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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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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The Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program.
2018-11-8 16:05 | |
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Alrosa, a Russian diamond mining firm that is the largest in the world right now, has decided to join forces with De Beer in order to use its blockchain platform Tracr. The largest producer of raw diamonds in carat terms has made the partnership to use the blockchain to track diamonds. At the moment, Alrosa […]
2018-10-30 23:31 | |
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A draft bill introducing tax breaks for entrepreneurs and companies dealing with cryptocurrencies has been filed in Ukraine’s parliament, the Verkhovna Rada. The authors of the bill have called for tax exemptions for entities working in the sector until the end of 2029.
2018-10-24 03:15 | |
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Russian lawmakers have excluded such basic terms as “cryptocurrency” and “mining” from the bill on digital financial assets.
2018-10-23 10:16 | |
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Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency. ” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service.
2018-10-22 22:30 | |
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A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing legislation. Church Forced to Pay Higher Electricity Tariff An Evangelical Church in Irkutsk, Russia, which carried out illegal Bitcoin mining, has been asked to pay a one million rubles fine, equivalent to $15,000.
2018-10-16 20:50 | |
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Гигант по выпуску оборудования для майнинга Bitmain представил новое устройство Antminer DR3 для добычи цифровой валюты Decred. Вычислительная мощность нового майнера составит 7. 8 TH/s, потребляемая, в свою очередь, достигнет 1400 Ватт.
2018-9-24 19:03 | |
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На встрече в верхах в Грузии в Тбилиси World Digital Mining Summit крупный китайский производитель оборудования для майнинга криптовалют Bitmain представил чип с высокой производительностью BM1391, разработанный на базе 7нм-техпроцесса.
2018-9-21 17:14 | |
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Russian cryptocurrency mining firm Coins Miner Investments, and Belize cryptocurrency wallet company Digital Bank were recently issued cease and desist orders by the Texas Securities Commissioner (TSC).
2018-9-21 12:49 | |
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Cuprum Token is a blockchain-based trading platform for trading and exchange of copper. Launched by leading Russian mining facility CUPRUM GROUP, the platform extends the opportunity to buy half price digital copper backed by real copper that will be produced at the facility.
2018-9-11 02:03 | |
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The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with an estimated 70,000 enterprises currently operating in the field, according to the organization.
2018-9-9 03:10 | |
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The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with 70,000 enterprises currently operating in the field.
2018-9-9 03:10 | |
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A Russian design studio has developed a “beautiful” cryptocurrency mining rig. The fashionable “Freer” is a modular, customizable home mining device. It comes in different colors, displays and sets of ports, depending on the requirements of the client.
2018-9-4 05:05 | |
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A Russian company known as the Kriptoyunivers Center opened the nation’s largest cryptocurrency mining unit on Monday, August 20, 2018. According to the South China Morning Post, the mining farm is currently located in a former Soviet fertilizer-producing laboratory.
2018-8-22 14:00 | |
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On August 20th, a Russian company is reported to have opened Russia’s largest crypto mining farm in a former Soviet Union fertilizer laboratory. The former lab was said to have been unoccupied for 20 years and covers 44,000 square feet.
2018-8-21 21:20 | |
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A Russian court has ruled for the first time that a local newspaper must pay a fine of 50,000 rubles ($760) after it ran a cryptocurrency mining advertisement. ‘Financial, Not Consulting Services’ As local news outlet Interfax reports August 8, the Eleventh Arbitration Court of Appeal (ACA) found the publication Edinstvo Nizhnekamsk, which circulates in the Republic of Tatarstan, in breach of advertising regulations.
2018-8-9 14:00 | |
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The number of mining companies in Russia has grown to 75,000 in 2018. Despite the fall of the cryptocurrency market, Russian entrepreneurs continue to enter mining business.
2018-8-2 11:43 | |
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The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year.
2018-8-2 02:50 | |
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Вьетнамские СМИ заявили о том, что генеральный директор майнинговой компании Sky Mining Ле Минь Там мог похитить $35 млн, принадлежащих клиентам. Сам Ле Минь исчез около недели назад, что и вызвало подозрения.
2018-7-31 11:33 | |
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3dman_eu / Pixabay Bitcoin mining can be costly, so one crooked miner came up with a turnaround to lower his cost. This person used the resources of the company for which he was working to secretly mine Bitcoins, according to Rubase.
2018-7-31 10:28 | |
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Russian miner not only filed a complaint with police over robbery of his mining equipment, but also hired detectives and asked shamans to help find stolen mining farms.
2018-7-27 18:05 | |
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The Russian government has approved a package of draft bills that would channel domestic crypto trading to licensed intermediaries while limiting retail access. According to an announcement from the Finance Ministry, the Russian government has approved a set of draft…
Bitcoin Magazine Russia Considers Simplified Licensing Path for Bank-Run Crypto Exchanges Russia’s central bank is weighing a plan that would allow banks and brokerage firms to operate cryptocurrency exchanges.
Crypto exchanges maintaining operational or financial connections with Russia continue aiding circumvention of international sanctions, according to an Elliptic report. The platforms provide transaction routes allowing Russian entities to make cross-border payments shielded from traditional banking oversight through ruble-to-crypto conversions.…
The European Union is preparing a sweeping ban on cryptocurrency transactions involving Russian entities, even as Russian financial firms accelerate efforts to institutionalize crypto investment products at home.
Russia’s cryptocurrency market is experiencing a surge in transactional activity, with daily trading volumes reaching an estimated 50 billion rubles, roughly $640 million, according to Deputy Finance Minister Ivan Chebeskov.
BitRiver, Russia’s largest bitcoin mining operator, has entered formal insolvency proceedings after a Russian arbitration court accepted creditor claims linked to unpaid debts. The case marks one of the most significant financial failures in the country’s crypto mining industry and highlights the pressure facing energy-intensive operators as costs rise and access to capital tightens. The […]
BitRiver, Russia's largest bitcoin mining operator, is facing bankruptcy after a court initiated insolvency proceedings over unpaid debts.