Russian Crypto Miners Brace for Sanctions Fallout Amid Ukraine Conflict

“We don’t plan to look for new sites in Russia, but we are developing more than 300 megawatts in the next six to eight months,” Roman Zabuga, a spokesman for BWC UG, a Germany-based mining hosting firm, told CoinDesk. BWC UG will likely host Chinese miners from Kazakhstan once the firm’s mines are complete, he said.

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