Market News | Sanctions got to the bottom of mining. The BitRiver group got into the US SDN list - Kommersant

BitRiver, the largest data center operator for mining in Eurasia, and ten related ones fell under US sanctionsstructures.The reason could be the potential possibility of export payments through cryptocurrency, Kommersant sources say. This threatens the company with the freezing of assets and relations with partners, difficulties with the sale of coins and the supply of equipment, as well as the delisting of the token, experts warn. However, some of them specify, foreign investors may try to find face values, and BitRiver - to restructure the business model.

Now all BitRiver assets in banks and on crypto exchanges (including BTR BitRiver tokens for watt-hours of power issued by BitRiver AG) will be frozen

Also, serious problems can arise with the equipment.

Sanctions get to the bottom of mining - Business - Kommersant (kommersant.ru)