Russia’s Biggest Bank is Buying 5000 Blockchain ATMs That Can Mine Crypto
Russia’s largest bank, Sberbank, has called for tenders to provide 4,917 ATMs with a built-in graphic card capable of supporting “blockchain operations”. One of the technical requirements for these ATMs is that they should come equipped with a graphic card:
Bitcoin (BTC) ATMs are not a novelty, however, regular bank ATMs with blockchain technology are unusual.
The big question is: why does a bank ATM need a graphic card that is capable of handling some blockchain operations? Alexander Chepurnoy, co-founder of Ergo blockchain platform, also had hard time coming up with use cases for the blockchain capable graphic card outside of mining:
He said the card could not be effectively used to mine Bitcoin, but it could tackle altcoin mining, for example Ergo (EFYT), Grin (GRIN) or Ravencoin (RVN).