• bitcoinBitcoin (BTC) $ 97,708.00
  • ethereumEthereum (ETH) $ 2,725.72
  • xrpXRP (XRP) $ 2.81
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 198.78
  • bnbBNB (BNB) $ 661.03
  • usd-coinUSDC (USDC) $ 0.999970
  • dogecoinDogecoin (DOGE) $ 0.278704
  • cardanoCardano (ADA) $ 0.807379
  • staked-etherLido Staked Ether (STETH) $ 2,723.42
  • tronTRON (TRX) $ 0.232266
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,613.00
  • chainlinkChainlink (LINK) $ 19.46
  • stellarStellar (XLM) $ 0.362092
  • avalanche-2Avalanche (AVAX) $ 26.82
  • suiSui (SUI) $ 3.57
  • wrapped-stethWrapped stETH (WSTETH) $ 3,251.27
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • hedera-hashgraphHedera (HBAR) $ 0.236853
  • litecoinLitecoin (LTC) $ 128.68
  • the-open-networkToncoin (TON) $ 3.86
  • leo-tokenLEO Token (LEO) $ 9.83
  • hyperliquidHyperliquid (HYPE) $ 26.45
  • usdsUSDS (USDS) $ 1.00
  • wethWETH (WETH) $ 2,724.44
  • polkadotPolkadot (DOT) $ 5.19
  • mantra-daoMANTRA (OM) $ 7.08
  • bitcoin-cashBitcoin Cash (BCH) $ 344.29
  • bitget-tokenBitget Token (BGB) $ 5.41
  • uniswapUniswap (UNI) $ 10.06
  • ethena-usdeEthena USDe (USDE) $ 0.999471
  • wrapped-eethWrapped eETH (WEETH) $ 2,885.94
  • official-trumpOfficial Trump (TRUMP) $ 21.78
  • pepePepe (PEPE) $ 0.000010
  • moneroMonero (XMR) $ 232.45
  • nearNEAR Protocol (NEAR) $ 3.55
  • ondo-financeOndo (ONDO) $ 1.33
  • aaveAave (AAVE) $ 261.95
  • whitebitWhiteBIT Coin (WBT) $ 27.07
  • aptosAptos (APT) $ 6.13
  • mantleMantle (MNT) $ 1.04
  • daiDai (DAI) $ 0.999992
  • internet-computerInternet Computer (ICP) $ 7.26
  • susdssUSDS (SUSDS) $ 1.04
  • bittensorBittensor (TAO) $ 392.90
  • ethereum-classicEthereum Classic (ETC) $ 21.40
  • okbOKB (OKB) $ 51.82
  • gatechain-tokenGate (GT) $ 23.60
  • vechainVeChain (VET) $ 0.035493
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.324717
  • kaspaKaspa (KAS) $ 0.106912
  • algorandAlgorand (ALGO) $ 0.299441
  • jupiter-exchange-solanaJupiter (JUP) $ 0.951608
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,738.00
  • crypto-com-chainCronos (CRO) $ 0.091142
  • render-tokenRender (RENDER) $ 4.78
  • tokenize-xchangeTokenize Xchange (TKX) $ 30.16
  • filecoinFilecoin (FIL) $ 3.55
  • cosmosCosmos Hub (ATOM) $ 5.01
  • arbitrumArbitrum (ARB) $ 0.495477
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.806714
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997422
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,843.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.552614
  • fasttokenFasttoken (FTN) $ 3.94
  • celestiaCelestia (TIA) $ 3.19
  • lido-daoLido DAO (LDO) $ 1.86
  • raydiumRaydium (RAY) $ 5.70
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,722.40
  • binance-staked-solBinance Staked SOL (BNSOL) $ 205.61
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,821.96
  • optimismOptimism (OP) $ 1.15
  • xdce-crowd-saleXDC Network (XDC) $ 0.099338
  • kucoin-sharesKuCoin (KCS) $ 12.30
  • ethenaEthena (ENA) $ 0.478618
  • injective-protocolInjective (INJ) $ 15.26
  • blockstackStacks (STX) $ 0.983970
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,487.00
  • bonkBonk (BONK) $ 0.000019
  • immutable-xImmutable (IMX) $ 0.821842
  • theta-tokenTheta Network (THETA) $ 1.42
  • movementMovement (MOVE) $ 0.588225
  • quant-networkQuant (QNT) $ 96.82
  • the-graphThe Graph (GRT) $ 0.143982
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,056.38
  • nexoNEXO (NEXO) $ 1.37
  • worldcoin-wldWorldcoin (WLD) $ 1.29
  • flare-networksFlare (FLR) $ 0.021654
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,876.42
  • usual-usdUsual USD (USD0) $ 0.997378
  • sei-networkSei (SEI) $ 0.243493
  • jasmycoinJasmyCoin (JASMY) $ 0.023359
  • galaGALA (GALA) $ 0.024593
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 97,096.00
  • eosEOS (EOS) $ 0.669929
  • dexeDeXe (DEXE) $ 17.73
  • the-sandboxThe Sandbox (SAND) $ 0.409001
  • msolMarinade Staked SOL (MSOL) $ 251.78
  • flokiFLOKI (FLOKI) $ 0.000102
  • tezosTezos (XTZ) $ 0.917679
  • jito-governance-tokenJito (JTO) $ 3.20
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.41
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.40
  • iotaIOTA (IOTA) $ 0.247154
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,822.83
  • bittorrentBitTorrent (BTT) $ 0.00000088
  • makerMaker (MKR) $ 1,008.42
  • flowFlow (FLOW) $ 0.531506
  • wbnbWrapped BNB (WBNB) $ 660.32
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 215.72
  • pyth-networkPyth Network (PYTH) $ 0.225834
  • telcoinTelcoin (TEL) $ 0.010435
  • neoNEO (NEO) $ 11.48
  • bitcoin-svBitcoin SV (BSV) $ 39.99
  • kaiaKaia (KAIA) $ 0.134201
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,503.00
  • roninRonin (RON) $ 1.27
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.53
  • spx6900SPX6900 (SPX) $ 0.804800
  • usddUSDD (USDD) $ 1.00
  • axie-infinityAxie Infinity (AXS) $ 4.54
  • chain-2Onyxcoin (XCN) $ 0.022073
  • dogwifcoindogwifhat (WIF) $ 0.716353
  • tether-goldTether Gold (XAUT) $ 2,885.69
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.278179
  • heliumHelium (HNT) $ 3.95
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,876.77
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010801
  • curve-dao-tokenCurve DAO (CRV) $ 0.527938
  • aerodrome-financeAerodrome Finance (AERO) $ 0.851181
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,727.43
  • elrond-erd-2MultiversX (EGLD) $ 23.40
  • decentralandDecentraland (MANA) $ 0.340612
  • fraxFrax (FRAX) $ 0.996433
  • arweaveArweave (AR) $ 9.67
  • berachain-beraBerachain (BERA) $ 5.86
  • paypal-usdPayPal USD (PYUSD) $ 0.999883
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999492
  • pendlePendle (PENDLE) $ 3.74
  • starknetStarknet (STRK) $ 0.238791
  • pax-goldPAX Gold (PAXG) $ 2,908.04
  • dydx-chaindYdX (DYDX) $ 0.817587
  • conflux-tokenConflux (CFX) $ 0.120667
  • beam-2Beam (BEAM) $ 0.011183
  • matic-networkPolygon (MATIC) $ 0.324750
  • chilizChiliz (CHZ) $ 0.061167
  • resolv-usrResolv USR (USR) $ 1.00
  • pumpbtcpumpBTC (PUMPBTC) $ 94,776.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,723.76
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,720.44
  • coredaoorgCore (CORE) $ 0.555954
  • meowMEOW (MEOW) $ 0.006114
  • insurance-2INSURANCE (INSURANCE) $ 29.11
  • aioz-networkAIOZ Network (AIOZ) $ 0.466183
  • apecoinApeCoin (APE) $ 0.742066
  • zcashZcash (ZEC) $ 33.51
  • ecasheCash (XEC) $ 0.000027
  • wormholeWormhole (W) $ 0.184228
  • kavaKava (KAVA) $ 0.486722
  • beldexBeldex (BDX) $ 0.075105
  • ai16zai16z (AI16Z) $ 0.469294
  • compound-governance-tokenCompound (COMP) $ 57.98
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008986
  • newton-projectAB DAO (AB) $ 0.011105
  • true-usdTrueUSD (TUSD) $ 0.998270
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 97,769.00
  • amp-tokenAmp (AMP) $ 0.005801
  • clbtcclBTC (CLBTC) $ 97,555.00
  • morphoMorpho (MORPHO) $ 2.16
  • thorchainTHORChain (RUNE) $ 1.38
  • fartcoinFartcoin (FARTCOIN) $ 0.477146
  • akash-networkAkash Network (AKT) $ 1.93
  • based-brettBrett (BRETT) $ 0.046653
  • gnosisGnosis (GNO) $ 176.62
  • story-2Story (IP) $ 1.82
  • tbtctBTC (TBTC) $ 97,597.00
  • axelarAxelar (AXL) $ 0.494401
  • quantixaiQuantixAI (QAI) $ 85.50
  • mina-protocolMina Protocol (MINA) $ 0.363503
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000080
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,708.86
  • chex-tokenCHEX Token (CHEX) $ 0.434998
  • apenftAPENFT (NFT) $ 0.00000044
  • eigenlayerEigenlayer (EIGEN) $ 1.75
  • deepDeepBook (DEEP) $ 0.170528
  • olympusOlympus (OHM) $ 25.86
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.01
  • grassGrass (GRASS) $ 1.69
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,970.86
  • super-oethSuper OETH (SUPEROETHB) $ 2,724.18
  • zksyncZKsync (ZK) $ 0.111323
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • usdbUSDB (USDB) $ 1.00
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,724.95
  • verus-coinVerus (VRSC) $ 4.99
  • 1inch1inch (1INCH) $ 0.271539
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • echelon-primeEchelon Prime (PRIME) $ 6.86

Demand for crypto mining equipment surges 3x in Russia’s booming market

0 7

Demand for crypto mining equipment surges 3x in Russia’s booming market

Russia’s crypto mining sector is booming, with demand for equipment tripling in just a year. What’s behind this rapid growth?

According to a latest report from the Russian news agency PRIME, in Q4 2024, Russia saw a threefold increase in demand for industrial mining equipment and services compared to the same period the year before.

This growth aligns with legislative changes introduced by President Vladimir Putin in the summer of 2024. Under the new laws, which came into effect on November 1, 2024, businesses and individual entrepreneurs can engage in crypto mining once they are officially registered in the national miners’ registry.

Under the new regulations, both legal organizations and private entrepreneurs can engage in mining after registering in the government database. Individual miners are not required to register as long as their monthly energy consumption does not exceed 6,000 kWh. However, if they surpass this threshold, they must officially register as business owners.

Sergey Bezdelov, the director of the Association of Industrial Mining, noted that these regulatory adjustments have not only clarified the legal parameters for mining but have also established it as a reliable source of income, thereby expanding the industry’s potential and trustworthiness within the economy.

You might also like: Vladimir Putin: Bitcoin can’t be stopped

However, as the industry grows, the Russian government is introducing new restrictions to manage energy consumption across various sectors. A draft resolution published by the government proposes a ban on mining in certain regions from January 1, 2025, to March 15, 2031.

This ban will affect areas such as Dagestan, Chechnya, and Ingushetia, as well as specific locations in Irkutsk, Buryatia, and Zabaikalsky Krai, especially during peak energy demand periods.

The government has cited energy shortages and price disparities as key reasons for these restrictions. In subsidized regions with low electricity rates, miners have placed colossal strain on local power grids. Moreover, on November 18, 2024, Russia introduced a 15% tax on profits from Bitcoin mining.

Industry experts, including Bezdelov, suggest that investors consider allocating up to 5% of their portfolios to crypto mining. Bezdelov views mining as a viable diversification strategy, offering potential long-term stability and returns, even in a market known for its volatility.

You might also like: Lawmaker warns crypto miners in Chechnya will be treated like terrorists in 2025

Source

Leave A Reply

Your email address will not be published.