The restrictions align with Russia ... mining industry firms like BitRiver rely on cheap electricity in Irkutsk. According to local sources, the Irkutsk region hosts the first and largest data ...

The mine, near the frontline city of Pokrovsk, produced coking coal crucial for Ukraine’s steel industry ... To reach mining areas closest to the front, they had to walk through miles of ...

The facility in the embattled city of Pokrovsk is Ukraine’s only mine that produces coking coal needed for the country’s once giant steelmaking industry, which has withered since Russia’s ...

Donald Trump reiterated his desire to buy Greenland to strengthen US national and economic "security" as he spoke to reporters while signing a flurry of executive orders in the Oval Office on his ...

Russia decision to legalize Bitcoin mining has caused demand for mining equipment to surge in the country. The country mining industry is attracting both ... the 4.66% hashrate share from the ...

According to local sources, BitRiver, which has a large data center in Bratsk ... are aimed at managing energy consumption, Russia’s crypto mining industry faces a tough future as these ...

Moreover, on November 18, 2024, Russia introduced a 15% tax on profits from Bitcoin mining. Industry experts, including Bezdelov, suggest that investors consider allocating up to 5% of their ...

The purpose of such restrictions is to maintain the balance of energy consumption taking into account the needs of industry. Since November, mining has been legalized in Russia, provided that ...

Based on local news reports, more will be converted into cryptocurrency mining hubs as plans for constructing additional data centers ... Russia’s mining sector continues to grow, it highlights the ...

The year of 2025 will become "the year of major projects, the year of major starts" for the industry owing to obtained access to traditional bank financing, Igor Runets stressed MOSCOW, December 24.