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.
