Cryptocurrencies and processing power in Russia: a new strategic territory in eastern Siberia?
Cryptomonnaies et puissance de calcul : la Sibérie orientale, nouveau territoire stratégique pour la Russie ?
Abstract
This paper analyses the emerging Russian cryptocurrency mining industry, with a particular focus on eastern Siberia. This major strategic industry provides the region with a growing calculation power and fosters potential innovations–in encryption especially. In fact, the crypto-mining industry has noticeably coalesced in eastern Siberia because the region offers a series of geographic, climatic, economic and technical advantages–the magnitude of which is hard to match anywhere else in the world.This article focuses on the oblast of Irkutsk and shows how crypto-mining has come to encompass both economic and political powers and to involve a number of Russian actors and infrastructures. Ultimately, the local dynamics in eastern Siberia teach us a lot about the fate of the industry nationally.
Domains
Geography
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Origin : Publication funded by an institution
licence : CC BY NC ND - Attribution - NonCommercial - NoDerivatives
licence : CC BY NC ND - Attribution - NonCommercial - NoDerivatives