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Russian Parliament Postpones Adoption of Crypto Mining Bill


Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russia amid sanctions limiting the country’s access...

Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green


A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency...

Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners


President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....

Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm


Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto...

Bill Regulating Crypto Mining Submitted to Russian Parliament


A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers...

Abkhazia Extends Crypto Mining Ban Till End of Year


Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...

Rainbow Six Extraction Should Be Your Next Game Pass Download


Before covid-19 spread around the world and killed millions, Rainbow Six Extraction was first known in 2019 as Rainbow Six Quarantine. As the pandemic grew, the game went radio silent for a bit before understandably being renamed as Extraction. Now, after all that, Ubisoft’s newest and weirdest...

Rainbow Six Extraction Is Coming To Xbox Game Pass Day One


Ubisoft’s first major release of the year, Rainbow Six Extraction, is launching on Xbox Game Pass, Microsoft announced in a blog post today. It’ll be available starting January 20, and will no doubt send a drove of players to the multiplayer cooperative shooter.Read more

Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells


Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise...

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