WATCH: Inside a Siberian Crypto Mining Complex

  In Siberia, cheap hydropower, cold climate, and abandoned Soviet industrial infrastructure has made the region of Irkutsk an attractive spot for urban explorers and, more importantly, crypto miners. In the city of Bratsk lies one of the largest hydropower plants in Russia. The massive dam and generator feeds the region’s growing mining farms. Cheap electricity […]

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Blockstream Launches Bitcoin Mining Farm With Fidelity as Early Customer

Blockstream has launched a colocation mining service and already counts the Fidelity Center for Applied Technology and LinkedIn founder Reid Hoffman as customers. On Thursday, the bitcoin and blockchain technology firm announced a new mining wing, Blockstream Mining, along with a BetterHash-based mining pool, Blockstream Pool. Led by cryptographer Dr. Adam Back, Blockstream is best known […]

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