Crypto miners from the US and EU remain in Russia despite the war and sanctions

Crypto miners from the US and EU remain in Russia despite the war and sanctions


This capacity, comparable to that of BitRiver, is in great demand among customers from Germany, the UK, the US, Canada, Iran, Japan, New Zealand and other countries, as well as local Russian miners, said Alexander Swid, Head of External Relations at MEATEC. Europe accounts for about 50% of this mix; Russia, up to 30%. The US makes up about 10%, Haas said, and a “huge demand” to put in specialized mining chips, known as ASICs, came from the US recently.



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