2022-4-1 22:30 |
While supporting crypto mining companies, the Russian lawmakers are still not sure whether they should ban individuals from mining crypto. origin »
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The government of a Russian province has lifted a two-year ban on cryptocurrency mining. The ban came into effect when mining farms brought the region to the brink of an energy crisis. The Republic of Abkhazia, a province in the Russian Federation, has rebooted its crypto mining glory.
2020-10-2 10:07 | |
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A Russian aluminum plant, whose owner has been hit by U.S. sanctions, will lease space to a cryptocurrency mining company. The post Russian Aluminum Plant Set to House Cryptocurrency Mining Farm appeared first on Bitcoin Magazine.
2019-11-1 22:09 | |
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A Russian company has decided to turn an aluminum plant into a crypto mining facility. The facility plans to take on China’s supremacy in bitcoin mining. If bitcoin manages to trade around $9,160, the Russian company estimates profits of up to $99 million per month.
2019-11-1 17:00 | |
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Coinspeaker Russian Company Strives to Mine 20% of the World’s Bitcoin SupplyRussian Mining Company will station the equipment for mining on the metalworking plant that is not used since August 2018.
2019-10-30 12:56 | |
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A massive new Bitcoin mining facility looks to be coming to Russia. The vast new data centre is being constructed by Russian Mining Company – a firm owned by the nation’s internet ombudsman.
2019-10-30 01:00 | |
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Russian Mining Company (RMC), созданная при участии российского интернет-омбудсмена Дмитрия Мариничева, разместила оборудование для майнинга криптовалют на Надвоицком алюминиевом заводе (НАЗ) в Карелии.
2019-10-30 22:01 | |
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Russian entrepreneur Dmitry Marinichev plans to turn an abandoned UC Rusal factory into a major Bitcoin mining facility
2019-10-30 21:10 | |
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Компания Russian Mining Company намерена вложить средства в майнинг-предприятие в Карелии. Локальные новостные издания отмечают, что ферма расположится на территории Надвоицкого алюминиевого завода.
2019-10-29 19:52 | |
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Bitcoin mining will breathe new life in a closed Russian aluminum plant which lost access to American customers following the introduction of U. S. sanctions in April 2018. Russian Mining Company’s (RMC) Dmitry Marichinev wants to ramp up BTC mining across Russia.
2019-10-29 18:00 | |
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Russian Mining Company (RMC), созданная при участии российского интернет-омбудсмена Дмитрия Мариничева, разместила оборудование для майнинга криптовалют на Надвоицком алюминиевом заводе (НАЗ) в Карелии.
2019-10-29 14:47 | |
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В Карелии на территории Надвоицкого алюминиевого завода (НАЗ), который был закрыт в прошлом году после введения санкций США, разместят оборудование для майнинга криптовалют. Об этом сообщила один из основателей компании Russian Mining Company (RMC) Дмитрий Мариничев.
2019-10-29 14:30 | |
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Руководство Russian Mining Company (RMC) планирует профинансировать проект по запуску майнинг-предприятия в Карелии. Как отмечают местные СМИ, ферма будет функционировать на территории Надвоицкого алюминиевого завода.
2019-10-29 10:36 | |
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Andrey Rybkin, a Russian nuclear scientist working at the All-Russian Scientific Research Institute of Experimental Physics, has been sentenced to three years in prison with a hefty fine of 200k rubles ($3,122) for illegally mining Bitcoin with the agency’s computer systems, according to reports on October 28, 2019.
2019-10-29 22:00 | |
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A nuclear lab researcher in Russia will reportedly be serving three years in a prison colony for allegedly using government equipment to illegally mine Bitcoin (BTC). Andrey Rybkin, a nuclear scientist working at the All-Russian...
2019-10-26 11:56 | |
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Third Russian nuclear scientist sentenced for role in Bitcoin mining scheme
2019-10-26 18:07 | |
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The last of three Russian scientists caught illegally mining bitcoin at a top-secret nuclear lab has been given a prison sentence.
2019-10-25 12:30 | |
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A Russian scientist has received a fine for mining Bitcoin at a top-secret nuclear facility. Denis Baykov has been ordered to pay 450,000 rubles, or about $6,900 for his involvement in the scheme.
2019-10-3 01:00 | |
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Russian customs seizes cryptocurrency mining devices at Mongolian border
2019-10-2 03:45 | |
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The engineer at a top-secret nuclear lab, along with two colleagues, had accessed the plant's supercomputer to mine bitcoin.
2019-10-1 16:05 | |
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A Russian nuclear engineer has been fined $7,000 for illegal bitcoin mining at a top-secret nuclear base. Scientists at Top-Secret Nuclear Lab Caught Mining Bitcoin According to The Moscow Times, Denis Baykov, a nuclear engineer at the Sarov nuclear base has been fined $7,000 for illegally using the plant’s supercomputers for bitcoin mining.
2019-10-1 14:00 | |
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A man named Denis Baykov has been fined 450,000 rubles ($7,000) by Russian authorities after illegally mining Bitcoin (BTC) by using electricity from an old Russian nuclear warhead facility at Sarov, a small town in western Russia.
2019-9-29 15:20 | |
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Last Week Today – Bitcoin and Cryptocurrency Weekly Digest August 10-17 Bakkt receives all regulatory approvals, set for September launch China's central bank set to launch state-backed cryptocurrency IRS sends a second letter of warning to cryptocurrency traders Litecoin network suffers dusting attack from Russian mining pool Bakkt at long last. How will it affect […]
2019-8-19 05:27 | |
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Vostok was developed by the Waves platform team and will work to secure data for GHP’s mining, production, and logistics projects.
2019-7-17 07:00 | |
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Lack of Regulatory Clarity Regarding Use of Cryptos Vladimir’s latest order looks a lot like the order he made regarding cryptocurrency regulation last year. According to the latest orders, the Russian Duma is being urged to introduce administrative penalties for crypto miners who mine virtual currencies through open blockchains, the Chairman of the State Duma […]
2019-6-12 03:27 | |
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In an interview with a Russian media outlet, Chairman of the State Duma Committee on Financial Markets, Anatomy Aksakov, revealed that Russian lawmakers might potentially introduce a penalty for mining cryptocurrency on an open blockchain, as reported by Finance Feeds on June 10, 2019.
2019-6-11 19:00 | |
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Bitcoin has traditionally been mined over open blockchains around the globe. However, according to a recent report, mining over open blockchains will lead to heavy fines being imposed on Russian miners.
2019-6-10 19:00 | |
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Russia’s parliament is considering imposing administrative responsibility for crypto mining on open blockchains, including fines for the organization and issuance of crypto
2019-6-11 14:35 | |
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The Duma (parliament) representative in Russia may finally have given some clarity on cryptocurrencies, albeit inadvertently. While announcing potential fines for miners, it stated that owning bitcoin was possible.
2019-6-10 12:00 | |
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Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms
2019-5-18 02:00 | |
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An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.
2019-4-19 23:21 | |
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Russian mineral mining giant Nornickel reportedly plans to issue palladium-backed tokens
2019-3-29 02:05 | |
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The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat.
2019-2-6 10:15 | |
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Andrey Kostin The Head Of The Russian Bank VTB Compared Crypto Mining With Counterfeiting The head of the Russian bank VTB, Andrey Kostin, has compared cryptocurrency mining activities with counterfeiting.
2019-2-5 22:01 | |
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A January 30, 2019 report announced that the Russian Ministry of Education and Science has developed a blockchain-based platform to track the production of diamonds to ensure authenticity. New Mining Operations Local media group TASS reported on January 30, 2019, that the Russian Ministry of Education and Science has developed a diamond-tracking platform for theRead MoreRead More.
2019-2-1 15:00 | |
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Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.
2019-1-29 11:08 | |
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Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U. S. -based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years.
2019-1-18 09:35 | |
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Two companies mining cryptocurrencies have topped a list of the largest consumers of electricity in Georgia. In this crypto-friendly nation, however, that’s not necessarily a sin or a disadvantage.
2018-12-31 13:00 | |
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A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future.
2018-12-30 11:00 | |
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CoinSpeaker Russian Data and Mining Centre Redstone to Start Operations in June 2019 Redstone, a new data storage and crypto mining facility that is being set up by Telecor, a Russian engineering company, will be launched in June 2019.
2018-12-14 20:42 | |
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No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Low Cost Electricity […]
2018-12-14 00:17 | |
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Exchange desk Binance wants to introduce you to the basics of cryptocurrency and blockchain with its latest offering. The company has launched its own education platform to help users get more familiar with the technology.
2018-12-12 15:06 | |
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Bitcoin Press Release: New Russian-based data and mining centre Redstone has announced that it has nearly finished its construction and will begin operations in June, 2019. December 10th 2018, Krasnokamensk, Russia – New data and mining centre, Redstone is currently under construction in the Russian city of Krasnokamensk.
2018-12-11 23:02 | |
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With bitcoin falling down, Russian miners get rid of equipment. But not only the price of cryptocurrency fell. The demand for mining equipment also declined.
2018-11-29 16:12 | |
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A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages.
2018-11-27 14:20 | |
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A report submitted by McAfee researchers on November 12, 2018, claims that a new crypto mining malware capable of mining different cryptocurrencies depending on the host’s system is on the loose. Russian Malware Attacks Global Networks Crypto-jacking malware and its attack vectors are becoming more efficient by the day.
2018-11-16 20:00 | |
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McAfee Labs is known for their protection software that has been highly popularized since consumers started using the internet. It should come as no surprise that their latest press release shows that they have discovered a new malware from cryptocurrency hackers.
2018-11-15 10:50 | |
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McAfee Labs has announced the discovery of WebCobra, a Russian coin mining malware which explores victim’s computing power. Security researcher Kapil Khade also found that a correlation between the prevalence of miner malware and changes in the price of Monero (XMR).
2018-11-15 23:00 | |
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McAfee Labs researchers have discovered new Russian malware, dubbed WebCobra, which harnesses victims’ computing power to mine Monero (XMR) and Zcash (ZEC). “Coin mining malware is difficult to detect.
2018-11-14 16:49 | |
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Russia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying three bills, introduced in March, to regulate smart contracts, digital currencies, cryptocurrency mining, and initial coin offerings (ICOs).
2018-11-9 02:00 | |
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Rosseti, the largest state-backed power grid operator in Russia, plans to support Bitcoin mining by utilizing some of its underloaded power centers. According to Russia’s state news agency TASS, Rosseti views the initiative as an opportunity to maximize unused energy…
Rosseti, Russia’s state-owned electricity giant, is reportedly evaluating Bitcoin mining to enhance energy utilization in areas with surplus capacity, local news agency TASS reported. According to the report, the power grid operator plans to establish mining infrastructure in regions with low energy demand.
Rosseti, Russia’s largest energy provider, is taking a bold step by entering the crypto mining sector, aiming to repurpose idle power capacity to boost revenue and address economic challenges. The initiative comes amid Russia’s evolving approach to cryptocurrency regulation, signalling a shift in strategy as the nation seeks to modernise its economy and leverage untapped […]
Russia has seen a sharp rise in Bitcoin mining activity as citizens and businesses turn to crypto mining for additional income streams, local media outlet Prime reported. According to the report, the demand for industrial Bitcoin mining equipment in Russia has tripled compared to the same quarter in 2023.
Russia’s crypto mining sector is booming, with demand for equipment tripling in just a year. What’s behind this rapid growth? According to a latest report from the Russian news agency PRIME, in Q4 2024, Russia saw a threefold increase in…
Russia seizes 2,718 Bitcoin worth $10M from ex-ICRF official. The ex-official was involved in what has been termed the largest bribery case in Russia. The confiscated bitcoins will be added to the state revenue.
Russia has begun liquidating a significant Bitcoin haul seized during its investigation into the Infraud hacker group, a move that could mark a turning point in how the country manages confiscated crypto assets.