Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,839,756,167.93
  • 24h Vol: $55,153,741,867.80
  • BTC Dominance: 56.56%

crypto mining

russia-takes-second-place-rank-by-power-capacity-in-crypto-mining,-reports

Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

Leave a Comment / Bitcoin, Bitriver, capacity, China, Crypto, Crypto Hacked, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, Electricity, electricity consumption, Energy, Ethereum, Kazakhstan, Miners, Mining, Mining Industry, mining sector, power, power capacity, Regulation, Regulations, Russia, russian, U.S., US / / / , , , , , , , , , , , , , , , , , , , , , , ,

Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the amount of power devoted to the sector has been growing, reaching record highs this year. 1 GW of Electrical Power Involved in Crypto Mining in […]

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Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court

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Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts. Denmark’s High Court Considers Crypto Gains Taxable Under Current Law Profits

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March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs

Leave a Comment / Antpool, April 2020, ASIC miners, Binance Pool, Bitcoin, Bitcoin mining, Blockchain, blockchain technology, BTC, BTC Mining, crypto economy, Crypto Hacked, Crypto investors, crypto market, crypto mining, crypto mining revenue, Cryptocurrency, cryptocurrency industry, cryptocurrency market, cryptocurrency news, Cryptocurrency Trading, Decentralized, difficulty change, Digital Assets, Digital Currency, Ethereum, F2Pool, Finance, financial system, Foundry USA, investment, Mining, Mining Pools, network hashrate, revenue, Technology, Transaction Fees / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last two weeks. This month, the mining pools Foundry USA and Antpool dominated the pack, accounting

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Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

Leave a Comment / bill, Bitcoin, Crypto, crypto assets, Crypto Hacked, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, declaration, Ethereum, fines, Legislation, Miners, Mining, penalties, prison, prison time, punishment, Regulation, reporting, Russia, russian, sentence, Tax, Taxation / / / , , , , , , , , , , , , , , , , , , , , , ,

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced Labor Awaits Miners and Traders Who Operate Outside Law,

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US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme

Leave a Comment / Bitcoin, Crypto Hacked, crypto miners, crypto mining, crypto mining fraud, crypto mining prison, Cryptocurrency, cryptocurrency mining, DOJ, Ethereum, fraudulent crypto mining scheme, miner hosting services, Mining, prison sentence crypto mining, US Judge / / / , , , , , , , , , ,

A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the miners and miner-hosting services they had purchased from him,” according to the U.S. Department of Justice (DOJ). Man Sentenced to Prison for Defrauding

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Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners

Leave a Comment / Aksakov, bill, bills, Bitcoin, Crypto, Crypto Hacked, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, draft law, Ethereum, gray miners, illegal mining, Law, Laws, legalization, Legislation, liability, Miners, Mining, mining bill, mining law, Postponed, Regulation, Russia, russian / / / , , , , , , , , , , , , , , , , , , , , , , ,

The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption of Russian Crypto Mining Legislation Postponed Again A bill

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Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner

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Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now in custody. Thieves Face Trial in Russia for Armed Robbery

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Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown

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Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent imports of mining equipment. Abkhazia Creates Headquarters to Combat Illegal Crypto Mining Operations Police in Abkhazia are conducting daily raids to

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State-backed Crypto Mining Farm under Construction in Russia’s Buryatia

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A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver Building Large Data Center for Cryptocurrency Mining in Buryatia, Siberia A 100-megawatt

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Russia Expands Its Crypto Mining Capacity, Report Reveals

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The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major factors for the trend. Miners Prepare for Growth as Total

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