The mining firm Riot Platforms indicated that the average expense to mine 1 BTC spanning from July to October was $46,324. Riot Platforms ranks as one of the most prominent US-based Bitcoin possessors among mining organizations. As per a Riot…
Nikolai Shulginov, who leads the Russian State Duma Committee focused on Energy, intends to put forth legislative proposals to the State Duma, raising penalties for breaches of mining regulations and enacting criminal accountability for power theft during cryptocurrency creation. These…
A solitary, anonymous miner unearthed block #920,440 on the Bitcoin blockchain and obtained 3.125 BTC alongside a 0.016 BTC transaction remuneration. This equates to roughly $347,455 in traditional currency. Umbrel indicated that a miner validated a block utilizing the open…
The KuCoin trading platform has introduced the KuPool mining center. As per RBC Crypto, the exchange shared that Chris Zhu, a co-creator of BTC.com (subsequently rebranded as Clover Pool) and Poolin, is leading this venture. Presently, KuPool facilitates the mining…
In the Uysky Region of the Chelyabinsk Oblast in Russia, a criminal inquiry has commenced against a preschool instructor for utilizing electricity reimbursement to defray the expenses of her family’s crypto-mining operation. As per the findings of the investigators, the…
Russia has consistently held second place 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…
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…
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 grow. Analysts believe this rare phenomenon may indicate a new…
The Russian Ministry of Energy does not expect new restrictions on cryptocurrency mining, said Andrey Maksimov, Director of the Ministry’s Department of Electric Power Development. During his speech at the annual professional conference of the Energy Producers Council association, Maksimov…
Rosseti North Caucasus specialists stated that 58 cases of illegal connections to power grids for cryptocurrency mining have been recorded in the Republic of Dagestan since the beginning of the year. This is the highest figure in the North Caucasus…