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Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed
2.6.2023
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...
Crypto Exchange Bybit Granted In-principle Approval to Operate in Kazakhstan
31.5.2023
Cryptocurrency exchange Bybit has received an in-principle approval to work in Kazakhstan, a jurisdiction increasingly seen by crypto companies as a gateway to the former-Soviet space. The trading platform wants to expand its presence in the region and other emerging markets. Bybit on Route...
Russia becomes second-largest Bitcoin mining hub after US, claims local miner
24.4.2023
Russia becomes the second-largest country in cryptocurrency mining, while the United States retains the top spot; however, unclear regulations in the US could shift the market
Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group
22.2.2023
Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power...
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
14.1.2023
Local stakeholders believe that a crypto mining moratorium might actually mean the beginning of a new dialogue between the government and the industry
Armenia aims to position itself as a Bitcoin mining hub
2.9.2022
The post-Soviet republic took a friendly stance on crypto, but heavily relies on foreign energy
China returns as 2nd top Bitcoin mining hub despite the crypto ban
17.5.2022
China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year
US Becomes Largest Bitcoin Mining Hub After China's Miner Exodus
13.10.2021
Following China’s crackdown on Bitcoin (BTC) mining earlier this year, the US has officially become the largest Bitcoin mining hub, followed by Kazakhstan and Russia, researchers at Cambridge University have found. ...
Read More: US Becomes Largest Bitcoin Mining Hub After China's Miner Exodus
Russian Oligarch Turns Soviet Plant Into a Major Bitcoin Mining Hub
24.11.2019
Bitriver hosts mining machines in the former world’s largest aluminum smelter