RATE Group | Projects for Two Mining Pools Under Development in Russia
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Projects for Two Mining Pools Under Development in Russia

09 Sep Projects for Two Mining Pools Under Development in Russia

Posted at 10:11h in Bitcoin News by

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Russia Developing Own Mining Pools

Mining

The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with an estimated 70,000 enterprises currently operating in the field, according to the organization. Miners are taking advantage of the cheap electrical energy produced in Russia. Many companies believe it’s time to legalize all activities and set universal standards in the sector.    

Also read: Ukrainians Advised to Pay 19.5% Tax on Crypto Incomes

Russian Pools to Offer Alternative to Local Miners

Russia Developing Own Mining Pools The Russian Association of Cryptoindustry and Blockchain, the organization representing the interests of crypto businesses, has been involved in a number of…

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