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Large 70 MW Bitcoin Mining Rig Shipped to Russia

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

Large strikes are taking place inside the bitcoin mining trade in Russia. An unnamed miner despatched what appears to be the most important single batch of mining gear to the nation.

Supply Took Place on the Finish of 2020

In response to Kommersant, the unknown miner shipped nearly 20,000 gadgets 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 price approx. between $40 million and $60 million.

The Bitriver-powered information middle is situated in Irkutsk, the most important metropolis of Irkutsk, within the Siberian Federal District, with over 600,000 residents.

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

{Hardware} From 4 Main Producer Manufacturers

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

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

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