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Russian Governor Invites Cryptocurrency Miners to Set Up Mining Farms in Leningrad

•, Kevin Helms

Miners Invited to Relocate to Leningrad Region

The governor of the Russian Leningrad region, Alexander Drozdenko, is inviting cryptocurrency miners to set up mining farms in the region, according to local publications. At the third annual forum for the region's small and medium-sized businesses (SMEs) called "Energy of Opportunities" which took place last week, he proposed that the first Leningrad Nuclear Power Plant (LNPP) could be used to set up cryptocurrency mining farms. The event was attended by 600 entrepreneurs and federal agency representatives.

The Leningrad region is bordered by Finland in the northwest and Estonia and St. Petersburg in the west. The region's first LNPP, which was commissioned in 1974, is located in the town of Sosnovy Bor. Currently, the second nuclear power plant (LNPP-2) is being developed next to it.

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