The capacity of Russian mining farms has exceeded 500 megawatts (MW) at the end 2022, according to results from a poll among established industry players published by the business daily Kommersant. The beginning of 2023 sets them up for continued growth, on the backdrop of a crypto market recovery, but the expansion could potentially be limited by electricity tariffs and taxes for miners, executives said.

Bitriver, the leader in the group, has eight crypto mining sites with a combined rating of 300 MW. The power of the facilities run by Ural Mining Company (UMC) is 88 MW. Bitcluster owns three 60-megawatt farms, EMCD operates 50 MW of data centers in four different locations while BWCUG has one at 20 MW.