Published: 9:41am, 21 Aug, 2018 Updated: 9:41am, 21 Aug, 2018
A former Soviet 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), 44,000 sq ft facility near Saint Petersburg was "so far the only farm in Russia 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 Russian government ponders legislation that would authorise the creation of cryptocurrencies.