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3232Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
https://www.digit.info/russian-bitcoin-mining-assessed-amid-conflict-with-ukraine-large-eth-pool-cancels-service-to-russia/
Fri, 25 Feb 2022 17:30:41 +0000https://www.digit.info/2022/02/25/russian-bitcoin-mining-assessed-amid-conflict-with-ukraine-large-eth-pool-cancels-service-to-russia/Read more]]>With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced it has halted services to Russia entirely. “We apologize to our Russian miners; […]
]]>Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
https://www.digit.info/russian-oil-giant-provides-excess-gas-to-operations-powering-bitcoin-mining-devices/
Sun, 10 Jan 2021 07:00:17 +0000https://www.digit.info/2021/01/10/russian-oil-giant-provides-excess-gas-to-operations-powering-bitcoin-mining-devices/Read more]]>The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas by mining bitcoin on-site at the oil field. […]