Bitcoin miners selling their tokens could push down the price of the largest cryptocurrency for some time, according to JP Morgan, according to Bloomberg. Listed miners, who account for about 20 percent of the total, already sold Bitcoin in May and June to increase liquidity, cover mining and leverage costs, say JPMorgan strategic analysts. Private […]
Tag: mining
For “physicists” – cryptominers in Russia, they can raise electricity tariffs
FAS has developed new guidelines for the calculation of electricity tariffs for the population. Now there is a whole range of tariffs at which consumers pay “for electricity”. For example, for residents with electric and gas stoves, for villagers, day and night tariffs for those who have installed special meters. However, residents often try to […]
“Mine” Cryptocurrency in Uzbekistan can now only organizations
The Uzbek government has begun expanding its crypto regulation through a decree signed by President Shavkat Mirziyoyev. The document contains definitions of terms such as “crypto assets”, “exchange” and “mining”, and defines the main regulator of the industry. According to the decree, only legal entities can mine virtual currencies. Miners connected to the unified power […]
Bitcoin electricity consumption decreased by 25% in the first quarter of 2022
At the end of May last year, Elon Musk convinced the leaders of the bitcoin industry to form the Bitcoin Mining Council (BMC), and in mid-July 2021, BMC launched its public services and website. BMC is now a group of 44 bitcoin mining companies. According to experts, they account for 50% of the worldwide Bitcoin […]
Russia: Central Bank proposes ban on use and extraction of cryptocurrencies
LAST UPDATE: 16:28 Russia’s central bank on Thursday proposed a ban on the use and mining of cryptocurrencies in Russia, citing threats to financial stability, public welfare and the dominance of its monetary policy. “The status of the Russian ruble, which is not a reserve currency, does not allow for a lenient approach to Russia […]
Schools are massively “mined” in Belarus, allegedly on behalf of “Protasevich’s accomplice”
In Belarus, there are massive reports of “mining” of schools. They allegedly come on behalf of the “accomplice” of the opposition journalist Roman Protasevich, who was captured by the regime of the local dictator Alexander Lukashenko a week ago, reports the Telegram channel TUT.BY. According to the editorial office, on May 31, schools in […]
Lukashenka said that Switzerland had reported the “bomb” on the plane. In Bern they say it’s a lie
Switzerland does not know about any “mining” on board the Ryanair plane forcibly landed in Minsk, and did not warn the Belarusian authorities about such a threat. This was reported by the press service of the Swiss Foreign Ministry. The dictator of Belarus Alexander Lukashenko, speaking at the parliament of the country today, said […]