Cryptocurrency's new frontier
Cryptocurrency mining is booming across parts of the former Soviet Union
Business Daily · BBC World Service
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Show Notes
Cryptocurrency mining is booming across parts of the former Soviet Union, with a number of regions expending gigawatts of power on mining operations. Ed Butler visits a facility in Georgia run by a firm called BitFury. We’ll also hear why the breakaway Russian-speaking regions of Abkhazia and Transnistria are getting into ‘bitmining’ and what concerns that is raising for environment and corruption investigators.
(Photo: A cryptocurrency mining centre in Kirishi, Russia, on August 20, 2018. Credit: Olga Maltseva/AFP/Getty Images)