Is this the beginning of a trend in trying to nationalize bitcoin mining? Who will follow soon? America, China? Will we see almost all countries nationalizing mining for cryptocoins to have their stake in the cryptospace?
In the case of Russia, I reckon the beneficiary of all that hashpower will not only be bitcoin but also bitcoincash.
"Russia has the potential to reach up to 30 percent share in global cryptocurrency mining in the future," he was quoted as saying.
If the offering does raise the target amount, it would represent one of an increasingly growing number of big-ticket ICOs that have occurred in recent months. According to data from CoinDesk's ICO Tracker, more than $1.6 billion has been raised through the ICO model to date.Read in full here https://www.coindesk.com/100-million-putin-advisor-targets-big-raise-bitcoin-mining-ico/
