Third Largest Russian Oil Company Gazpromneft Partners With BitRiver To Mine Bitcoin

Gazpromneft, the third-largest oil producer in Russia, is partnering with Swiss-based bitcoin mining company BitRiver to mine bitcoin with excess resources.

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Crypto Flipsider News – U.S. Sanctions BitRiver, Russia to Use Crypto as Payment, Coinbase Launch NFT Marketplace, Binance.US Quits Blockchain Association, Commerzbank Applies for Crypto License, Buterin is Losing Influence in Ethereum

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Continue reading Crypto Flipsider News – U.S. Sanctions BitRiver, Russia to Use Crypto as Payment, Coinbase Launch NFT Marketplace, Binance.US Quits Blockchain Association, Commerzbank Applies for Crypto License, Buterin is Losing Influence in Ethereum at DailyCoin.com.

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Crypto Flipsider News – U.S. Sanctions BitRiver, Russia to Use Crypto for Payments; Coinbase Launch NFT Marketplace, Binance.US Quits Blockchain Association; Commerzbank Applies for Crypto License; Buterin Is Losing Influence in Ethereum

Click here to read our crypto flipsider.

Continue reading Crypto Flipsider News – U.S. Sanctions BitRiver, Russia to Use Crypto for Payments; Coinbase Launch NFT Marketplace, Binance.US Quits Blockchain Association; Commerzbank Applies for Crypto License; Buterin Is Losing Influence in Ethereum at DailyCoin.com.

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Russia bans crypto mining for 6 years in 10 regions

Russias key crypto mining regions like Irkutsk will enforce seasonal mining restrictions instead of originally proposed complete bans.

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Russia plans to restrict crypto mining in 13 regions to save electricity

If approved, the restrictions would seriously affect Russias crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.

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Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the amount of power devoted to the sector has been growing, reaching record highs this year. 1 GW of Electrical Power Involved in Crypto Mining in [...]

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