Russia: Oil Company Gazpromneft To Launch a Cryptocurrency Mining Operation With BitRiver
U.S sanctions against Russia have played a role in the adoption of cryptocurrencies in the European country, causing oil companies like the giant Gazpromneft to look for new ways to exploit natural resources —this time for cryptocurrency mining.
According to information shared by the St. Petersburg International Economic Forum, the two companies will work together to harness surplus electricity from the carbon dioxide (CO2) released during Gazprom’s oil extraction operations in Russia. This is often a problem for many companies because they must burn it in the atmosphere, but what Gazpromneft is doing could be a better solution. Igor Runets, founder and CEO of BitRiver, said that the company intends to eventually build a mining infrastructure in Russia with support from Gazpromneft.
Source
https://t.me/Bitcoin_NewsTg
