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Mining Hardware Thief Gets 3-Year Sentence in Russia
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Russian Bitcoin Mining Granny Is Bullish on the Industry’s Future
A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future. Also read: Skeptical Payoneer CEO […]
The post Russian Bitcoin Mining Granny Is Bullish on the Industry’s Future appeared first on Bitcoin News.
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Church Mining Cryptocurrency Told to Pay Higher Electricity Rates
The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises. ‘Grace’, the religious organization of the local evangelical community, has been taking […]
The post Church Mining Cryptocurrency Told to Pay Higher Electricity Rates appeared first on Bitcoin News.
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Large Glassware Plant in Siberia to Mine Bitcoin
The largest glass manufacturing plant in Siberia may soon start minting bitcoins. The management of the factory in Novosibirsk announced plans to invest in a mining farm. 11 million rubles will be spent in the first phase of the project to utilize surplus electricity and make use of empty spaces. Also read: Bitmain Opens Repair […]
The post Large Glassware Plant in Siberia to Mine Bitcoin appeared first on Bitcoin News.
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