A crater with a diameter of up to 60 meter, the phenomenon was soon branded the Black Hole of Yamal. The Yamal Peninsula covers a more than 700 km long area between the Gulf of Ob and the Kara Sea and is among Russia’s least populated regions. The first Yamal sinkhole made headlines all over the world. Over about a year it gradually filled up with water and now looks no different from any of the other 50,000 lakes on the peninsula. The depth of the new hole was determined to be 164 feet. Helicopter pilots have discovered mysterious giant crater in the Yamal Peninsula, Russia, close to the largest Yamal gas reserve. Four arctic craters: B1 – famous Yamal hole in 30 kilometres from Bovanenkovo, B2 – recently detected crater in 10 kilometres to the south from Bovanenkovo, B3 – crater located in 90 kilometres from Antipayuta village, B4 – crater located near Nosok village, on the north of Krasnoyarsk region, near Taimyr Peninsula. However, since then 17 such sinkholes have appeared. But how did this amazing sinkhole form? Three mysterious giant craters that appeared suddenly in northern Siberia could actually be a previously unseen type of sinkhole, experts have said. What is this mysterious crater discovered by helicopter pilots on Yamal Peninsula on july 10 2014. A new sinkhole, the 17th and largest to form since the phenomenon was first observed in 2014, opened up last week in the Yamal Peninsula. It is inhabited mostly by the indigenous reindeer herding Nenets people and a gradually increasing number of oilmen. Scientists believe that the hole was created following the release of gas methane and subsequent collaps of permafrost. In 2014, massive holes began appearing in parts of Siberia. A different hole was also spotted in the Yamal peninsula in northwest Russia and was linked to melting permafrost causing methane to build up under the surface and a subsequent explosion. The crater is in an area called Yamal, which translates as "end of the world." 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