ViaBTC Signs Partnership Deal with BitRiver

ViaBTC, the fifth-largest Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term mining pool in the world announced that it has formed a strategic partnership with BitRiver to provide special terms to the users of BitRiver’s Data Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term facilities.

According to the official press release shared with Finance Magnates, ViaBTC announced the installation of a new server in its pool located at the datacenter of BitRiver in the city of Bratsk. The company also mentioned that the installation will be completed before the start of 2021.

As per special terms offered by ViaBTC, crypto miners with devices hosted at different data center facilities of BitRiver can now accumulate more profits using ViaBTC’s mining pool. Both companies expect the upcoming server to be more reliable for the users and an important source of connectivity between their mining devices at BitRiver’s data center and the pool.

Commenting on the partnership, Haipo Yang, CEO, and Founder at ViaBTC said: “Russia and CIS countries are an important part of our global expansion, and BitRiver is our preferred datacenter for those who host their devices in that region. With this partnership, we look forward to growing our strategic cooperation with BitRiver to better serve our customers and reach more customers globally.”

Strategic Partnership

Finance Magnates exclusively reached out to Igor Runet, CEO at BitRiver, to get his comments about the collaboration. “This is a strategic partnership. For us and for ViaBTC, the collaboration is an opportunity to increase our presence in the market, to offer our services to a partner client base. It is also an opportunity for us to provide our customers with more alternatives and improve the service, the attractiveness of our data center. We don't exclude joint marketing campaigns and the improvement of conditions for our clients in the future. We'll look forward to the results,” Runet said.

BitRiver recently partnered with the largest independent hydropower generator in the world, En+ Group to jointly set up a bitcoin mining facility in Bratsk.