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STORE ASIC MINERS - the best shop for mining! - Another Chinese company picks up a region in Russia to open a mining enterprise.

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Representatives of the management of one of the largest Chinese holdings Innosillicon, engaged in the development of computer equipment for digital currency mining, at a meeting with the Russian Council on the expert evaluation of the digital economy, discussed the possibility of creating a large mining farm in Russia.

Innosillicon CEO Yang Liu plans to visit a number of Russian regions to get acquainted with facilities suitable for setting up large enterprises for the development of digital currency.

For selected regions this will create the prospect of attracting significant investments and the possibility of creating additional jobs. It will also provide an opportunity to receive additional income from the sale of electricity in large quantities.

In the opinion of Deputy Chairman of the Committee for Economic Policy Dmitry Sazonov, initially it is necessary at the legislative level to settle questions on the activity of the crypto-currency market, including the mining of virtual currencies, and establish a taxation mechanism.

The issue of cooperation in the field of mining of the crypto currency, as well as legislative developments, is planned to be considered in the near future at the meeting of the Expert Council with further proposals for this business.

According to Sazonov, it is possible that in one of the regions a special economic zone will be created, under this local project.

It is planned that the heads of Innosillicon will attend the meeting of the Expert Council and take part in the discussion of these issues.

A month earlier, representatives of the Chinese company Maye received a similar proposal to open a mining farm in the Pavlodar region of Kazakhstan.

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