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BTCC / BTCC Square / Global Cryptocurrency /
Russian Crypto Mining Giants BitRiver and Intelion Report $200M Combined Revenue in FY2024

Russian Crypto Mining Giants BitRiver and Intelion Report $200M Combined Revenue in FY2024

Author:
Global Cryptocurrency
Published:
2025-05-22 23:32:01
10
1

Russia’s crypto mining sector shows robust growth as industry leaders BitRiver and Intelion collectively generated $200 million in revenue during fiscal year 2024. The two firms now command over 50% of the national market, according to data from Russian media outlet RBC.

Intelion demonstrated particularly strong performance, increasing revenues by approximately $50,000 (RUB 3,948 million) compared to 2023 figures. The analysis draws from public disclosures by Russia’s top 10 cryptocurrency mining operations, though a significant portion of the country’s mining activity remains undocumented.

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