New Step for Bitcoin Mining from Russia: Establishing Government Supported Center

With the direct support of the Russian government, a massive $12 million Bitcoin (BTC) and crypto mining center will be built in eastern Siberia.

According to a report by local media, Russia-based Ministry of Far East Developmenteast of Siberia BuryatiaA huge $12 million Bitcoin and crypto mining announced the opening of the center. The facility is expected to be operational in the coming months.

at the facility 30,000 mining machines when to be found 100 workers will be employed And from the mains It will consume 100 megawatts. One of the largest crypto mining companies in Russia BitRiver will be operated by

The Russian government, from this mining center, which is the subject of the news, land and property will not be taxed. Also, according to the information income tax at the point great support will be provided.

For those who want to invest in Russia’s mining reduced income and property tax It will provide many incentives such as

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