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Russia is 2nd biggest Bitcoin miner after U.S.: report 

Russia is now the second largest Bitcoin miner after the U.S., according to a report by Russian media Kommersant. Russia’s new ranking comes amid moves...

Russia To Start Mining Bitcoin Soon

The Russian government will start mining bitcoins soon in east Siberia. State-sponsored crypto mining firm Bitriver will spearhead the development of the mining...

Russia Gives Tax Incentives to Crypto Miners

In the most recent months, the cryptocurrency mining business has been met with moratoriums in several regions of the United States and Canada. Those...

Russian government subsidizes crypto mining facility in Siberia

The crypto mining industry has faced moratoriums in some parts of the United States and Canada in recent months. Now, Russia provides tax incentives...

Russian Crypto Mining Expands as Others Capitulate

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin’s comeback has stalled at the $24,000 level, as it retraced last night...

Russia Bolsters Crypto Mining Capacity to 500 Megawatts

Crypto mining facilities and activities in Russia increased in the past year. Russian crypto mining firms are expecting more growth in 2023. The...

Compass Sued Over Allegedly Failing to Return Customer Bitcoin Miners

Compass Mining, a reseller of and hosting service for Bitcoin mining machines, is being sued by its customers to the tune of $2 million. In...

Bear Market Takes A Bite Out Of ASIC Miner Prices

.The machines optimized for the sole purpose of mining Bitcoin (BTC), also known as ASIC miners, have fallen over 80% in price per...

Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware

Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low...

Bitcoin Mining Gears Q4 Sale Skyrockets in Russia

8 seconds ago | 2 mins read Bitcoin News Low costs for gear and...

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 energy capacity, experts have estimated. Investors are considering projects for...

Third Largest Russian Oil Company Gazpromneft Partners With BitRiver To Mine Bitcoin

Russia's third-largest oil producer, Gazpromneft, is entering the bitcoin mining space.Gazpromneft will be partnering with Swiss-based bitcoin mining firm BitRiver to deliver energy resources...

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