Russian Governor Invites Cryptocurrency Miners to Set Up Mining Farms in Leningrad
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Russian Governor Invites Cryptocurrency Miners to Set Up Mining Farms in Leningrad

THELOGICALINDIAN - The Russian Leningrad arena wants to actualize an automated esplanade for cryptocurrency mining including bitcoin The regions governor is agreeable miners to the Sosnovy Bor breadth abreast St Petersburg to actualize industrialscale mining farms at the old Leningrad nuclear ability plant

Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies

Miners Invited to Relocate to Leningrad Region

The governor of the Russian Leningrad region, Alexander Drozdenko, is agreeable cryptocurrency miners to set up mining farms in the region, according to bounded publications. At the third anniversary appointment for the region’s baby and medium-sized businesses (SMEs) alleged “Energy of Opportunities” which took abode aftermost week, he proposed that the aboriginal Leningrad Nuclear Power Plant (LNPP) could be acclimated to set up cryptocurrency mining farms. The accident was abounding by 600 entrepreneurs and federal bureau representatives.

The Leningrad region is belted by Finland in the northwest and Estonia and St. Petersburg in the west. The region’s aboriginal LNPP, which was commissioned in 1974, is amid in the boondocks of Sosnovy Bor. Currently, the additional nuclear ability bulb (LNPP-2) is actuality developed abutting to it.

“As you know, the architecture of LNPP-2 is actuality completed in Sosnovy Bor, and ample areas of the aboriginal nuclear ability bulb are actuality liberated,” Drozdenko explained, abacus that this armpit may be of absorption to cryptocurrency miners. 47News noted:

Cheap Energy and Special Benefits

Governor Drozdenko acclaimed that “for the assembly of bitcoins, aboriginal of all, ample areas for processing and bargain electric ability are required.” His appointment has already been in altercation with Alexey Likhachev, Director General of Rosatom State Atomic Activity Corporation, as able-bodied as added Rosatom active about how “the absolved ability of Leningrad NPP can be acclimated as a technopark advised for bargain energy,” he revealed. Headquartered in Moscow, Rosatom is the authoritative anatomy of the Russian nuclear circuitous which runs all nuclear assets of the Russian Federation, both noncombatant and military.

In addition, the governor said that with the abutment of SMEs, the Leningrad arena can avant-garde the conception of cryptocurrency mining farms in Russia. According to the columnist account of the Leningrad arena government:

Other Attempts to Attract Crypto Miners

Earlier this month, news.Bitcoin.com reported on a activity to angel electricity costs to cryptocurrency miners, accomplished by the Institute for Internet Development (IRI) and the Russian Association of Blockchain and Cryptocurrency (RABIK). However, the area of this activity has not been disclosed. Meanwhile, addition arena in Russia has additionally been aggravating to allure cryptocurrency miners. The Kaliningrad arena has the better access in cryptocurrency mining-related chase queries in the aboriginal bisected of this year, according to a address by Google.

Moreover, First Deputy Prime Minister Igor Shuvalov recently revealed that the government is discussing the conception of state-owned cryptocurrency mining centers.

Do you anticipate bitcoin miners should move to the Leningrad region? Let us apperceive in the comments area below.

Images address of the Leningrad Chamber of Commerce and Industry and Wikipedia.

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