Gazprom Creates Subsidiary for Crypto Mining, Garnering Strong Investor Support

Energy giant Gazprom has announced the creation of a new subsidiary dedicated to crypto mining. This strategic move has garnered strong support from investors, reflecting the growing interest in cryptocurrencies within the energy sector.

The new company will utilize Gazprom’s excess energy capacity to mine cryptocurrencies, allowing for efficient monetization of resources and diversification of revenue streams. This project may also contribute to the development of blockchain technologies and the digital economy in Russia.

Analysts note that Gazprom’s entry into the crypto mining sphere could significantly impact the industry, given the company’s scale and resources. It also aligns with Russia’s ambition to reduce dependency on traditional currencies and strengthen its position in the global digital finance market.