Comment
Author: Admin | 2025-04-27
Would choose to keep their ASICs there, with the potential to expand to 40 megawatts.“Our main business is combining the production of electricity and aluminium, which allows for turning electricity right into aluminium production, instead of selling it via the power grid [to consumers]. Data centers, especially for the mining farms, are an even more attractive way of turning electricity into a product,” Khardikov said.He added that En+ is happy to see more miners as its clients, and is offering to locate their farms in the direct vicinity of the firm’s power plants. “We have venues with electricity infrastructure readily available, from smaller ones for 10-30 megawatts, to larger ones for 100-120 megawatts,” Khardikov said.Read more: A Russian Company Is Opening a Mining Farm in the ArcticAccording to him, En+ is actively lobbying the interests of the crypto industry in Russia and is talking to both the government and market participants, in hopes of better crypto regulation in the country.“A reasonable regulation of the [crypto] space will help develop other sectors of the economy as well, such as energy generation and other industries,” Khardikov said.As for BitRiver, the partnership will help it grab an even bigger share of the market, BitRiver CEO Igor Runets told CoinDesk.“We’re planning to grow the capacity of our data centers significantly in 2021, and partnering with the largest private hydropower company in the world is important to achieve this goal,” he said. The new status of being a partner, rather than a client, of En+, will help reduce costs and build a better relationship with the electricity provider, Runets added.Political entourageApart from the potential scale of the new mining enterprise, En+ getting into crypto is interesting for another reason: The company’s largest shareholder, Oleg Deripaska, is the second Russian billionaire to publicly dip his toes
Add Comment