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The largest mining companies in Russia Bitriver and Intelion obtain income of $ 200 million during the year 2024

Data has shown that 9 of the 10 largest mining Russian cryptography companies recorded positive growth in income last year.

A piece with a bitcoin symbol and in the background the Russian presidential palace of the Kremlin

The mining sector of Crapto in Russia is witness to continuous growth. The two largest companies in the country – Pitrower and Intelion – made income of $ 200 million during the 2024 fiscal year, according to data collected and published by the Russian RBC Media Group. Data has shown that Bitriver and Intelion have acquired more than 50% of market activity alone, because Intelion has reached a remarkable growth rate, an increase of 3,948 million rubles ($ 50,000) compared to income from 2023.

Bitriver and Intelion continued their domination in the Russian mining market

The above -mentioned media establishment was based on the latest public statements published by the ten largest cryptographic mining companies in Russia to collect their data, which means that the illegal crêpe mining sector does not calculate.

Intelion Crylion Mining Data Center. (Source: a screenshot of video on Intelion data systems on YouTube)

However, the data also revealed the amount of energy consumed by Creapo’s main mining projects in the country, the locations of databases belonging to companies, in addition to the types of energy sources used to exploit them.

The data show that Bitriver’s income for 2024 amounted to 10.286 billion Russian rubles (more than $ 129 million), and that it used 533 MW of electrical energy to operate 15 data centers, knowing that it operates more than 175,000 krebtu of platform extractions, and provides accommodation and support for other companies (B2B). On the other hand, the company continues to operate data centers in the Irkutsk region), which is the first Bitcoin Mining group (BTC) in the country. On the other hand, the mining has caused mining in recent months with high pressure on the electricity network in this region of Siberia.

In addition, Bitriver also operates Krasnoyarsk, Orenburg, Tuva, Buryatia, two provinces of Khanty -Mansiiysk, Yamalo Ninites (Yamalo -Nets).

The data also shows that Bitriver is looking for alternative solutions to traditional energy networks. More than 30 MW of its energy sources now come from the gas associated with oil extracted from the drilling sites of oil wells equipped with generators of violence.

Nuclear energy

On the other hand, Intelion achieved a total turnover of 6.218 billion Russian rubles ($ 78 million) during the year 2024, using 298 MW of energy.

Russian nuclear installation surrounded by plants based on plants and land
Calinin nuclear energy station. (Source: A. Savin [CC BY-SA 3.0]))

Intelion has several centers outside the traditional areas of Bitcoin extraction in Tula, Nizhny Novgorod, Kemerovo, Samara and Murmansk in addition to the Khakassia Republic.

In addition, Intelion Partnership with companies equipped with nuclear energy such as Rosennergatom, and had a center near the Kalin nuclear energy station in the city of television, and the company has expanded gas generation operations, and is now working to provide church extraction devices for industrial institutions which have an unexplained energy.

In this context, the same RBC media group has prepared a list of the 10 best mining Russian-industrial cryptography companies in terms of income. Nine of these listed companies in the list – which were published by Intelion – experienced income growth during the year 2024.

Small businesses also reach rapid growth rates

Many small businesses have also increased in their income in the previous year, notably a prominent, which ended in third place with income of 4.761 billion rubles ($ 59.8 million) and an electrical capacity of 90 MW.

Unlike the two large companies – Bitriver and Intelion-Promine specialize in mobile data centers, which can be published throughout the country if necessary, and the RBC Media Group indicated the interest of banks and rental companies in the financing of the activities of this company. Earlier this year, Promin has announced the operation of a new data center in Voronezh.

The list of small businesses also included both the location (80 Mb), r7miner (33 MW), Stella (120 MW), a mining group (70 MW), Cryptororcor (75 MW), SIG Mining (53 MW), BitCluster (80 megat).

Crypto Mining Facility in Russia
Russian mobile unit for the exploitation of digital currencies. (Source: Mining Sig)

In addition, the latter BitCluster revealed that it developed chipto mining facilities in Ethiopia and Paraguay. The director of the Industrial Mining Association, Sergey Bezdedelov, said that Russia was now classified second in the world in terms of chipto mining size, and the first in terms of growth rate. “”

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The position of the largest mining companies in Russia Bitrower and Intelion obtain income of $ 200 million during the year 2024 Apppet First on Arab Cryptonews.

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