Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba

Constant Blackouts Have Ruined Cryptocurrency Mining Investments in CubaSeveral small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts also affect telecommunications, leaving some of these operations that rely on off-grid power plants without the internet needed to complete mining tasks. Cryptocurrency Mining in Cuba Not […]

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Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

Russia and Cuba Eye Cryptocurrencies for Settlements Amid SanctionsBoth facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion of Ukraine. Crypto and Ruble Considered for Payments in Trade Between Russia and Cuba The […]

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