Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in Russia

 China has long been a cryptocurrency mining stronghold due to low power tariffs and many large mining operations have set up shop nearby power stations.

It seems this theme is spilling over to Russia, where the first instance of power stations being bought by investors to house cryptocurrency mining operations is being reported.

According to RT, Russian businessman Aleksey Kolesnik has all but confirmed buying two power stations for cryptocurrency mining operations in the future - citing a report from local newspaper Kommersant. 

Article: https://cointelegraph.com/news/russian-businessman-buys-power-stations-for-crypto-mining