​State Duma deputy stated Russia has prospects of leading the mining industry

Apr 27, 2022

​State Duma deputy stated Russia has prospects of leading the mining industry

According to Andrei Lugovoy, climatic conditions and the low cost of electricity may be contributing to this

​The share of green energy in bitcoin mining exceeded 58%

Apr 27, 2022

​The share of green energy in bitcoin mining exceeded 58%

The data is provided in a report by the Bitcoin Mining Council, founded by MicroStrategy head Michael Saylor

​Miner from the Irkutsk region owed 28,6 million RUB for electricity

Apr 26, 2022

​Miner from the Irkutsk region owed 28,6 million RUB for electricity

The court ruled to recover this amount as a result of the recalculation of the used electricity at a commercial tariff

​US mining company Compass Mining to leave Russia

Apr 25, 2022

​US mining company Compass Mining to leave Russia

The reason is the sanctions imposed by the US Treasury Department against BitRiver, a mining company that also operates within the Russian Federation

​SkyBridge Capital has applied to launch a mining investment fund

Apr 25, 2022

​SkyBridge Capital has applied to launch a mining investment fund

The media report that the fund has already raised around $7 million

​US congressmen urged to check the legality of mining

Apr 24, 2022

​US congressmen urged to check the legality of mining

According to them, mining farms can violate environmental laws because of their greenhouse gas emissions

​Russian authorities will create a system solution for cryptocurrency mining

Apr 22, 2022

​Russian authorities will create a system solution for cryptocurrency mining

Bank of Russia Governor has said that if it is adopted, an experimental regulatory regime and limits will not be needed

​US Treasury Department imposed sanctions on the Russian mining company BitRiver

Apr 21, 2022

​US Treasury Department imposed sanctions on the Russian mining company BitRiver

The agency believes that this will prevent the use of mining to monetize natural resources

​IMF called the method of circumventing sanctions using mining

Apr 20, 2022

​IMF called the method of circumventing sanctions using mining

According to experts, governments will be able to generate income from the use of energy resources

​Police officer in Russia tried to steal mining equipment

Apr 19, 2022

​Police officer in Russia tried to steal mining equipment

According to the investigation, the accused took advantage of operational information about the location of the crypto farm

​Iran tightened penalties for illegal mining of cryptocurrencies

Apr 18, 2022

​Iran tightened penalties for illegal mining of cryptocurrencies

The Ministry of Energy has announced the introduction of increased fines and imprisonment for violations

​Russia’s Ministry of Finance allowed the possibility of cryptocurrency recognition as a means of payment

Apr 18, 2022

​Russia’s Ministry of Finance allowed the possibility of cryptocurrency recognition as a means of payment

Such a provision is contained in the new version of the draft law finalized by the department