Gazprom launches pilot mining project at depleted Siberian gas field
- —Gazprom and Crypto Energy are building a modular data center at the Medvezhye field in the Yamalo-Nenets Autonomous Okrug
- —Power source is residual low-pressure gas that is uneconomical to transport
- —Mining in Moscow and the region is banned until the end of 2032 due to grid strain
- —A similar scheme is already operating at the Bovanenkovo field
Why it matters: Russia is monetizing associated gas through mining to bypass sanctions, which boosts hash rate and pressures miner profitability.
Source: BitcoinBázis