Bitcoin

<p>Russia’s industrial Bitcoin mining sector achieved impressive results in 2023, mining a total of 54,000 BTC, valued at approximately $3 billion at the time. This achievement has solidified Russia’s position as one of the top global players in the Bitcoin mining industry, drawing the attention of both local and international investors.</p>
<p>The Russian government's recent moves to formalize and regulate the mining industry have made the sector more attractive to institutional players. With the introduction of new tax regulations and increased investment in data centers, Russia's mining industry is poised for further growth, potentially expanding its global influence in the coming years.</p>

Russia’s 54,000 BTC Mined in 2023 Sparks Interest in Global Mining Scene

Ultramining_Eng

Other articles published on Sep 5, 2024

AggLayer will connect all Web3, including L1s like Ether and Solana — Polygon Labs CEO

Police in China Organize a Massive Cryptocurrency Operation

Investment Company Robinhood Fined for Imposing Restrictions on Cryptocurrency Customers! Here Ar...

OpenAI Considers Increasing Subscription Fees

Binance Futures Lists New BSWUSDT Contract

BenefitMine Pre-Sale Security Breach: Our Next Steps

Join our free newsletter for daily crypto updates!