Documentary by RT, an international media outlet financed by the Russian government, talks to Russian miners, who say that in the face of the country's economic crisis, they mine to obtain extra income.

This year we have witnessed, during the first and second quarter of the year, a great interest in the mining of cryptocurrencies through a graphics card, which has caused a shortage of AMD graphics around the world, which has rebounded in NVIDIA, although without so many stock problems like AMD's. The stock problems have been international, but in Russia it has been noted especially by the low Russian wages, in addition, that in the country the ROI drops a lot due to the cost of electricity. RT, an international news outlet financed by the Russian government, has interviewed miners to have more information about the Bitcoin industry and the mining of Ethereum or Zcash, among other currencies.

RT has spoken with Siberian miner Ilya, who has highlighted the growing interest among the people and the popularity of Bitcoin mining, which is permeating all demographic substrates of Russian society. Ilya comments that 'pensioners go to their grandchildren and give them mining artifacts as gifts. They compete with their grandchildren to see who wins the most Bitcoin! Essentially, pensioners get their grandchildren hooked on mining! '

The Russian media spoke with Dmitry, a boy of only fifteen who has started to mine Bitcoin. Dmitry comments that 'mining technologies are very promising.' Despite the growth in the sector, the student admits that he has encountered skepticism regarding his activities, even from his parents. Although I have clearly described the mining process and mining opportunities to you, you are suspicious about it! That's why I have to do this alone. '

Recently spoken at the 'Digital Economy: Generation Z' contest in Moscow, Yaroslay, a 16-year-old boy, claimed to have made gains on paper of more than 12.000% this year thanks to investments in cryptocurrencies. Yaroslav assured that he invested 1.000 rubles, about $ 17 in February and after seven months he has 127.000 rubles, about $ 2200.

Many people in Russia are betting on the mining of Bitcoin due to the economic difficulties they suffer. Domashko, a miner based in Siberia, began mining to obtain capital to survive, commenting that "the terrible crisis did not let me live" and also added that "even drug and arms trafficking does not benefit as much as mining." Domashko believes that Bitcoin is ready for widespread adoption, ensuring that it 'will take the place comparable to the massive capitalization of the dollar and the euro ... if it was not worth it, Russian President Vladimir Putin would talk about it, the laws would not they would be adopted at the state level by countries like Japan and Russia. '

From the Ministry of Finance of Russia, it was recently announced, the development of a bill for the legalization and regulation of cryptocurrencies. Anton Siluano, Minister of Finance, said that 'it makes no sense to ban, it is necessary to regulate them', making it clear that Russia will not ban cryptocurrencies. Russia has also advanced in plans to promote mining, inviting Bitcoin miners to develop a cryptocurrency mining industry park in the Leningrad region. This announcement came weeks after the Institute for Internet Development and the Russian Blockchain and Cryptocurrency Association, where development plans for a project aimed at subsidizing electricity from large-scale miners were unveiled.

Source: BTC News