5 Comments

  1. coinfeeds-bot on

    tldr; Russian President Vladimir Putin has signed a law that legalizes cryptocurrency mining in Russia. The legislation introduces concepts such as digital currency mining, mining pools, and mining infrastructure operators, and specifies that mining is part of economic turnover. Only Russian legal entities and individual entrepreneurs in a specific register can mine cryptocurrency, though individuals can mine within government energy limits without registration. The law also permits trading of foreign digital assets on Russian platforms and gives the Bank of Russia authority to ban digital asset issues threatening financial stability. It will be effective ten days after publication.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. InclineDumbbellPress on

    But but what about electricity costs ( ͡° ͜ʖ ͡° )

  3. The guy waited until it became way less profitable before making this decision lmao

  4. IsThereAnythingLeft- on

    As of the carbon footprint of mining wasn’t bad enough

  5. If your enemy nation is talking about owning Bitcoin, secure what controls Bitcoin.

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