Russia to Build Crypto mining and AI Infrastructure in BRICS Nations

Not so long ago, Russia was dismissive of cryptocurrencies but has since been orange pilled and came full circle…

From Forbes:

Russia’s largest data center operator BitRiver has partnered with the Russian Direct Investment Fund to build mining and AI computing facilities across BRICS nations.

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“We will focus on creating a mining-based infrastructure – building data centers and connecting them to necessary power sources to enable AI project deployment and development across the country,” said BitRiver CEO Igor Runets according to the announcement.

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The companies cite a global shortage of energy-intensive data center capacity as a key driver for expansion. The initiative aligns with Russia’s push to strengthen its position as the world’s second-largest crypto mining market after the United States.

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