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Remote Siberian data center reaps rewards of bitcoin rally

4 Min Read MOSCOW (Reuters) - Four thousand kilometres from Moscow near the shores of the Angara River, a Russian firm operating a vast data centre run on cheap local hydroelectric power is reaping the rewards of bitcoin’s surging prices and plans to double its power output this year. BitRiver hosts equipment at its flagship 100-megawatt data centre in the city of Bratsk, along with other smaller sites, for foreign miners of the cryptocurrency from the United States, Europe and Japan who want...
United States Irkutskaya Oblast Alexandra Hudson Igor Runets Katya Golubkova Alexander Brazhnikov

Bitcoin Price Breaks $50,000 Barrier on MicroStrategy's Plan to Buy More BTC

Bitcoin Price Breaks $50,000 Barrier on MicroStrategys Plan to Buy More BTC Not long after Elon Musk’s Tesla invested $1.5 billion into Bitcoin, the cryptocurrency has notched up yet another record price. In brief This means Bitcoin has recorded yet another all-time high. The record comes two weeks after Tesla announced a $1.5 billion investment in Bitcoin. Bitcoin’s price has broken the $50,000 barrier, reaching as high as $50,560, on the news that MicroStrategy will sell $600 million o...
United States Igor Runets Michael Saylor Raoul Pal Jack Dorsey Square Elon Musk
Source: decrypt.co

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