- Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring.
- Since 2017, when the popularity of this type of business started to increase exponentially, the revenues in the sector have been increasing at a fast pace for the better part of that period, regardless of the crypto market ups and downs.
- The expansion potential of crypto mining in the Russian Federation is huge and could have a significant impact on the Russian economy.
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’
