Massive 70 MW-Rig Shipped to Russia Could Power Three Months of Crypto Mining Operations to Entire Country

Massive 70 MW Bitcoin Mining Rig Shipped to Russia

Big strikes are occurring inside the bitcoin mining trade in Russia. An unnamed miner despatched what appears to be the biggest single batch of mining gear to the nation.

Delivery Took Place on the End of 2020

According to Kommersant, the unknown miner shipped virtually 20,000 units on 14 vans, which have a complete energy capability of 70 megawatts. The media outlet’s estimations present that the {hardware} shipped from Asia is value approx. between $40 million and $60 million.

The Bitriver-powered knowledge heart is situated in Irkutsk, the biggest metropolis of Irkutsk, within the Siberian Federal District, with over 600,000 residents.

Citing Igor Runets, CEO and founding father of Bitriver knowledge heart, says that the supply happened on the finish of 2020, particularly in December. Right after the transport, the info heart’s employees put in the rigs to mine bitcoin (BTC).

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Hardware From Four Major Manufacturer Brands

Runets additionally added that they deployed a separate hangar in Bratsk, in the identical area, which can act as a tier-III stage knowledge heart to offer “very excessive security” to the remainder of the batch. The ASIC-based gear manufacturers acquired embrace Bitmain, Whatsminer, Innosilicon, and Avalon, mentioned the Bitriver knowledge heart’s CEO.

Artyom Eremin, the pinnacle of Chilkoot — one of many official distributors of crypto mining gear in Russia — mentioned the prices of the current Bitriver’s acquisition may attain $50 million. However, he estimated utilizing final 12 months’s value earlier than the surge of bitcoin’s quote throughout markets.

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