New data released by Petr Veri, published by Moscow Times, has revealed that Russia is set to become the second-largest global player in electronic Bitcoin mining by the end of Q1 2023. Russia has the capacity to mine up to 750 megawatts, surpassing countries like Canada, Malaysia, Argentina, Iceland, Paraguay, Kazakhstan, and Ireland.
This data indicates that Russia has the necessary capabilities to produce significant amounts of Bitcoin, reflecting Russia’s investments in this field. The electronic mining sector is expected to grow significantly in Russia in the near future, leading to an improvement in the country’s economy.
The Gulf countries are also included in the list, where they occupy the third position in the world in this field with a mining capacity of up to 700 megawatts, indicating a great interest in technology in the region.
Investing in this field represents a good opportunity for countries to achieve significant financial gains, and electronic Bitcoin mining can play an important role in supporting and enhancing the growth of countries’ economies.