Russian power firm launches Bitcoin mining mutual investment fund

The Crypto Factory, created by Power Systems and Finam, is Russia’s first closed-end mutual investment fund focused on Bitcoin mining.

A minimum investment of 5 million rubles (63,719 USD) is required, with an expected 49% annual return and quarterly payments of 10% to investors.

Investors will have access to analytics and CCTV feeds of the mining operations, which aim to break even if Bitcoin prices remain above 35,000 USD.

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