Despite the erratic cryptocurrency price movements, a recent Kommersant story claims that purchases of Bitcoin mining equipment rose in the nation during the fourth quarter. A spike in demand helped to reinforce this trend.
The most recent change occurred after the Bank of Russia and the Russian Federation’s Ministry of Finance reached an agreement to allow cryptocurrency mining in places with plenty of electricity and to outlaw it in areas with little or no energy.
Founded in 2022, Cryptozia is a news network covering news and events of the crypto space and the indispensable blockchain technology. It evolved with the aim to cater top-notch, authentic, and compelling stories to crypto enthusiasts.
Disclaimer: As much as the profit from trading as well as loss, you should take it into account. You are the only one responsible for your trading decisions. We only provide you market news and we don't responsible for your decisions.
© Copyright - Cryptozia News by Cryptozia
