Russia has legalized Bitcoin and cryptocurrency mining inside the country and will establish regulatory oversight for the newly legalized mining industry.
Victoria
link
fedilink
121M

it was forbidden before?

Sonori
link
fedilink
171M

They banned it after it kept driving up energy prices.

I wonder how quickly they reverse this decision if Ukraine manages to reach a certain nuclear power plant in a certain formerly Russian-controlled territory.

lemmyvore
link
fedilink
English
21M

I doubt they intend to mine it. For the Russian state is easier to acquire Bitcoin by hacking wallets than mining, and the plebs can’t afford the electricity.

Create a post

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

  • 1 user online
  • 144 users / day
  • 275 users / week
  • 709 users / month
  • 2.87K users / 6 months
  • 1 subscriber
  • 3.09K Posts
  • 64.9K Comments
  • Modlog