BitRiver Group, a significant player in the Bitcoin mining industry, is strategically expanding its operations in Russia. The announcement of the largest data center in Eurasia specializing in AI applications represents a notable move by BitRiver-B, a subsidiary of BitRiver Group, towards diversification and innovation. With a capacity of 100 megawatts and a focus on energy-intensive computations, this data center signals BitRiver Group's commitment to leveraging AI technology within the Russian market. The insights provided by Sergey Bezdelov shed light on the company's vision for growth and advancement in the region.
Expansion Plans of BitRiver Group in the Russian Market
by Giorgi Kostiuk
2 years ago
0
Other news
Goldman Sachs CEO Criticizes Crypto Leaders Over Market Structure Bill
Goldman Sachs CEO David Solomon criticizes crypto leaders for disregarding the market structure bill, emphasizing the need for a rules-based framework in the industry.
Concerns Over Legal Liabilities for Crypto Developers
Recent prosecutions highlight the risks faced by developers in the crypto industry amid ongoing legislative debates.
Laurore Ltd Surfaces as Major Player in Bitcoin ETF Market
Laurore Ltd has emerged as a significant buyer of BlackRock's iShares Bitcoin Trust, acquiring 8,786,279 shares valued at approximately $337.3 million, raising questions about its identity and motivations.
Citigroup Raises Nvidia Stock Price Target to $270
Citigroup has raised its price target for Nvidia stock to $270, anticipating strong revenue growth and performance in the AI sector.
Robert Kiyosaki Predicts Market Slide and Advocates for Accumulation
Robert Kiyosaki anticipates a significant market downturn and encourages investors to buy assets like Bitcoin and Ethereum during market panic.
Legal Challenges Emerge for Crypto Platforms Amid Regulatory Scrutiny
Legal challenges arise for crypto platforms in the US as state regulators take action against unlicensed wagering, leading to disputes over contract classification.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter