Russian power grid titan eyes Bitcoin mining ventures

Rosseti's move into crypto mining could boost Russia's economy by utilizing excess power capacity, despite regional mining restrictions. The post Russian power grid titan eyes Bitcoin mining ventures appeared first on Crypto Briefing.

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No One Can Ban Bitcoin, Russian President Vladimir Putin Asserts

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Russia to ban Bitcoin mining in select regions due to power shortages

The ban on Bitcoin mining in certain Russian regions highlights the tension between energy demands and the sustainability of crypto activities. The post Russia to ban Bitcoin mining in select regions due to power shortages appeared first on Crypto Briefing.

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Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC

Russian President Vladimir Putin warned that crypto mining could lead to significant power shortages in some regions of the country while calling for an expansion of its central bank digital currency (CBDC), the digital rouble, in a July 17 meeting.

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Russian government subsidizes crypto mining facility in Siberia

The facility, which opens this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid.

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Crypto Miners From US, EU Stay Put in Russia Despite War, Sanctions

The war in Ukraine may have undermined many Russian companies, but not mining facilities: clients from the West keep coming to the country for cheap power and reliable uptime.

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BitRiver And Russian Oil Giant Team Up To Power Data Centers

The third-largest oil producer in Russia has joined forces with BitRiver, a bitcoin mining business based in Switzerland, to mine bitcoin utilizing spare resources. BitRiver will construct the digital infrastructure at the Russian oil fields of Gazpromneft as part of a new partnership.

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Everstake собрала $1,4 млн в поддержку Украины

Стейкинговая платформа Everstake из экосистемы Solana собрала $1,4 млн в токенах SOL для поддержки Украины в борьбе против российской агрессии. The unbelievable power of unity!💪🏽 It's already $1,4M in $SOL #SOL donated by the #Solana community to help @Ukraine resist Russian aggression.

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Crypto Miner Tariffs Proposed by Russian Minister of Energy Following Chinese Migration

Due to the recent bans on crypto mining in China, many have picked up shop and moved to Russia. This has caused significant power issues in those regions. The post Crypto Miner Tariffs Proposed by Russian Minister of Energy Following Chinese Migration appeared first on BeInCrypto.

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Russian large bitcoin miners buy electricity from leading commodity companies

Gazprom Neft launched an associated petroleum gas power plant near the city of Khanty-Mansiysk. Large bitcoin mining farm Vekus buys electricity from this power plant. And in Norilsk, a large data center with hundreds of ASICs is powered by a power plant of a former nickel plant.

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Bitcoin Mining: Network Congestion, Fees Uptick, China Ban, & Russian Hash Power in Play

In the world of Bitcoin mining, the hash rate of the network, the computing power used to validate BTC transactions has taken a drop following the positive difficulty adjustment of 8. 8%. The 7-day average hash rate of the network is currently at 131 EH/s, down from the all-time high of 146.

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Illegal mining farm found in Russian Caucasus

The North Caucasian division of the Russian energy company announced it revealed another mining farm that was illegally connected to the power supply.

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Russian Voters’ Data on Sale After Blockchain Poll to Keep Putin in Power: Report

Russians voted electronically, using blockchain tech, to keep Putin in power. Now, hackers may be selling the personal data of over a million of those voters.

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Putin Causes Russian Cabinet to Resign, Bitcoin Prices Spike

Russian President Vladimir Putin has triggered the resignation of his entire cabinet today, after laying out plans for Russia’s future political power balance. This political change has caused Bitcoin to begin trading at a premium on Russian exchanges.

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A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners

A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub.

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Putin – this is serious! Real crypto will start to rise from Russia: exclusive

The Russian statement on the tokenization of strategically important metals, including palladium, platinum and gold, can play a decisive role in the development of the cryptocurrency market. In Russia, formally operates the form of government “republic”.

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Russian Scientists Fined for Mining Bitcoin on Hijacked Supercomputer

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.

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They steal! Did Bitcoin (BTC) take-off happens due to power thieves?

– If you want to express in a word what is being done in Russia, you should say: they steal! (Nikolai Karamzin, Russian historian of the 18th century) Now the words of the Russian historian can be attributed to Asia and Bitcoin.

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Russian Customs Service Opens Investigation into Illegally Imported ASIC Miners

The Russian Federal Customs Service has initiated a probe into DTPK, an importer of Bitmain miners, for submitting falsified documents to customs officials and evading $1. 2 million in duties. The false documents had listed a much lower price for the miners and their power elements relative to their market price, as reported by CoinDesk, JulyRead MoreRead More.

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Russian Lawmakers Approve Bill Seeking Increased Government Control on the Internet

A report published by ABC News on April 16, 2019, states that Russia’s lower chamber of parliament has passed a bill that gives more power to the Russian government over the country’s Internet traffic.

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Smart grids are essential to prevent old power infrastructure from holding back the US economy

In March 2018, the FBI and Department of Homeland Security (DHS) released a report detailing how Russian operatives had launched a handful of attacks across segments of the US’s critical infrastructure, including the power grid.

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Russia Studying Proposal for New and Better Crypto Regulations. Oil-backed Crypto May Be a Possibility

The Russian Duma (a division of the country’s legislative power) is studying the possibility of changing its political position on crypto; a decision that could be one of the most important resolutions regarding the adoption.

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Russia to Buy Billions of Dollars Worth in BTC Next Month, Russian Economist Says

The Russian government is unwilling to allow the unilateral economic sanctions imposed by Donald Trump’s government to further affect its economy and may be considering a forceful measure to combat American power in this current diplomatic war.

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Two Mining Companies Among Georgia’s Major Electricity Consumers

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.

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Australian Crypto Company Rapped for Paying Bounty Hunters for Glowing Reviews

Securities commissioners and trade experts have refused Australian blockchain startup Power Ledger a clean bill of ethical health after it emerged that the company paid rogue “bounty hunters” to shore up interest in its cryptocurrency.

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McAfee Labs Discover Russian Crypto Mining Malware, Correlation with Monero Price

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).

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McAfee Labs discovers Russian malware mining Monero (XMR) and Zcash (ZEC)

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.

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New Russian malware mines different cryptocurrency based on your system

Is your computer suddenly sluggish and hot all the time? You might have fallen victim to this new Russian malware designed to steal your computing power to secretly mine cryptocurrency. Researchers from McAfee labs have discovered a new breed of crypto-jacking malware which cannibalizes your computing power to mine Monero or Zcash.

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Revolutions and Counter Revolutions: Andreas Antonopoulos Reflects on 10 Years of Bitcoin

As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.

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Bitmain выпустила бюджетный ASIC

Крупнейший производитель оборудования для добычи криптовалют Bitmain выпустил новый ASIC Antminer S9j. We are pleased to announce the new Antminer S9j that has a hash rate of 14. 5TH/s ±5% and a power consumption of 1350W±10%.

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Джон Макафи призвал бойкотировать биржу HitBTC

Программист и миллионер Джон Макафи призвал бойкотировать криптовалютную биржу HitBTC в связи с тем, что бедные люди не могут позволить себе пользоваться её услугами. The crypto exchanges have become the thing that we have originally fought against.

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