Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the…
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Bitcoin drops 1.5% on US market open amid warning miners may ‘capitulate’ in months
Miners are still accumulating BTC so far, but depressed prices continuing may upend the status quo this summer, new analysis says.
Russian Crypto Miners Account for Over 2% of the Country’s Total Energy Consumption
According to Russia’s Ministry of Industry, local cryptocurrency enterprises consume more than 2% of the total electricity volume in the nation. The lawmakers are concerned that this exceeds some sectors…
Here’s how much Kazakh gov’t made off crypto mining in Q1 2022
The Kazakh budget has not received the expected amount of fees from crypto mining as the government has shut down lots of miners to “ensure energy security,” the government said.
Gov’t says crypto miners consume 2% of total electricity in Russia
Crypto mining falls under the “gray zone” in Russia, which means even though it's not banned, it doesn’t fall under the purview of law which could pose risks for those…
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to…
3 metrics contrarian crypto investors use to know when to buy Bitcoin
Bitcoin price is down, but which dips are the ones to buy? Here are three metrics savvy investors use to determine when to buy BTC.
Chamber of Representatives in Paraguay Advances Crypto Bill
Cryptocurrency regulation in Paraguay is progressing steadily, as a crypto bill introduced in December has been approved by the Chamber of Representatives in the country. The bill, which contains definitions…
Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months
It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25 trillion to today’s 29.85 trillion. It’s the largest DAA…
No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds…
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