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Nalezeno "Russia crypto mining": 19

Russia’s Cryptocurrency Mining Bill Faces Delays


The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow the sale of mined digital currency. Currently, cryptocurrency cannot be used for settlements...

Russia: Illegal Crypto Miner ‘Stole $225,000 From Grid’


An illegal crypto miner in Russia caused “considerable damage” to a local grid and stole around $225,000 worth of electricity, a power provider has claimed. Per the Russian legal publication Pravo, the miner allegedly siphoned off electricity from the grid in Yuzhno-Sakhalinsk, in the Sakhalin...

Experts: This Is Why Russia Is Becoming a ‘Crypto Mining Hotspot’


Experts have explained why Russia is reportedly becoming a crypto mining hotspot, as the nation claims its crypto mining hashrate is second only to that of the USA. Per Finam, Nikita Zuborev, a Senior Analyst at the domestic crypto platform BestChange, said:... Read More: Experts: This Is...

Russia’s Ministry of Energy Pushes to Legalize Crypto Mining


Russia’s Ministry of Energy is pushing for the legalization of industrial crypto mining, and wants lawmakers to press ahead with a much-anticipated mining-related bill. Per the Russian news agency Tass, the ministry made the comments at the weekend, during the St. Petersburg International Economic...

Russian Finance Ministry Makes Fresh Bid to Tax Crypto Miners


The Russian finance ministry has launched a fresh attempt to tax crypto miners – in a bid to surmount obstacles thrown up by the nation’s Central Bank and law enforcement agencies.... Read More: Russian Finance Ministry Makes Fresh Bid to Tax Crypto Miners

Russia’s Crypto Mining Bill ‘Has Stalled,’ Says Finance Ministry


Russia’s crypto mining legalization bill has hit a last-minute obstacle, and the draft law’s progress has now “stalled,” the nation’s Ministry of Finance conceded. Per Finmarket, the nation’s Deputy Finance Minister Alexei Moiseev told reporters on Wednesday that the long-awaited bill – which...

Russian Energy Companies Crack Down on Domestic Crypto Miners


Russian energy providers are hunting illegal crypto miners who plying their trade from home, the government has said. Per Izvestia, the Deputy Energy Minister Pavel Snikkars stated that some “home”-based miners have successfully changed the load profile of their electrical connections – allowing...

Russia on the Verge of Legalizing Crypto Mining


Russian lawmakers are inching closer to legalizing crypto mining – and could begin allowing industrial miners to operate as bona fide “entrepreneurs” as early as next month. Anatoly Aksakov, the head of the State Duma’s Committee on the Financial Markets, last month claimed that a bill would...

Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud


A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...

Massive 70 MW Bitcoin Mining Rig Shipped to Russia


Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks...

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