Tag: crypto miners

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Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say

May 8, 2023 Jimmy Rivera

Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe.…

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Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

May 5, 2023 Jimmy Rivera

The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that…

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