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Russia’s largest power grid operator Rosseti to support Bitcoin mining
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… дальше »
2025-1-28 14:16 | |
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Russia’s Rosseti eyes Bitcoin mining to harness surplus energy and boost local growth
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. дальше »
2025-1-27 14:05 | |
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Russia’s Rosseti to launch crypto mining operations in low-demand areas
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 […] дальше »
2025-1-27 11:53 | |
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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. дальше »
2025-1-27 05:03 | |
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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. дальше »
2024-11-1 18:22 | |
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Bitcoin mining: Can Russia’s new plant solve energy issues for miners?
Russia is building a new power plant in Buryatia to support Bitcoin mining, addressing energy strain. Recent developments, including crypto mining legislation and a digital ruble pilot, highligThe post Bitcoin mining: Can Russia’s new plant solve energy issues for miners? appeared first on AMBCrypto. дальше »
2024-10-14 16:30 | |
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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. дальше »
2022-6-19 09:01 | |
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Russia considers using oil field by-products for 'hybrid modules' of Bitcoin mining
The exodus of Bitcoin miners from Chinese mining hotbeds has left a vacuum that many global players are scrambling to fill. It was recently noted that most of the lost hash power has been restored, thThe post Russia considers using oil field by-products for 'hybrid modules' of Bitcoin mining appeared first on AMBCrypto. дальше »
2021-10-21 21:30 | |
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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. дальше »
2021-10-15 06:37 | |
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Russia Has No Plans to Ban Cryptocurrencies Unlike China, says Deputy Finance Minister
A Siberian region, which relies heavily on hydroelectric power and is known for its cheap electricity, also saw its energy consumption surging 159% due to an “avalanche” of crypto-mining. The post Russia Has No Plans to Ban Cryptocurrencies Unlike China, says Deputy Finance Minister first appeared on BitcoinExchangeGuide. дальше »
2021-10-14 23:28 | |
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Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners
The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. дальше »
2021-7-24 11:00 | |
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Massive 70 MW Bitcoin Mining Rig Shipped to Russia
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power […] дальше »
2021-2-12 13:00 | |
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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. дальше »
2020-1-16 17:40 | |
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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. дальше »
2019-8-6 21:00 | |
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Booze and Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. дальше »
2019-8-8 21:00 | |
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China, U.S and Hong Kong account for 70% of the world’s mining pools, report reveals
Mining pools have been the backbone of the crypto-ecosystem, owing to their inherited duty to fuel transactions and ensure immutable credibility. Given the power mining pools hold in the space, countries like China, U. дальше »
2019-6-17 18:00 | |
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Power Grid Hacking Attacks in the US and Russia are Bound to Escalate
Our society lives in an era where hacking attacks are almost a part of daily life. It seems even the world’s biggest governments don’t shy away from exploring options in this regard. Power grids in both the US and Russia are being targeted once again. дальше »
2019-6-16 00:00 | |
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Bank of Russia: We are Opposed to Crypto, But May Consider Gold-Backed Digi-Asset
According to local news publication TASS, the Bank of Russia will consider a gold-backed digital currency for use in international settlements. However, the institution remains opposed to truly decentralised crypto assets. дальше »
2019-5-24 02:00 | |
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Iran’s First Ever Bitcoin ATM Unveiled in Tehran
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. дальше »
2019-4-27 21:31 | |
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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. дальше »
2019-4-18 01:00 | |
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Trump Triggers Diplomacy for Secretive ‘Nuclear Alliance’ with Saudi Arabia
A document first witnessed by Reuters claims that U. S. companies have been given the go-ahead to sell nuclear power assistance and technology to Saudi Arabia. The U. S. has been in direct competition with countries like South Korea and Russia regarding a deal to sell and share information to and with the Saudi government. дальше »
2019-3-29 12:28 | |
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India Just Triggered a Ballistic ‘Space Weapon’ and Pakistan Should Be Terrified
The escalating arms race between India and Pakistan reached a dangerous pinnacle on Wednesday as India deployed a ballistic space missile. Using an anti-satellite weapon dubbed ‘Mission Shakti’, India’s military forces successfully shot down a low-orbit satellite. дальше »
2019-3-27 13:26 | |
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India Just Triggered a Ballistic “Space Weapon” and Pakistan Should Be Terrified
The escalating arms race between India and Pakistan reached a dangerous pinnacle on Wednesday as India deployed a ballistic space missile. Using an anti-satellite weapon dubbed ‘Mission Shakti’, India’s military forces successfully shot down a low-orbit satellite. дальше »
2019-3-27 13:26 | |
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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. дальше »
2019-3-23 16:30 | |
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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. дальше »
2019-2-24 08:14 | |
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China’s moon landing could launch a new space race
China became the third country to land a probe on the Moon on January 2. But, more importantly, it became the first to do so on the far side of the moon — often called the dark side. The ability to land on the far side of the moon is a technical achievement in its own right, one that neither Russia nor the United States has pursued. дальше »
2019-1-13 12:30 | |
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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. дальше »
2019-1-9 18:35 | |
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You Got The Power: Heat Energy From 46,000 People Mines One Bitcoin
In the search for ever more environmentally and ethically friendly ways to mine Bitcoin, everyone has largely ignored perhaps the most obvious solution… until now. You Literally Got The Power It seems like every week there is a more outlandish piece of hyperbole, regarding the energy used to mine bitcoin. дальше »
2018-12-25 17:00 | |
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Cryptocurrency Mining Could Crash The Entire Power Grid Of Abkhazia
The tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already at capacity, leaving risks of blackouts if a cold snap hits. дальше »
2018-12-20 10:00 | |
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Russia’s Tretyakov Gallery in Moscow to Trial Blockchain Art Patronage Project
Art is the expression of human creativity. It is appreciated, not only for beauty but also emotional power it might have attached. Works of Da Vinci and Van Gough continue to inspire and amaze generations of people. дальше »
2018-11-16 18:33 | |
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Investments, Offshores, Foreign Trade – Russia Planning for Crypto
With regulations on the horizon, high-ranking officials in Russia have come up with ideas on how to harness cryptocurrencies when, hopefully, they are finally legalized. The need of finding ways to circumvent sanctions on several fronts seems to be the main incentive for the ingenuity in the corridors of power in Moscow. дальше »
2018-8-28 13:15 | |
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