SBI Holdings, a Japanese securities and banking giant, has ended its mining operations in Russia and cut ties with the sanctioned Russian bitcoin miner BitRiver. SBI Holdings had previously kept its...
Tag: Bitriver
Gazpromneft Taps BitRiver to Mine Bitcoin
Russian energy goliath Gazpromneft taps BitRiver to run mining tasks at remote or difficult-to-reach oil fields The association was sanctioned at the St. Petersburg International Economic Forum on Thu...
BitRiver And Russian Oil Giant Team Up To Power Data Centers
The third-largest oil producer in Russia has joined forces with BitRiver, a bitcoin mining business based in Switzerland, to mine bitcoin utilizing spare resources. BitRiver will construct the digital...
Russian Energy Giant Taps BitRiver to Mine BTC With Flared Natural Gas
Russia’s third-largest oil producer inks agreement with green crypto mining hosting company BitRiver to set up mining facilities on oil fields. As debates rage on in North America about the alleged im...
Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction – Mining Bitcoin News
Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will in return...
Oil Company Gazpromneft To Launch a Cryptocurrency Mining Operation With BitRiver
U.S sanctions against Russia have played a role in the adoption of cryptocurrencies in the European country, causing oil companies like the giant Gazpromneft to look for new ways to exploit natural re...
BitRiver mining giant plans on challenging U.S. sanctions
BitRiver, one of the world’s largest crypto mining data centers operator, intends to sue the United States over its decision to label it a Russia-friendly organization. The firm claims that it does no...
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions – Mining Bitcoin News
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not hel...
US levies fresh sanctions against Russian entities, including Bitcoin miner BitRiver
The U.S. has announced new sanctions against entities connected to Russia, and this time around, one of them is a crypto mining company, according to a Reuters report. BitRiver operations hit with san...
BitRiver Calls OFAC Sanctions ‘Unfair’ Anti-Competitive Move to Benefit US Miners
BitRiver’s parent company is based in Switzerland and “has never provided services to Russian government institutions” or worked with entities already targeted by sanctions, Igor Runets, the com...
US Government Sanctions Major Crypto Miner BitRiver
The US Treasury Department announced that it imposed sanctions on BitRiver, a cryptocurrency mining company, which is one of the largest data center service providers in the sphere, over its operation...
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential – Mining Bitcoin News
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid con...
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential – Coinotizia
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid con...
US Treasury Department Imposes Sanctions on Russian Crypto Mining Firm Bitriver
The United States announced that it has added Bitriver, a Russian cryptocurrency mining firm, to its sanctions list. The latest movement is part of the US ongoing efforts to block Russian companies f...
U.S. Unleashes New Sanctions Against Russian Oligarchs, Bank And Crypto Miner BitRiver
The US Department of the Treasury is targeting companies, oligarchs, and bitcoin miners operating in Russia for the first time ever as the country’s conflict on Ukraine enters its third month. Treasur...
U.S. Treasury Sanctions Russian Crypto Mining Operation Amid New Token Launch
In a press release today, the U.S. Department of the Treasury is taking action against companies in Russia’s virtual currency mining industry. The Office of Foreign Assets Control (OFAC) designated Bi...
US Sanctions Russian Crypto Mining Host Bitriver
“Treasury is also taking action against companies in Russia’s virtual currency mining industry. By operating vast server farms that sell virtual currency mining capacity internationally, these c...
Treasury Sanctions First Crypto Miner—Targeting Russia’s Bitriver For ‘Supporting Putin’s Brutal War’
Topline In its latest retaliatory measures following Russia’s invasion of Ukraine, the Treasury Department on Wednesday sanctioned one of the largest cryptocurrency miners in Europe and Asia—mar...
Crypto-Mining Host BitRiver Rus Had Net Zero Carbon Footprint in H2 2021
BitRiver Rus, based in Irkutsk, Siberia, is one of the largest mining firms in Russia, offering hosting services for large-scale mining. Its data centers are 300 megawatts, and the company plans to in...