Genesis Engineering, a Hong Kong-based company, plans to launch a large-scale mining project in the Amur Region, part of the Far Eastern Federal District of the Russian Federation. Previously, the Ministry of Regional Development of the Russian Federation reported that the Genesis Engineering company in Hong Kong during the meeting with the KRRD voiced plans to invest in blocking technology, including the creation of a crypto-currency mining farm on Russky Island in Vladivostok, RIA Novosti reported.
The Development Corporation of the Far East suggested that Genesis Engineering invest in the block and engage in other related projects, as large power generation facilities are located on the territory of the region and the TOP regime operates.
After Genesis Engineering provided all the necessary design documents, it became clear that the energy system of the Russian Island could meet the company's requests, as now all three mini-CHPs located on the island are loaded with only 12 percent. In addition, the power system of the island is not cut off from the mainland, so in emergency cases, the power plants located in neighboring areas may join the work.
In Genesis Engineering it was estimated that 1 thousand square meters of equipped premises consumes 1 megawatt of electricity, and the total electricity demand is about 300 megawatts. Now the projects are at the stage of agreement, after all, when implementing them, many nuances that are not connected with the energy system of the region should be envisaged.
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