Key facts:
The oil producer will lend its energy capacity to mine Bitcoin.
The BitRiver company, which will help the Russian state company, is sanctioned by the United States.
A major Russian state-owned oil company will be venturing into Bitcoin mining through another company specializing in cryptocurrencies, according to reports.
Gazpromneft is a company subsidized by Gazprom, a Russian state-owned company that is the seventh largest oil-producing company in the world. according to studies.
This morning it became known that Gazpromneft would be allying with the Swiss firm BitRiver, specialized in bringing Bitcoin mining to oil facilities.
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The information comes from Petersburg International Economic Forum, done this morning. According to this information, BitRiver and Gazpomneft signed a collaboration agreement for the next 2 years. The contract consists of the construction of mining centers of up to 2 gigawatts of power, energy that will be generated with gas, according to shared information with a specialized media.
Representatives of associations of the Russian cryptocurrency industry were present at the forum held today, Russian state technology corporations, congressmen and deputies, as well as directors of BitRiver.
BitRiver is also a company sanctioned by the United States through the Treasury Office for Asset Control (OFAC), as a company allied to Russia in the context of the war in Ukraine.
In 2020, Gazprom, the parent of Gazpromneft, made deals to supply energy to Bitcoin miners in Siberia. However, this time they seem to be more committed to this activity and possibly see the fruits of Bitcoin mining.
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