For the longest time, bitcoin miners have held on to the spoils of their activities. That is when the profitability of mining the cryptocurrency was
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Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from
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Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry
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No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has
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OpenEthereum support ends with the Merge fast approaching
“The usefulness has run its course,” the OpenEthereum team wrote regarding its popular software, “we look forward to the next phase of clean, green and
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Crypto Mining Farm Uncovered in Russia’s Oldest Prison
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to
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