📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
The scale of cryptocurrency assets in Russia has surpassed 2 trillion rubles, with institutional investors significantly expanding Bitcoin mining farms.
[Chain News] PANews, June 24 - Vasily Girya, CEO of GIS Mining, a mining data center operator, stated at the St. Petersburg International Economic Forum (SPIEF-2025) that according to their statistical data, by the first half of 2025, the total value of cryptocurrency assets held by Russian citizens and institutions is expected to exceed 2 trillion rubles (approximately 25.4 billion USD). The data shows that, driven by energy advantages and policies, institutional investors in the country are continuously expanding the scale of Bitcoin mining farm orders, and industrial-scale mining facilities are accelerating expansion.
Analysts point out that this growth reflects Russia's view of crypto assets as a strategic investment category, strengthening its global Mining position through low-cost electricity. Despite the fluctuations in the international regulatory environment, institutions in the country remain optimistic about the long-term return potential of digital assets, and major financial groups are systematically increasing their allocation to crypto assets.