Crypto Miners From US, EU Stay Put in Russia Despite War, Sanctions

This capacity, comparable to BitRiverโ€™s, is in high demand among clients from Germany, the U.K., the U.S., Canada, Iran, Japan, New Zealand and other countries as well as local Russian miners, said MEATECโ€™s head of foreign relations, Alexander Swid. Europe accounts for around 50% of the mix; Russia, up to 30%. The U.S. makes up about 10% and โ€œa big requestโ€ for placement of specialized mining chips, known as ASICs, came from the U.S. recently, Haas said.

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