🌍🔍 Russia ascends to become the world's second-largest Bitcoin mining superpower, trailing only the USA! 🇷🇺This development follows a series of strategic investments aimed at bolstering Russia's presence in the cryptocurrency sector. A notable project that has catapulted Russia into the mining spotlight is the completion of a massive 120-megawatt (MW) data center in Ethiopia by the Russian supplier BitCluster. https://en.cryptonomist.ch/wp-content/uploads/2024/02/mining-bitcoin-russia.jpg.webp
🌍🔍 Russia ascends to become the world's second-largest Bitcoin mining superpower, trailing only the USA! 🇷🇺This development follows a series of strategic investments aimed at bolstering Russia's presence in the cryptocurrency sector. A notable project that has catapulted Russia into the mining spotlight is the completion of a massive 120-megawatt (MW) data center in Ethiopia by the Russian supplier BitCluster.
🌍🔍 Russia ascends to become the world's second-largest Bitcoin mining superpower, trailing only the USA! 🇷🇺This development follows a series of strategic investments aimed at bolstering Russia's presence in the cryptocurrency sector. A notable project that has catapulted Russia into the mining spotlight is the completion of a massive 120-megawatt (MW) data center in Ethiopia by the Russian supplier BitCluster.
🌍🔍 Russia ascends to become the world's second-largest Bitcoin mining superpower, trailing only the USA! 🇷🇺This development follows a series of strategic investments aimed at bolstering Russia's presence in the cryptocurrency sector. A notable project that has catapulted Russia into the mining spotlight is the completion of a massive 120-megawatt (MW) data center in Ethiopia by the Russian supplier BitCluster.
Russia's rise in the rankings can be attributed to factors such as the slowing pace of mining in the US due to rising electricity prices and the abolition of tax incentives . Additionally, the availability of cheap energy and the country's cold climate have contributed to Russia's strong position in Bitcoin mining