Bitcoin $ 130k ath is possible this summer star-news.press/wp

Tim Alper

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Tim Alper

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Tim Alper is a British journalist and a work feature writer in Cryptonews.com since 2018. He has written for media outlets such as BBC, Guardian, and Chosun Ilbo. He also worked …

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June 24, 2025

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Crypto Mining Russian executive company has claimed that Bitcoin (BTC) can rise to the mark of $ 130,000 in the second half of the summer of 2025.

The claims came from Vasily girla, owner and CEO of the Gis Mining, Russian, Russian Prime The news agency reported. Jiria said:

“The encryption industry is still attractive to players on the market. In a moderate positive scenario, the price of bitcoin in the second half of the summer can reach its highest level ever at $ 115,000. It may target 130 thousand dollars.”

Bitcoin: 130 thousand dollars by the end of the summer?

At the time of writing this report, bitcoin prices were declining about a sign of $ 105,000 after a short invasion to $ 111,000 in mid -May.

GIS Mining is one of the 10 best workers from industrial miners in Russia, and mainly specializes in mobile units and mining hotel facilities. According to modern figures, the company’s mining capacity for the fiscal year was 2024 53 megawatts.

The 10 largest mining companies in the country recorded a total of $ 200 million in the 2014 fiscal year. More than half of these revenues came from the country’s largest miners: Bitriver and Intelion.

Jeria explained that the Russian mining sector has been appointed to another growth explosion this year. He said that this sector was suffering from “records” demand for new coding database centers with a capacity of up to 100 megawatts.

The head of mining added that the demand for equipment capable of “densely powerful energy” was also rising.

In the first half of 2025, the informed say, the demand for coding devices exceeded the supply.

They claim that since Moscow clarified and began organizing encryption mining in 2024, more investors entered the market.

This year’s Roble’s rise in the dollar also made investments in coding mining more vigor for many.

The sand box “leads Russian mining investments”

Jiria added that over the next two or three years, more coins will be used in the Russian judicial state in the national economy.

He referred to the “Experimental Legal System (ELR) managed by the Central Bank” as a guide. ELR is an encryption sand box that includes exchange companies, border trade companies, and Bitcoin workers.

The bank uses ELR as a way to overcome US sanctions, the European Union and the United Kingdom on Russia. The sanctions have effectively collected Russian companies and banks from trade from the dollar.

Central Bank officials want to sell encryption miners metal currencies for exchange inside the sand box. These exchanges can then use their metal currencies to facilitate the cross -border trading in BTC or other symbols.

Jiria ELR was described as “a strong step towards institutionalization of the encryption market and digital currencies.”

He said he would help “increase the flow of investments in this new category of assets.”

More bitcoin miners working with coal heading to Siberia?

Meanwhile, the authorities in the Kuznetsk basin, a major coal photography area in southwest Siberia, suggested a solution under the title Bitcoin Mining to the problem of declining coal.

News port Tsargrag Kamarovo Oblast branch She stated that the region’s government is considering a proposal to build encryption farms and greenhouse complexes near coal mines.

The governor of the region, Elijah Seridk, said that coal can be used in the region to generate the energy needed to extract bitcoin and other encryption. “

Seridk said that the tests are now on as miners make economic accounts to determine the profitability of the plan. He said the results will be published within about a month.

The ruler said that the BTC mining plan can help in reversing the recent decline in coal mining. He also suggested that the heat launched by burning coal can be used to heat the agricultural houses that include tropical plants – in one of the most cold regions in the world. to think:

“Why don’t you create a large vegetable garden and develop plants that require warmth?”

Earlier this month, a Russian Energy Company announced the launch of the first joint investment fund focusing on Bitcoin (CEF).