A former Russian fertiliser laboratory has been turned into what is claimed to be the Russia 's biggest cryptocurrency mining unit by start-up Kriptoyunivers. Co-founder Alexei Korolyov said the RUB500m ( $7.3m ), 21 sq ft facility near Saint Petersburg was "so far the only farm in Saint Petersburg that offers the ‘full cycle’ – not just producing cryptocurrency but also offering services to those who do the mining". Published: 9:41am, 21 Aug, 2018 The unit's creation comes as the Soviet government ponders legislation that would authorise the creation of cryptocurrencies.
A former Russian fertiliser laboratory has been turned into what is claimed to be the Russia 's biggest cryptocurrency mining unit by start-up Kriptoyunivers. Co-founder Alexei Korolyov said the RUB500m ( $7.3m ), 21 sq ft facility near Saint Petersburg was "so far the only farm in Saint Petersburg that offers the ‘full cycle’ – not just producing cryptocurrency but also offering services to those who do the mining". The unit's creation comes as the Soviet government ponders legislation that would authorise the creation of cryptocurrencies.