2000 Koreans to join world’s biggest mining farm in Armenia (video) August 21, 2018 - 18:30 AMT PanARMENIAN.Net - A U.S. based South Korean entrepreneur, Daniel Ko will in the near future move to Armenia alongside some 2000 specialists and experts to join the world’s biggest mining farm, created by Multi Group Concern and the Swiss company Omnia Tech, Kentron TV reports. At a meeting with Ko, founder of Multi Group Concern Gagik Tsarukyan assured that he is responsible for all the contributions made by the foreign investor. The two companies have said they seek to make Armenia a financial tech hub by developing new programs based on blockchain technologies. An earlier report revealed that a mining farm in Armenia is allegedly first projected to have 50 MW capacity, potentially reaching 200 MW, which is to be supplied by the Hrazdan thermal power plant, according to a report by ECOS-M, the mining equipment distributor. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |