2023-4-24 18:05 |
In a dramatic shift in the global landscape of cryptocurrency mining, Russia has surged ahead to become the world’s second-largest bitcoin (BTC) mining hub, with the US maintaining its position as the leader. origin »
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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.
2025-1-14 19:45 | |
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Russia’s new crypto regulations impose mining bans in 10 regions and seasonal restrictions elsewhere, prioritizing energy stability and control. The post Russia Issues 6-Year Ban on Crypto Mining in 10 Regions appeared first on BeInCrypto.
2024-12-25 12:00 | |
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Mining rig makers like Bitmain and MicroBT are expanding to Russia as the U.S. market becomes saturated, source said.
2023-7-29 16:58 | |
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Crypto mining could be legal in Russia as soon as 2024, according to the Chairman of the State Duma Committee on Financial Market Anatoly Aksakov. Aksakov remarked at the 2023 St Petersburg International Economic Forum on the role mining can play in the Russian economy.
2023-6-16 13:45 | |
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Russia has reportedly become the world's second-largest Bitcoin mining hub with a capacity of 1 gigawatt. The shift in market share has been attributed to mining restrictions in Kazakhstan and The post Russia is reportedly the second-largest Bitcoin mining hub behind U.S. appeared first on AMBCrypto.
2023-4-24 19:00 | |
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After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country.
2022-8-22 15:47 | |
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An unknown person in Russia has been seen stacking 20,000 Bitcoin mining machines at… The post Unknown entity stacks 20,000 Bitcoin mining rigs in Russia appeared first on Coin Journal.
2021-2-12 17:02 | |
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A batch of equipment for bitcoin mining with a total capacity of 70 megawatts was imported from Asia to Russia. The cost of delivery is estimated at $60 million.
2021-2-18 21:53 | |
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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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Cryptocurrency mining profitability is down. If we look at Bitcoin, we see low profits yet the price of equipment is on the rise, as is the cost to run the equipment. Worldwide we are seeing a decrease in the popularity of mining as a result of this.
2018-8-6 08:00 | |
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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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In Russia, no separate taxation rates will be applied to the mining and circulation of cryptocurrencies
2018-7-19 05:39 | |
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Russian Agency Establishes a Registry of Trustworthy Crypto Projects Soon, digital currency fraud will be entirely forgone in Russia, after the local association of cryptocurrencies and blockchain established a registry of whitelisted institutions that operate in the crypto sector.
2018-7-16 20:42 | |
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Russian Market Receives Mining PC The Russian market has a new product – a hybrid computer for both gamers and miners. Those who participate and purchase the PC may be able to receive a quarter ether of monthly income.
2018-7-3 02:33 | |
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Kaspersky Lab, one of the leading cyber security companies in the world has warned of malevolent personalities who have shifted from ransomware to crypto-jacking. The company, which is based in Russia, indicated that ransomware attacks were fast spreading in which a malevolent folder deadbolts a computer until ransom is paid. The company could not however […]
2018-6-30 19:43 | |
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Russian police detained a man who tried to rob a crypto exchange with fake grenades, as Russia faces rising crypto-related crimes and asset thefts. Russian authorities have detained a man who attempted to rob a cryptocurrency exchange using smoke and…
World Liberty Financial is facing mounting political and regulatory pressure as new allegations suggest the Trump-linked crypto platform may have sold tokens to buyers connected to North Korea, Russia, and Iran.
According to Chainalysis, Russia received over $376 billion in on-chain crypto transfers between July 2024 and June 2025, ahead of the United Kingdom’s $273 billion. Related Reading: Crypto On The Menu: US Fastfood Chain Rolls Out Bitcoin Steakburger That metric measures value moved into wallets and addresses tied to Russia during the 12-month window. Based […]
The Bank of Russia is reportedly allowing select commercial banks to enter the crypto market under strict supervision. Officials say capital restrictions and transparency rules are essential to prevent systemic risk and regulatory blind spots. According to a local report…
A massive leak of internal documents from a Putin ally’s firm details a sophisticated financial network. It reveals how $8 billion in crypto became the lifeblood for sanctions evasion and political manipulation in Moldova. On Sept. 26, blockchain analytics firm…
The U. S. Treasury designated Russian crypto exchange Garantex in April 2022. According to the new Treasury press release, Garantex processed over $96 billion in crypto for various cybercriminals in six years.
According to Masharov a crypto bank could bring shadow transactions under state control and ease bottlenecks faced by domestic miners when converting their crypto earnings.