{"id":30750,"date":"2020-10-27T09:55:06","date_gmt":"2020-10-27T07:55:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30750"},"modified":"2025-08-27T23:51:15","modified_gmt":"2025-08-27T20:51:15","slug":"authorities-in-buryatia-approve-construction-of-a-mining-centre","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/authorities-in-buryatia-approve-construction-of-a-mining-centre\/","title":{"rendered":"Authorities in Buryatia approve construction of a mining centre"},"content":{"rendered":"<p>A large data centre for Bitcoin mining will be established in Buryatia. The decree was signed by the republic&#8217;s head, Aleksey Tsydenov, <a href=\"https:\/\/gazeta-n1.ru\/news\/business\/91833\/\" target=\"_blank\" rel=\"noopener noreferrer\">report<\/a> local media.<\/p>\n<p>The data centre, with a capacity of up to 100 MW, will be located in the Mukhor-Shibir settlement, within the Buryatia Advanced Development Zone. Construction will be undertaken by Bitriver-B.<\/p>\n<p>The facility will be equipped with next-generation ASIC miners with minimal energy consumption, cooling devices, and systems to utilise residual energy.<\/p>\n<p>Nearby, a comprehensive 220 kV-to-0.4 kV step-down transformer substation will be constructed.<\/p>\n<p>Investors plan to invest more than 691 million rubles in the construction and equipment of mining farms. The project is due to be completed within one year.<\/p>\n<p>Authorities in Buryatia said the data centre&#8217;s opening would create up to 100 new jobs.<\/p>\n<p>In addition to cloud mining, the company will develop infrastructure for payment systems.<\/p>\n<p>Founded in August 2020, Bitriver-B is registered in Mukhor-Shibir. Its ultimate owner is Igor Runets. In 2019, Runets-owned Bitriver Rus opened a mining farm near the Bratsk Aluminium Plant.<\/p>\n<p>Bitriver does not engage directly in mining but provides equipment and technical services. The company cooperates with investors from Japan, China and the United States.<\/p>\n<p>Earlier in October, the Russian industrial mining operator BitCluster <a href=\"https:\/\/u1f987.com\/en\/news\/bitcluster-opens-mining-centre-on-nornickel-site\">opened<\/a> a large data centre on the site of the closed NorNickel plant in Norilsk.<\/p>\n<p>Its total computing power <a href=\"https:\/\/u1f987.com\/en\/news\/bitcluster-estimates-the-scale-of-impact-of-its-new-mining-centre-on-the-bitcoin-network\">could reach<\/a> roughly 1% of the Bitcoin network&#8217;s total hashrate.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A large data centre for Bitcoin mining will be built in Buryatia. The decree was signed by the republic&#8217;s head Aleksey Tsydenov, local media report.<\/p>\n","protected":false},"author":1,"featured_media":30751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1567,1137,27],"class_list":["post-30750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitriver","tag-cryptocurrency-mining","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=30750"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30750\/revisions"}],"predecessor-version":[{"id":30752,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30750\/revisions\/30752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/30751"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=30750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=30750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=30750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}