Mining
Russian President Vladimir Putin explained the government's decision to ban cryptocurrency mining at the government's discretion in any region of the country. The decision is due to the growing shortage of electricity, Putin said. According to him, governors have started to…
A lone miner mined a Bitcoin block and earned almost $350,000 for it. The probability of such an event for him was estimated at approximately once every eight years, writes RBC Crypto. Around midnight on July 3-4, a miner added block…
Representatives of the company “Dagenergo” together with employees of the security department of the company “Rosseti North Caucasus”, as well as the department of economic security and anti-corruption of the Ministry of Internal Affairs discovered a mining farm in the Babayurtovsky…
The Government believes that punishment for illegal connection to power grids should be stricter, and expects more detailed regulations from the Ministry of Energy. The Russian government plans to toughen penalties for violating the ban on cryptocurrency mining. This was reported…
Russia has been consistently ranked second in the world in terms of mining volume for two years now, and the industry’s growth rate exceeds that of its competitors, experts say. In recent years, Russia has consistently ranked second in the world…
In Russia, the number of officially registered miners has increased tenfold in six months, said Alexey Nechayev, head of the New People faction, at a plenary session in the State Duma on July 23, the last day of the spring session,…
In August 2025, Bitcoin mining difficulty reached a record 127.6 trillion, indicating continued growth in the computing power that secures the network. Despite increased technical difficulties, miners' profits continue to rise, a rare occurrence that analysts believe could signal a new…
The price of Bitcoin has been steadily rising, up about 4% over the past week, reflecting improved market sentiment and investor optimism. Let's figure out what's happening in the Bitcoin (BTC) market and what to expect from the cryptocurrency price. Bitcoin…
On August 17, a lone miner independently mined block #910,440 on the network of the first cryptocurrency, receiving 3,137 BTC (~$371,576) in rewards and fees, according to CK Pool administrator Con Kolivas. Congratulations to miner bc1q~nwsgdw0wfh4trqal69fz with 9PH for solving the…
Specialists from Dagenergo, a branch of the Russian state-owned company Rosseti North Caucasus, found and destroyed an underground mining farm with 135 devices. The farm operated in the basement of a residential building on Laptiyev Street in the capital of Dagestan,…
Recent figures indicate a downward trend in Bitcoin mining revenues, characterized by periods of heightened volatility. The hashprice—the estimated daily earnings for 1 petahash per second (PH/s) of computational capacity—has dropped 7.61% since July 27. Network Hashrate Holds Steady Amid Faster…
Hut 8 (HUT) is preparing to transfer the majority of its bitcoin BTC$111,187.10 mining activities to American Bitcoin (ABTC) within the coming week, a strategic shift Benchmark analyst Mark Palmer believes could positively impact the firm’s stock valuation. Recently, Hut 8…