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U S court denies motion of Privatbank s ex-owners on dropping case
ukrinform.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ukrinform.net Daily Mail and Mail on Sunday newspapers.
U S court denies motion of Privatbank s ex-owners on droppi
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
U S court denies motion of Privatbank s ex-owners on droppi
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Controversial Ukrainian Oligarch Is Reportedly Mining Bitcoin in the US
One of the wealthiest oligarchs in Ukraine and a former governor in one of the country’s regions are reportedly mining bitcoin in a factory located in the U.S.
Ukrainian Businessmen Are Reportedly Running Crypto Mining Operations at US Factory
Per Radio Free Europe (known also as Radio Liberty), Igor Kolomoisky is said to be using the facilities of a factory owned by CC Metals & Alloys (CCMA) in Kentucky to mine bitcoin (BTC), allowing him to use cheap electricity prices. However, the plant shut down its ferrosilicon production operations back in July due to the coronavirus pandemic.
Kentucky-Based Plant Owned by Ukrainian Businessman Pivots to Bitcoin Mining
Last Updated: 15 December 2020
Facing dwindling business prospects, Ihor Kolomoisky, a former politician and businessman from Ukraine, appears to be turning to the crypto mining space. CC Metals & Alloys (CCMA), a Kentucky-based steel plant owned by Kolomoisky, has been mining Bitcoins for months since shutting down, per reports.
Time to Switch Up
As the report explained, the 70-year-old steel plant shut its doors in July after its core business operations stopped. Following a significant layoff, the plant hopes to get back to its feet by generating income through crypto mining activities.