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Market Cap:
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Cryptopolitan
2023-05-08 11:18:30

Russia poised to capture 18% of global Bitcoin hashrate amid crypto miner exodus

Russia poised to capture 18% of global Bitcoin hashrate amid crypto miner exodus

As regulatory pressures, tax burdens, and energy costs rise in countries like the U.S. and Kazakhstan, experts predict a significant migration of crypto miners to Russia. According to Russian analysts, the country could potentially capture up to 18% of the global Bitcoin hashrate under such circumstances. Russia’s appeal to crypto miners grows Crypto mining industry ... Read more

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