Log InBitcoin Mining Comes to the Arctic Circle
Author: Bloomberg
14 January 2021 Updated: 7 May 2024
Wechat ID: @OlegK1106 or +79689515800
14 January 2021The Siberian city of Norilsk is best known as the home of mining giant MMC Norilsk Nickel PJSC. With a population of 180,000, it’s one of the biggest human settlements beyond the Polar Circle and only reachable by plane or boat. The city may soon be famous for a different type of mining though — it now hosts the Arctic’s first crypto farm for producing new Bitcoins. BitCluster, the facility’s Russian owner, is already planning an expansion after starting operations late last year.
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