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In Russia they create the first mining pool

The project plans to invest up to $ 5 million.

29.Mar.18 4:33 AM
By Johnatan Toadlicker


In Russia they create the first mining pool

The Russian Association of Crypto-Currency and Block (RACIB) creates a national mining pool in the country MineRussia. Investors plan to invest in this project 4-5 million dollars, one of them - the general director of the corporate messenger Dialog Nikita Goldsmith.

Those in the pool will deal with the so-called "cloud" mining. As Nikita Kulikov, the head of ANO Robotics Law, explains, they will not have to think about such things as equipment, fire safety, the price of electricity, etc. The representative of the RKKIB Arseniy Sheltsin notes that the project is called upon to unite not only the miners, but also the developers of hardware and software for these purposes. Shcheltsin added that while Russia is forced to "feed" the mining pools from Europe and Asia, but it's time to change the situation. 

According to recent studies, in Russia there are only 2% of the mining capacity, although it is called one of the best places for mining. The largest number of capacities (60%) is in China, followed by the US and Canada, Georgia, European countries. 

MineRussia servers are planned to be located in Russia, and negotiations are also underway to connect the mining farms from China, Malaysia and Singapore.

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