CEO @BitRiverMining, sustainable #Bitcoin mining

Moscow, Russia
Joined April 2020
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Igor Runets retweeted
Desire for anything increases with restriction and prohibition. Regulation will only accelerate the adoption of #bitcoin
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Jan. 27 Igor Runets took part in a Russian parliament working session on the regulation of the mining industry. The participants strongly believe that the mining industry regulation will contribute to the economic growth due to a broader tax base and job creation.
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Russian President Vladimir Putin has stated that Russia has competitive advantages in mining due to its qualified personnel and the surplus of electricity. Mr Putin asked the Government and the Central Bank to reach a consensus decision on the cryptocurrency regulation in Russia.
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25, January Igor Runets, founder and CEO of BitRiver, delivered a speech on “Data centers as digital economy point of growth” within RABC Forum at Expo 2020 Dubai. This topic was of keen interest to our Russian and Middle East current and potential partners and customers.
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Russian State Duma has created a working group on the issue of the cryptocurrency market legislative regulation. It will convey the stakeholders position to the President of Russia. Russia today has a real opportunity to become a world leader in digital financial technologies.
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Dear colleagues! We are happy to wish you the best Merry Christmas! Peace, happiness and great success in your business! BitRiver will be pleased to strengthen cooperation with you in the new year!
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Dear colleagues, we are glad to announce that our Moscow office has moved to a new larger building at Anneskaya str. 17.
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On December 9-10, Moscow International Forum of Innovative Development was jointly organized by RACIB and BitRiver. Igor Gordeev, BitRiver Chief Commercial Officer moderated the session where our speaker Anton Nemtsov, spoke on mining as the engine for economic growth in Russia.
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Business intelligence firm MicroStrategy is stacking up its #Bitcoin: its holdings are valued at more than $5.9 billion—making over $2.2 billion in gains. Will this be the norm for big companies? Who will be next, do you think? cointelegraph.com/news/micro…
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#Bitcoin mining is big in Kazakhstan. But it is straining the country's power grid and the government is now trying to better regulate mining. We have always focused on sustainable mining using renewables, and work with regulators at all levels to ensure compliance.
Kazakhstan used to tout its excess energy and cheap prices to crypto miners. But the China mining ban, surging #Bitcoin prices, and network hash rate created a big scalability problem: decrypt.co/87293/bitcoin-min… via @stacyannj
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We are honored to be included in @APompliano's newsletter looking at the most breathtaking #Bitcoin mines 😎😁 Scroll down to see the snaps from our data center! pomp.substack.com/p/10-epic-…
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Igor Runets retweeted
The 4 Possible Scenarios For #Bitcoin in The Long Term, if Bitcoin becomes as and price reach: 1) a Digital Gold - $80K/BTC; 2) an Alternative asset - $250K/BTC; 3) a Medium of Exchange - $500K/BTC; 4) a Legal Tender - $1000K/BTC.
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Institutional investors continue to show interest in the #Bitcoin and crypto world. 😎🤑🔥 Morgan Stanley, one of the largest banks in the US, has increased its Bitcoin exposure to over $300 million via the Grayscale Bitcoin Trust (GBTC). Who will be next, do you think?
Morgan Stanley purchased more shares of Grayscale's Bitcoin Trust (GBTC) during the third quarter despite those shares trading at a discount to Bitcoin. decrypt.co/86820/morgan-stan…
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Igor Runets, BitRiver CEO, joined panel discussion hosted by the Russian Far East and Arctic Development Corporation at EXPO 2020 Dubai. His presentation on data centers in Siberia and Far East highlighted green energy use, logistics, connectivity and Far East support benefits.
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Bitcoin's biggest upgrade since 2017 went live yesterday. It will preserve privacy on the #Bitcoin blockchain by obscuring complicated transactions—as well as making them cheaper. We are proud to help keep this ever-evolving and relevant tech secure. decrypt.co/86027/bitcoins-bi…
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The mining market is one of the fastest growing in Russia. The Russian government is developing new tools to regulate this industry, and we fully support these initiatives. theblockcrypto.com/linked/12…
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Happy birthday, #Bitcoin! 🥳 13 years ago today, Satoshi Nakamoto released a whitepaper detailing Bitcoin. And look how far it's come since then! We are honoured to play a part in keeping the Bitcoin network secure through sustainable mining.
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Russian authorities have noticed a huge increase in energy consumption in the Irkutsk region. This is because of illegal—and potentially dangerous—crypto mining operations. The gov't is working on new ways to regulate usage and we fully support this. einpresswire.com/article/553…
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Fossil fuel supplies to power the post-pandemic recovery are a cause for concern—so why would anyone support #bitcoinmining relying on such non-renewable sources? Clean, green #Bitcoin mining using surplus hydro is the way we've always done it—and the way it should be done.
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