Russia Launches $100 Million Bitcoin Mining Operation (Bloomberg)

in #bitcoin8 years ago

Source : http://www.zerohedge.com/news/2017-08-08/russia-launches-100-million-bitcoin-mining-operation
https://www.bloomberg.com/news/articles/2017-08-08/putin-s-aide-seeks-100-million-to-rival-china-in-bitcoin-mining

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Bloomberg is reporting that a company headed by a Putin aid is launching and ICO and seeking to raise $100 Million to mine bitcoin. This move is in an attempt to counter the Bitcoin mining efforts in China.

Russian Miner Coin (RMC) has ambitions to reach up to 30% of all Global Mining.

This is seen as a watershed moment for Bitcoin and adds to the current Ethereum Projects that Russia has underway.

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Going mainstream. Precious metals are up too today

It looks more and more that way....but you have to follow all the little steps. And the move by precious metals was a nice little surprise too :-)

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