Cryptocurrency Market

  • Market Cap: $2,410,454,655,501.39
  • 24h Vol: $53,106,111,838.43
  • BTC Dominance: 56.58%

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ban-on-crypto-mining-in-residential-areas-proposed-in-russia

Ban on Crypto Mining in Residential Areas Proposed in Russia

Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent fires in residential buildings. Amateur miners have been blamed for high loads on the grid causing breakdowns and blackouts. Energy Experts Want to Prohibit Mining […]

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amid-high-energy-demand-from-miners,-russia-mulls-building-new-power-plants-in-siberia

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal to introduce higher tariffs for Russians minting digital coins at their homes. Authorities in

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