The CEO of VEB Bank of Siberia: cheap electricity and cold climate is the ideal place for bitcoin mining

The CEO of VEB Bank of Siberia: cheap electricity and cold climate is the ideal place for bitcoin mining

   

Vnesheconombank (VEB) chief executive of Bank of Siberia cheap electricity and cold ofclimate called bitcoin mining the perfect.

VEB bank CEO Sergei gove? (SergeyGorkov) in TASS (Tass) in a report, a detailed description of the geological characteristics of Siberia provides a suitable living environment for the miners; cheap energy and cold conditions conducive to the use of the work of mining equipment, mining power and emissions needs as everyone knows the heat. Gorkov said:

“Siberia is a unique region of Russia, seems to be created for the information technology center. Like Ob, Yenice and Lena River offers great prospects for cheap electricity, cold climate to reduce server cooling costs, while Krasnoyarsk and Novosibirsk science facilities providing highly skilled programmers.”

Gorkov goes on to detail the case of excess energy, he said: “this is a power surplus, and no large export areas, this is due to the limitations caused by logistics.” There is a plan to transfer power to the city of excess energy mining and export plan hash code.”

With the development of ecological system of science and technology continue to block chain profitable, encrypted currency mining appears relative prosperity in russia. Therefore, VEB is very active in the blockchain scene. The bank in August 2017 and started the organization founder VitalikButerin Ethernet Fang EthereumRussia signed an agreement to promote the development of the ability of expert community center of the bank. At the end of October 2017, VEB signed a cooperation agreement, will block chain technology and electronic document flow system integration.

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