Large Glassware Plant in Siberia to Mine Bitcoin

The largest glass manufacturing plant in Siberia may soon start minting bitcoins. The management of the factory in Novosibirsk announced plans to invest in a mining farm. 11 million rubles will be spent in the first phase of the project to utilize surplus electricity and make use of empty spaces.

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An empty workshop and surplus electrical capacity will be used in the mining operation. The initial investment amounts to 11 million rubles (almost $200,000), the president of Ekran’s Board of Directors told Tass. The second floor of the main factory building, which is unoccupied, will house the mining equipment, Pavel Boboshik explained.

“We are going to build there a farm for mining bitcoin and other popular cryptocurrencies. 

   
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