<a href="https://ultramining.com/news/rossiya-sravnyalas-s-ssha-po-tempam-rosta-majninga-kriptovalyut/">BitRiver</a>-B, a member of the prominent BitRiver group, is set to inaugurate a formidable 100 MW data processing center (DPC) for energy-intensive computing, particularly for cryptocurrency mining, in Buryatia's Far East by the second half of 2024. This center represents a significant investment of 1.4 billion rubles, marking it as the most substantial establishment of its kind in both the Republic of Buryatia and the Far Eastern Federal District.&nbsp; according to <a href="https://www.rbc.ru/crypto/news/65d26f299a79474424e1cd01">RBC</a>. 
Despite facing sanctions from the <a href="https://ultramining.com/news/en/major-bitcoin-mining-pool-foundry-usa-to-introduce-fee-structure/">US</a> Department of Finance, BitRiver is forging ahead with the construction of the DPC within the Buryatia territory of advanced development (TOR). This project stands as a pivotal investment for the Far East and the entirety of <a href="https://ultramining.com/news/en/russia-s-energy-ministry-charges-forward-to-legalize-crypto-mining/">Russia</a>, as noted by Sergey Bezdelov, the director of the Industrial Mining Association (IMA).&nbsp; 
The DPC is expected to create approximately 120 jobs for top-tier professionals and will focus on nurturing young talent to support the high-tech industry. This development is in line with Russia's growing demand for high-performance and energy-intensive computing, which, as per the IMA's projections, could require several tens of GW by 2035, particularly with the widespread integration of artificial intelligence. 
This initiative also coincides with a visit from one of the world's premier vendors of artificial intelligence technology equipment, who evaluated the site's potential for AI applications. The center is poised to specialize in high-performance computing tasks, encompassing cryptocurrency mining, cloud computing, and a suite of other cutting-edge digital services, paving the way for a technological leap in the region.

BitRiver to Power Up 100 MW Crypto Mining Hub in Buryatia Amidst Sanctions

Ultramining_Eng

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