Mining

Jun 2, 2022

Large miners started selling bitcoins to cover mining expenses

The companies’ flow to crypto exchanges has peaked since January 2022

May 29, 2022

Miners’ share of Russia’s power consumption structure exceeded 2%

Deputy Industry and Trade Minister Vasiliy Shpak believes that cryptocurrency mining in the country needs to be “whitewashed” and regulated

May 26, 2022

Bitcoin mining difficulty dropped by 4,33%

This is the maximum drop in the indicator since July 2021

May 25, 2022

Kazakh authorities approved differentiated tax rates for miners

Amendments to the Tax Code provide for different fees depending on the source and cost of energy consumed

May 17, 2022

China returned to second place in the global bitcoin hashrate

The country accounts for 21% of the computing capacity for BTC mining

May 12, 2022

Mining company Riot Blockchain reported record profits for the quarter

A total of 1405 bitcoins were mined in the first quarter of 2022

May 9, 2022

NiceHash mining platform fully unlocked the power of NVIDIA LHR graphics cards

The company integrates a circumvention system into its mining software

May 7, 2022

SEC fined NVIDIA for hiding the role of mining in the revenue structure

The company will pay a recovery of $5,5 million as part of the claims settlement

May 6, 2022

RG: Russia’s FAS proposed to include miners in a separate tariff category

The expert community called for calculating the consumption rate for household needs and setting a higher cost if it is exceeded

May 5, 2022

Uzbekistan legalized mining for legal entities

Miners do not need to obtain a special license to operate but they must be registered with the National Advanced Projects Agency

May 4, 2022

Kazakhstan set new requirements for miners

Detailed data must be provided to the Ministry of Digital Development before cryptocurrency mining can begin

May 3, 2022

Ethereum beat bitcoin by $170 million in mining yields in April

Bitcoin’s profits amounted to $1,16 billion and Ethereum’s, to $1,33 billion

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