• Russia’s third largest oil producer, Gazpromneft, enters the bitcoin mining space.
  • Gazpromneft will partner with Swiss-based bitcoin mining company BitRiver to deliver energy resources to new and remote oilfield sites.
  • BitRiver was previously sanctioned by the US for reportedly helping Russia evade sanctions.

Russia’s third-largest oil producer, Gazpromneft, is partnering with Switzerland-based bitcoin miner BitRiver to expand mining operations in oil fields, according to a memorandum from the St. Petersburg International Economic Forum.

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