Gazpromneft Partners With BitRiver To Mine Bitcoin

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  • Rus­si­a’s third-largest oil pro­duc­er, Gazprom­neft, is enter­ing the bit­coin min­ing space.
  • Gazprom­neft will be part­ner­ing with Swiss-based bit­coin min­ing firm BitRiv­er to deliv­er ener­gy resources to new and remote oil field locations.
  • BitRiv­er was pre­vi­ous­ly sanc­tioned by the U.S. for report­ed­ly assist­ing Russ­ian avoid­ance of sanctions.

The third largest oil pro­duc­er in Rus­sia, Gazprom­neft, is part­ner­ing with Swiss-based bit­coin min­ing firm BitRiv­er to build out min­ing oper­a­tions locat­ed at oil fields accord­ing to a mem­o­ran­dum from the St. Peters­burg Inter­na­tion­al Eco­nom­ic Forum.

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