BitRiver and Intelion Achieve $200 Million in Revenue, Cementing Their Position as Leaders in Russia’s Crypto Mining Sector

Crypto mining giants BitRiver and Intelion have announced combined revenue of $200 million for fiscal year 2024. This landmark achievement highlights the growing scale of crypto mining within Russia, strengthening their dominance within the sector. The event raises questions about energy consumption and infrastructure strain as Bitcoin continues to be a dominant focus for these companies.