Business programme

Mining Growth in Russia’s Digital Economy

16 Jun , 17:00–18:15
Modern Technology for Humanity: Building a Responsible Future
Congress Centre, conference hall E11
In partnership with BitRiver

Russia’s competitive mining advantage stems from the country’s surplus of electricity and its trained workforce. Available generating capacity with a high share of HPP and NPP generation in the energy balance, an abundance of low-carbon generation, space for the development of the domestic power grid and, as a result, inexpensive, predominantly green electric power all work together to create highly favorable conditions for investment projects in cryptocurrency mining and other types of energy-intensive blockchain computations. In fact, energy advantages of this kind are already attracting domestic and foreign investment in projects to build super-modern data centres for mining, and through them to related segments of the Russian digital economy: software and hardware development for new digital financial platforms, the creation of programmes for exchanging and circulating digital currencies, personnel and software training to meet security and data protection requirements, customer identification, and transaction control. What other ways are there to drive investment in these sectors? What do we need to do occupy a leading position in the global digital economy in spite of external constraints?

Ekaterina Litova, Head of Finance Department, Vedomosti

Alexander Brazhnikov, Executive Director, Russian Association of the Crypto Industry and Blockworkers (RACIB)
Oleg Evtushenko, Executive Director, Russian Technologies State Corporation
Andrey Lugovoi, First Deputy Chairman of the Committee of the State Duma of the Federal Assembly of the Russian Federation on Security and Anti-Corruption
Igor Runets, Founder, General Director, BitRiver
Pavel Snikkars, Deputy Minister of Energy of the Russian Federation
Denis Terekhov, General Director, Social Networks Agency
Anton Tkachev, Member of the Committee of the State Duma of the Federal Assembly of the Russian Federation on Informational Policy, Information Technology, and Communications
Aleksandr Shoitov, Deputy Minister of Digital Development, Communications and Mass Media of the Russian Federation

Front row participants
Alexey Nazarov, Vice President - Director of Non-Banking Services Development, Promsvyazbank; Director General, PSB Innovations and Investments
Valery Seleznev, First Deputy Chairman of the Committee on Energy of the State Duma of the Federal Assembly of the Russian Federation