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Russia Expands Its Crypto Mining Capacity, Report Reveals

[Feb 4, 2023 5:00 PM] 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…

Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees

[Jan 7, 2023 5:30 AM] Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms…