Russian Ministry wants to legalize Bitcoin mining in specific areas
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits.
Auto Added by WPeMatico
Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says
University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian…
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal…
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed…
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency
Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from…
Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining
The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the…
Kazakhstan Extends Power Cuts for Cryptocurrency Miners
Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as…
Report crowns Solana for using least energy per transaction, but there’s a catch
Despite Solana’s low power consumption per transaction, the PoS network still uses much energy overall compared to other PoS protocols.
Crypto miner in Texas shuts down 99% of operations as winter storm approaches
"We are taking proactive measures to shut down operations, shed load and create additional capacity in response to ERCOT's needs should it be necessary,” said the Texas Blockchain Council on…
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region.…
- Go to the previous page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- …
- 12
- Go to the next page