Latest news about: Mining

In Russia decided to legalize cryptocurrencies and regulate mining

In Russia decided to legalize cryptocurrencies and regulate mining

The Russian government is currently working on legislation on trade in bitcoin and other cryptocurrencies. The Ministry of Finance proposed to consider mining of crypto-currencies as an illegal activity. However, their purchase will not be prosecuted. Deputy Finance Minister Alexei Moiseev said: “The fines will be different, mainly administrative, but if someone created a cryptocurrency… More

The government of India banned the import of equipment for mining

The government of India banned the import of equipment for mining

The government of India once again taking a hard-line regulatory approach to the growing demand for cryptocurrencies in the country. Company Bitmain, a leading manufacturer of ASIC chips, which are used for mining bitcoin, refuses to sell mining equipment to India due to a new ban on imports. Bitmain announced the official exit from the… More

Tesla car can be turned into a mining farm

Tesla car can be turned into a mining farm

The owner of the Tesla Model S made electric farm for mining cryptocurrency. This publication reports Electrek. The popularity and rapid growth of bitcoin and altcoins is attracting more people to the process of their production. It is known that, mining is the process energy intensive and not cheap. In the pursuit of reducing costs… More

Bitmain enters the Russian market

Bitmain enters the Russian market

Imports of Chinese equipment for mining much easier and ceases to be “gray” and even illegal. If earlier it was risky and a pass device is often given at the whim of the customs official, now import is beginning to acquire a legitimate reason. A month ago in the Unified register of notifications of cryptographic… More

In Russia a plan to build a centre of mining and artificial intelligence lab

In Russia a plan to build a centre of mining and artificial intelligence lab

In Russia may receive a center for mining of cryptocurrencies Hong Kong. A few kilometers from the Russian city of Vladivostok – island Russian – may be mining farm mining cryptocurrency and artificial intelligence lab. Construction plans to start a Hong Kong company “Genesis Engineering”. A Hong Kong company “Genesis Engineering” announced plans to invest… More