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Putin signs law on regulating digital currency circulation in Russia
Russian President Vladimir Putin signed a law on regulating digital currency circulation in the country. The document will come into force on November 1, 2024.
Control over the miner registry is transferred from the Ministry of Digital Development to the Federal Tax Service. The latter will be able to exclude companies from the list for violations within one year.
The registry may include individual entrepreneurs and legal entities. Individuals are allowed to mine digital currency without being included in the list if they do not exceed certain limits on electricity consumption.
The Russian government has received the right to ban mining, including participation in a pool, in specific regions and their individual territories. The Cabinet of Ministers will also be able to establish the procedure and cases for introducing such restrictions.
#MarketDownturn #майнинг $BTC $ETH $SOL
Russian President Vladimir Putin signed a law on regulating digital currency circulation in the country. The document will come into force on November 1, 2024.
Control over the miner registry is transferred from the Ministry of Digital Development to the Federal Tax Service. The latter will be able to exclude companies from the list for violations within one year.
The registry may include individual entrepreneurs and legal entities. Individuals are allowed to mine digital currency without being included in the list if they do not exceed certain limits on electricity consumption.
The Russian government has received the right to ban mining, including participation in a pool, in specific regions and their individual territories. The Cabinet of Ministers will also be able to establish the procedure and cases for introducing such restrictions.
#MarketDownturn #майнинг $BTC $ETH $SOL
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The price of $BTC after the approval of the ETF, despite some chatter, remains approximately the same, in the range from 44,000 USD to 48,000 USD.
Interestingly, shares of mining companies are now falling. Isn’t it time to short them, considering that after the halving they will receive a reward of 3.125 BTC instead of 6.25?!
#майнинг
Interestingly, shares of mining companies are now falling. Isn’t it time to short them, considering that after the halving they will receive a reward of 3.125 BTC instead of 6.25?!
#майнинг
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In the long term, the security of the first cryptocurrency is not threatened by quantum computing, but by a change in the reward model for miners, said Lawrence White, an economics professor at George Mason University.
According to him, after the last Bitcoin is mined, which will happen around 2140, the main source of income for miners will be transaction fees, which will make it more difficult to attract enough of them to ensure the security of the system.
#мнение #майнинг
According to him, after the last Bitcoin is mined, which will happen around 2140, the main source of income for miners will be transaction fees, which will make it more difficult to attract enough of them to ensure the security of the system.
#мнение #майнинг
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Satoshi Nakamoto-era miner sends 50 BTC mined 14 years ago to Binance
The miner who mined 50 BTC on July 14, 2010 transferred it to Binance. The transaction was recorded by Lookonchain analysts.
Coins were mined at block#67254at zero cost. Today they are valued at more than $3 million.
Transfers from wallets dating back to 2010 are extremely rare.
In April, a miner who mined 50 BTC on April 23, 2010, moved them to two new addresses for the first time in 14 years.
In early March, an unknown person sold 1,000 BTC mined in 2010, earning approximately $68 million.
A group of 80 wallets later moved 2,352.62 BTC worth over $163 million. They lay dormant for eight years.
That same month, the address, dormant for almost 12 years, sent all of its 500 BTC worth almost $35 million.
#binance #майнинг
$BTC
$BNB
The miner who mined 50 BTC on July 14, 2010 transferred it to Binance. The transaction was recorded by Lookonchain analysts.
Coins were mined at block#67254at zero cost. Today they are valued at more than $3 million.
Transfers from wallets dating back to 2010 are extremely rare.
In April, a miner who mined 50 BTC on April 23, 2010, moved them to two new addresses for the first time in 14 years.
In early March, an unknown person sold 1,000 BTC mined in 2010, earning approximately $68 million.
A group of 80 wallets later moved 2,352.62 BTC worth over $163 million. They lay dormant for eight years.
That same month, the address, dormant for almost 12 years, sent all of its 500 BTC worth almost $35 million.
#binance #майнинг
$BTC
$BNB
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Iranian authorities will pay $20 for reporting illegal mining
Iran has recorded abnormal heat.
The temperature jump has created an additional load on the power grid.
In this regard, the authorities have introduced a financial incentive to combat illegal mining.
In Iran, citizens who notify the authorities about illegal cryptocurrency mining will receive a reward of 1 million tomans (about $20). This was reported by local media, citing the director of the state-owned electricity company Tavanir, Mostafa Rajabi Mashhadi.
The head of Tavanir also said that 230,000 cryptocurrency mining devices that are connected to the grid illegally have been discovered in the country. Their total capacity is estimated at 800-900 MW. Their energy consumption is comparable to that of Markazi Province, he added.
#news #Iran #майнинг $BTC $ETH $SOL
Iran has recorded abnormal heat.
The temperature jump has created an additional load on the power grid.
In this regard, the authorities have introduced a financial incentive to combat illegal mining.
In Iran, citizens who notify the authorities about illegal cryptocurrency mining will receive a reward of 1 million tomans (about $20). This was reported by local media, citing the director of the state-owned electricity company Tavanir, Mostafa Rajabi Mashhadi.
The head of Tavanir also said that 230,000 cryptocurrency mining devices that are connected to the grid illegally have been discovered in the country. Their total capacity is estimated at 800-900 MW. Their energy consumption is comparable to that of Markazi Province, he added.
#news #Iran #майнинг $BTC $ETH $SOL
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The share of public miners in the Bitcoin hashrate is 27%.
In less than two years, the figure increased by 60%. Luxor analysts predict further growth of the indicator and strengthening of the positions of public companies through the purchase of assets and capacities of less significant players.
When it comes to the location of facilities in the US, Texas is the most attractive state.
#майнинг
In less than two years, the figure increased by 60%. Luxor analysts predict further growth of the indicator and strengthening of the positions of public companies through the purchase of assets and capacities of less significant players.
When it comes to the location of facilities in the US, Texas is the most attractive state.
#майнинг
