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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Massive 70 MW Bitcoin Mining Rig Shipped to Russia

Massive 70 MW-Rig Shipped to Russia Could Power Three Months of Crypto Mining Operations to Entire Country

Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country.

Delivery Took Place at the End of 2020

According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power capacity of 70 megawatts. The media outlet’s estimations show that the hardware shipped from Asia is worth approx. between $40 million and $60 million.

The Bitriver-powered data center is located in Irkutsk, the largest city of Irkutsk, in the Siberian Federal District, with over 600,000 residents.

Citing Igor Runets, CEO and founder of Bitriver data center, says that the delivery took place at the end of 2020, specifically in December. Right after the shipping, the data center’s staff installed the rigs to mine bitcoin (BTC).

Hardware From Four Major Manufacturer Brands

Runets also added that they deployed a separate hangar in Bratsk, in the same region, which will act as a tier-III level data center to provide “very high safety” to the rest of the batch. The ASIC-based equipment brands acquired include Bitmain, Whatsminer, Innosilicon, and Avalon, said the Bitriver data center’s CEO.

Artyom Eremin, the head of Chilkoot — one of the official distributors of crypto mining equipment in Russia — said the costs of the recent Bitriver’s acquisition could reach $50 million. However, he estimated using last year’s price before the surge of bitcoin’s quote across markets.

What do you think about this crypto mining move in Russia? Let us know in the comments section below.

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