Leasing of mining equipment is gaining popularity in Russia

10/19 09:25

Experts interviewed by Kommersant newspaper reported that the demand for financial leasing of mining equipment is growing in Russia's crypto market. BitCluster, Intelion Data Systems and Chilkoot reported on the implementation of such projects. Chilkoot estimates that the total market volume will be about 1 billion rubles ($16,5 million) this year, and tens of billions of rubles next year. It is also reported that at the moment major leasing companies are not going into this business because of the legal uncertainty around it. General Director of VTB Leasing Sergey Klyushnikov says that "mining equipment is a risky subject for financing". Its cost may change drastically depending on the situation on the crypto market and the financial result of users of this equipment is unpredictable, the top manager explains. Kommersant's interlocutors also have doubts about the liquidity of mining equipment in the secondary market.
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