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CATEGORY: power capacity

Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
May 08, 2023 01:20

Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say

Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe. Under such a scenario, Russia has what it takes to occupy up to 18% of the global bitcoin hashrate, they claim. Russia May Attract Half

The post Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say appeared first on BTC Ethereum Crypto Currency Blog.

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Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 02, 2023 02:10

Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed

Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the respective legislation once again. Russian Crypto Miners Produce Coins for up to 60 Billion Rubles in 2022 Miners operating in [...]

The post Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed appeared first on Crypto Breaking News.

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