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Mining City May Be Created In Russia
November 23, 2017 11:41


 A city specializing in crypto-currencies  mining can be built in Siberia or the Far East. This has been reported on Thursday. The mining-city will help the Russians to earn and replenish the state budget, State Duma Deputy, Boris Chernyshov, believes. "If we build such a settlement near the border, for example, with China, it will immediately arouse great interest. There will be flows of business tourists. Such a place will become a business forum and will bring investments from abroad", he said.

The city should be located next to one of the largest hydroelectric power stations, the deputy explained. The certain site for construction is to be determined by departments, experts and private investors. In the future, on the basis of the Russian mining city, it is possible to create a leading technology cluster that "gains the upper hand" from the Silicon Valley in the US, Chernyshov suggests.

The market of crypto-currencies has not been controlled by Russian legislation yet, and this must be corrected after the construction of the city, he said.


Author: Anna Dorozhkina


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