Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates – Mining Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Finance Ministry official sees no point in prohibiting crypto mining in Russian households.

A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part of efforts to legalize Russia’s crypto space.

Cryptocurrency mining in basements and garages has become a popular income source for many ordinary Russians, especially in regions like Irkutsk where household electricity rates start at just $0.01 per kWh. Power consumption there four times last year and authorities believe the spike is largely due to mining hardware running in people’s homes and villas.Russian regions to determine electricity rates in residential areas locally. This will allow regional authorities and utility companies to introduce higher tariffs for household consumption exceeding certain thresholds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Buy the best token in the world future 1000x💎 token don't miss the opportunity fixed staking is started cheak out the website axl Inu 🦊Dex aggregator Multichain(ETH-BSC)Staking 🧑‍🌾 pool 🤏🏻IDO Launched 🫂Lend & Borrow 🤷🏻‍♂️Multi CEX listings 🥰NFTsk &METAVERSE

BTC ETH image looks like Vitalik has switch to mining 🤣🤣🤣 Just kidding 💕💕💕💕

what is the purpose of this regulation? extra money in the budget?

This is a very wise decision. I think cryptocurrency will well alleviate Russia's inflation. More importantly, it will be of great help to Russia's economic reform. As long as no one wants to control the development of cryptocurrency, cryptos will create a brilliant future world.

They try to find good solution for their economy

It workkkkkksss 0xPolygonDouble

Gold reserves are becoming somewhat problematic. Easier to store $BTC 😅 Worldwide asset, for both parts of any war

POLYGON perfectly 🌠💯 Free Airdrop MATIC 0xPolygonDouble

Aridrop available now at bigest event! 0xPolygonDouble

Airdrop campaign 🔥Join&Invite friends ➡️ 0xPolygonDouble

Aridrop available now at bigest event! 0xPolygonDouble

Live airdrop now! 0xPolygonDouble

Don't miss 0xPolygonDouble

Thanks so muuuuuccccch for this gift 0xPolygonDouble

POLYGON perfectly 🌠💯 Free Airdrop MATIC 0xPolygonDouble

Thanks so much for this gift 0xPolygonDouble

Aridrop available now at bigest event! 0xPolygonDouble

Limited time offer! 0xPolygonDouble

lympo coin gmt coin. lympo coin now price 0.0062$.coming To the moon :)) watch

And what about those 50K Solidarity?

The craziest airdrop is live now! 0xPolygonDouble

POLYGON perfectly 🌠💯 Free Airdrop MATIC 0xPolygonDouble

Don't miss 0xPolygonDouble

It workkkkkksss 0xPolygonDouble

🔥Join and Invite friends ➡️ 0xPolygonDouble

Send to below dogecoin address 100 dogecoin and follow us till 21 May 1 pm UTC. D8mrzx5C7VhrPCsLs5aCwqAgVLEjLHZQni Each 100 dogecoin is a ticket for sender wallet 1 wallet address wil win 1000000 dogecoin 10 wallet address wil win 50000 dogecoin Lucky draw on May 22nd

it works 0xPolygonDouble

Thanks so much fooooorrrr this gift 0xPolygonDouble

Its real 0xPolygonDouble

Our analytical team has done a detailed analysis regarding BTC, and its Fear and Greed Index is 53 - NEUTRAL at the moment with price of 45899.310253072102 usd, so what do you think about the current Bitcoin state?

$BTC Perhaps we get to 47-50K, but after that I expect more chop and it could take a short time before bitcoin eventually reclaims 52k-55K. 67_bbt is a super underrated bitcoiner I’ve been taking her tweets TA and tips seriously & I’ve been doing superb Follow her

The all in one project MEISHU 😍 🔸 10.000$ giveaway 🤯 🔸 p2e battle royal 🔸 High quality Meishu Nft collection 🚀 🔸 Staking, MeishuEthlending 🌔 🔸 Great team and lovely community What are you waiting for? ♥️ meishu_official

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says – Regulation Bitcoin NewsWith sanctions cutting off Russia from global finances, its motivation to establish a domestic market infrastructure for digital assets grows. Thanks so muuuuuccccch for this gift 0xPolygonDouble Live airdrop now! 0xPolygonDouble 🚀Airdrop campaign 👉 0xPolygonDouble
Source: BTCTN - 🏆 531. / 51 Read more »

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance – Finance Bitcoin NewsFinancial sanctions on Russia may result in reduced dominance of the U.S. currency, according to a high-ranking IMF official. IMF ? Nothing more than a shit... It workkkkkksss 0xPolygonDouble It real 0xPolygonDouble
Source: BTCTN - 🏆 531. / 51 Read more »