DoubleLineCapital Founder: Bitcoin is a supporting asset, but not gold.

According to Cointelegraph, Igor Runets, founder of Russian cryptocurrency firm BitRiver, said the company is actively expanding its production capacity to meet the needs of U.S. and European investors. Typically, BitRiver archives are low on capacity and will retain full strength for the next 18 months. During this time, the company will integrate the use of mining equipment, with a total mining power of around 1 kWh. Demand is increasing in the United States and Europe, and investors will move to industries in China, Africa and Latin America in search of lower energy prices. However, the main reason for the increase in demand is that the price of cryptocurrencies continues to rise and reach new highs.