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Mining

Crypto Mining Farm Uncovered in Russia’s Oldest Prison

Coins Legend May 22, 2022 0

Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency in Moscow

Technology

Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates

Coins Legend April 3, 2022 0

A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part of efforts to legalize Russia’s crypto space. Russia […]

News

Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining

Coins Legend March 30, 2022 0

The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level. Russian Official Proposes Regional Energy Quotas for […]

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