While we provides the service for the bitcoin mining services in Russia and Laos, we were attracted to the mechanism of crypto assets that can be connected without intervening a centralized system such as a bank.
We started bitcoin mining business in 2019 in Siberia, Russia, where the electricity bill is cheap and the climate is cool.
However, since Russia’s invasion of Ukraine on 24 February, 2022, sanctions against Russia have been strengthened, we also started mining in Laos as well for the risk hedge.
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