Monthly Archives

February 2021

Russian crypto mining firm scrambles to meet foreign demand

By | blog

Global cryptocurrency mining operators are increasingly moving their equipment to Russia and the Commonwealth of Independent States as they chase lower energy prices. Igor Runets, founder and CEO of Russian crypto mining firm BitRiver, told local news agency Kommersant Thursday that the company is actively building up its power capacity to meet increasing demand from American and European investors. According to the executive, BitRiver has run out of spare capacity at its data centers, having fully reserved all of its power for the next 18 months. During this period, the company expects to co-locate mining equipment of total mining power estimated at

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Chinese GPU miners reportedly bulk buying Nvidia laptops to mine Ether

By | blog

Chinese cryptocurrency miners are reportedly buying Nvidia’s new laptops to mine Ether (ETH) amid the altcoin hitting new all-time highs. Nvidia’s latest GeForce RTX 30 laptops have become increasingly popular in China as a tool for mining cryptocurrency, according to several sources. On Feb. 6, a Weibo user known as BTCer posted a bunch of images showing off GeForce RTX 30 series gaming laptops making up a solid crypto mining farm. “A laptop mine is up​,” BTCer noted in the post depicting dozens of laptops stacked up on shelves. Several tech media outlets ncluding VideoCardz and Wccftech subsequently suggested that the mining farm was set up specifically

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