
Riot Shifts Mining Strategy
⬛U.S.-based miner Riot Platforms has sold a portion of its mined bitcoins for the first time since January 2024, directing the $38.8 million in proceeds toward operational expenses…
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⬛U.S.-based miner Riot Platforms has sold a portion of its mined bitcoins for the first time since January 2024, directing the $38.8 million in proceeds toward operational expenses…

🔵The average operational cost of mining Bitcoin for the largest Western mining companies rose by 47% in the fourth quarter of 2024, reaching $82,162 per coin. Meanwhile, the…

⛏Despite Bitcoin’s sluggish price performance, the network’s hashrate continues to hit new all-time highs. At first glance, this appears counterintuitive — mining profitability is declining, difficulty is rising,…

🟦In 2025, mining Bitcoin at home is still possible through several methods, ranging from lottery-style mining with compact devices to professional solo mining using ASICs. The lottery method…

🟦Restrictions on cryptocurrency mining in Siberia have resulted in major losses for energy companies. In the Irkutsk region, more than 300 MW of capacity was freed up, but…

🔲In Karachay-Cherkessia, three illegal crypto farms were discovered using electricity without proper metering. The organizer of the first farm installed 186 devices in a rented facility, modifying the…

🔴The Russian Ministry of Energy plans to hold regular meetings on mining regulation. The Bitcoin mining ban in 10 regions, effective January 1, 2025, has reduced the energy…

🌀An illegal mining farm has been discovered in the Irkutsk region, consuming electricity equivalent to 150 households. Police seized over 130 ASIC miners, while energy providers estimated the…

🔵The Russian Far East could become a new hub for cryptocurrency mining. Deputy Prime Minister Yuri Trutnev proposed generating surplus electricity to be used for mining. This would…

🔘Starting January 1, 2025, Russia will implement new taxation rules for income derived from cryptocurrency mining and sales. Under Law No. 418-FZ, miners will be required to pay…

🟠The Russian government has approved amendments to the Tax Code regulating mining and cryptocurrency operations. Starting in 2025, miners will be subject to profit tax (for legal entities)…

🔴The Government Commission on Energy Development has approved a ban on cryptocurrency mining in 13 regions of Russia starting in December 2024, Deputy Energy Minister Yevgeny Grabchak announced.…