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Compass Mining to Sold $30m Worth of Assets in Russia to …

According to a Bloomberg report, citing Compass Mining's Chief Executive Officer, Whit Gibbs, the mining facility it operates in Siberia hosts about 12 megawatts of capacity. …

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Alrosa kicks off mining at new diamond field in …

World's top diamond producer by output Alrosa (MCX:ALRS) said Wednesday it had begun production at its new Verkhne-Munskoye diamond field in eastern Siberia, which Russian President Vladimir...

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Crypto Mining Tycoon's Wealth Surges on Russia's Crypto …

Russian businessman Igor Runets created a data centre for cryptocurrency mining in Siberia in 2017, the same year he received his MBA from Stanford University. It was a …

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Historic Siberian mine to become automated

The Siberian Coal Energy Company (SUEK ) has partnered with Zyfra Group's subsidiary VIST Group, to develop an unmanned drilling technology at the Tugnuysky coal mine, located on the...

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Russian Hydropower Giant Opens Bitcoin …

BitRiver owns the largest mining venue in Russia, hosting about 100 megawatt worth of clients' ASICs on a farm near the Bratsk hydropower plant in Siberia. The firm is also looking to expand to ...

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Polyus says sanctions will double cost of Siberian …

Russia's largest gold producer Polyus said on Tuesday that the cost of developing the giant Sukhoi Log gold deposit in Siberia had nearly doubled to $6 billion due to Western sanctions.

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Crypto Miners From US, EU Stay Put in Russia Despite War

MEATEC, a German company, is operating a mining facility at a former abandoned factory in Irkutsk, one of the largest cities in Siberia. The firm currently has 110 …

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A Russian Operation Is Mining Bitcoin …

A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to …

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New | Legal battles shroud future of Siberian …

Does a US$728 million financing deal for an abandoned coal mine, a group of South Korean businessmen and a falsified mineral survey report lie behind the problems at Hong Kong listed Siberian ...

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BitRiver to Build New 100MW Crypto Mining …

BitRiver, Russia's biggest industrial crypto mining firm, has announced it is building a new 100MW data center in Eastern Siberia. The firm's BitRiver-B subsidiary has already started building the new center, officially a "data …

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Sanctioned Bitcoin Mining Firm BitRiver Loses Another …

The bitcoin (BTC) mining arm of a major Japanese bank has ended a previously undisclosed relationship with a Russian miner hosting firm sanctioned by the U.S. government.

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Illegal Crypto Mining: Russian Police Seize 3,225 Rigs in Siberia

The firm said miners ran centers located "in different parts" of the city of Novosibirsk. ... Power firms have targeted illegal crypto mining in crackdowns both in Siberia …

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Russia's Largest Crypto Mining Firm Expands Operations in Siberia

BitRiver, Russia's largest industrial crypto mining firm, is building a new 100MW data center in Siberia, powered by renewable energy sources. Skip to content ABOUT US

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Nicholas B. Tweet and Evinda S. Tweet

The community is only about 100 miles from the Siberian coast, and quite literally, there are nearby localities where one 'can see Russia from one's house'. During the Bolshevik …

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Siberian Lawmaker Found Operating Illegal Crypto Mining …

A local government official in Siberia has been accused of running an illegal cryptocurrency mining operation from his garage, allegedly causing substantial damage to the …

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Sibanthracite Group

The Sibanthracite Group is a coal mining company that produces high-quality, ultra high grade (UHG) anthracite and other metallurgical coals. The Group includes the leading coal companies in Novosibirsk Region – the Kolyvansky …

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Illegal Crypto Mining: Russian Police Seize More …

The firm said miners ran centers located "in different parts" of the city of Novosibirsk. The power firm said it estimated the miners stole a combined total of $2.1 million worth of electricity from the Novosibirsk grid. Police …

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Gas powered block reward mining farm opens in Siberia

A wholly owned subsidiary of natural gas firm Gazprom, the company said it was initially running mining operations from one of its oil drilling facilities in Siberia, according to …

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Helsinki Shipyard to build icebreaker for Russian mining firm

Helsinki Shipyard and Russian mining firm Norilsk Nickel are to join forces in building a new icebreaker for use in northern Siberia, the companies announced on Tuesday. …

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New Horizons: Siberia, the last frontier for …

The Mir Mine is a former open pit diamond mine, now inactive, located in Mirny, Eastern Siberia, Russia. It's approximately 525-meters (1,722-feet) deep (4th in the world) and has a diameter of 1,200-meters (3,900-feet), …

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Russia's Rusal plans to double Siberian plant output by 2030

Russian aluminium producer United Company Rusal International (Rusal) is planning to double the capacity of its Boguchansky aluminum smelter in Krasnoyarsk, Siberia, …

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What Does a Crypto Mining Farm Look …

The firm unplugged all of its Bitmain Antminer S9s in late 2021 and is replacing them with newer, and more energy-efficient S19s. ... BitCluster's mine in Norilsk, Siberia, is …

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BRICS countries to invest $500 million in Russian …

Russian gold mining companies are currently not taking part in developing Klyuchevskoye, but Russia stands to gain regardless of who develops the site. A new agreement to restart exploration and...

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Historic Siberian mine to become automated

The Siberian Coal Energy Company (SUEK ) has partnered with Zyfra Group's subsidiary VIST Group, to develop an unmanned drilling technology at the Tugnuysky coal …

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Bitcoin Mining Farms Are Flourishing …

The Takeaway: Russia's abandoned Soviet-era factories are enjoying a second life as cryptocurrency mining facilities. Siberia's big hydropower plants (another legacy of …

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Northern Data sells Texas data center operations …

Cryptocurrency mining firm Riot Blockchain has bought Whinstone from Northern Data for €550 million ($654 million) ... Whinstone's 100-acre site hosts mining operations for three institutional clients in three buildings totaling …

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Locals in Russia's Eastern Siberia balk at …

Meet the residents of Krasny Chikoi, southwest of the Eastern Siberian city of Chita, who said a firm "No" to uranium mining. Andrei Ozharovsky, 03/12-2010 Krasny Chikoi is a municipality on the right bank of the river of …

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Russian Police Seize 3,200 Crypto Mining Rigs in Siberia Raids

The firm said miners ran centers located "in different parts" of the city of Novosibirsk. The power firm estimated that the miners stole a combined total of $2.1 million …

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Russia to open WORLD'S LARGEST gold mine in …

Russia's largest gold miner Polyus said it is working on securing 100 percent ownership of the Sukhoi Log gold deposit in Siberia, which has estimated reserves of 540 million tons of ore, containing 40 million troy ounces …

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Bitcoin Mining Firm Bitdeer Purchases Canadian Power …

Bitcoin mining firm Bitdeer has announced the acquisition of a power project in Alberta, Canada, for $21.7 million. The project, located on 19 acres of land near Fox Creek, …