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Tag: crypto miners

Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft

October 24, 2022 wp-bot Bitcoin News

The lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down

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Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’

October 21, 2022 wp-bot Bitcoin News

Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings

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EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy

October 19, 2022 wp-bot Bitcoin News

Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance

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Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry

October 16, 2022 wp-bot Bitcoin News

Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the

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Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country

October 13, 2022 wp-bot Bitcoin News

Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new

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Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners

October 8, 2022 wp-bot Bitcoin News

The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive

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