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Lubomir Tassev

Yakutia plans Bitcoin mining at Ulugurskoye and Ergedzheyskoye gas fields with Alrosa

In the Republic of Sakha (Yakutia), regional authorities are considering building cryptocurrency mining farms at the Ulugurskoye and Ergedzheyskoye gas fields operated by Ulugurneftegaz, a joint venture of Alrosa and Sakhatransneftegaz. The plan seeks to use large local gas reserves to power coin minting facilities, as Russia promotes relocating miners to remote northern regions with surplus energy and colder climates to ease pressure on grids in other areas.
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