Major authorities establishments in Moscow, the central financial institution and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining within the
Tag: crypto miners
Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge
Miners in Vietnam have expressed grievances over the lack of enterprise following Ethereum’s transition to a consensus mechanism that doesn’t require the energy-intensive computing they
Working Group to Develop Efficiency Standard for Crypto Mining in Russia
Crypto trade consultants have fashioned a working group to draft a typical for energy-efficient and worthwhile cryptocurrency mining in Russia. The guidelines will intention to
Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say
Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of vitality capability, specialists have estimated. Investors are contemplating initiatives for one
Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
This week the mining operation Applied Blockchain introduced that it’s altering its firm identify to Applied Digital. Furthermore, the mining operation launched 2022 monetary outcomes
Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year
Authorities within the energy-rich Russian area of Irkutsk have imposed hefty fines on crypto miners this yr for unlawful use of electrical energy to provide
Russian Caught Mining Crypto in Covid-19 Clinic
An IT specialist working for a medical establishment in Russia’s Altai Republic has been detained for illegally mining cryptocurrency on the premises of a Covid-19
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector
SBI Holdings, the most important on-line brokerage in Japan, is shutting down its crypto mining enterprise within the Russian Federation. Amid mounting uncertainty over the
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds
Power wants of cryptocurrency miners in Russia have grown considerably since 2017, with consumption {of electrical} vitality seeing a 20-fold enhance over the five-year interval.
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms
Law enforcement in Kazakhstan detained members of against the law group suspected of forcing IT specialists into working underground services for cryptocurrency mining with threats