CryptoMining

The Russian government is tightening its grip on cryptocurrency mining with sweeping new regulations aimed at curbing illegal activity, reducing energy strain, and boosting control.

Following a cabinet meeting led by Deputy Prime Minister Alexander Novak, the Ministry of Energy has been tasked with finalizing a framework that targets unauthorized mining operations and unregistered consumption.

Key Measures Being Introduced:
• Remote Power Disconnection: Authorities will gain the ability to remotely cut off mining farms during peak electricity demand or energy shortages.
• Harsher Penalties: Violators of mining bans, illegal grid connections, and electricity theft will face increased legal and financial consequences.
• Low-Priority Power Status: Miners will be classified in a new “fourth-tier consumer” category, meaning reduced supply reliability.
• Redistribution of Power: Energy saved from curbing mining will be rerouted to socially critical infrastructure like hospitals and schools.

President Vladimir Putin acknowledged the unintended consequences of mining growth at a recent economic forum:

“We had surpluses in some regions… then they began mining. We had to act.”

Additional Proposals Underway:
• Mandatory Registration: Mining equipment imports may soon require labeling and certification, with plans for a national device register.
• Tax Surveillance: The Federal Tax Service, Energy Ministry, and Ministry of Digital Development are collaborating to identify miners based on electricity usage.
• Partial Bans Already Active: Over a dozen regions — including parts of Siberia, North Caucasus, and occupied Ukraine — are under partial or full mining bans, some extended to six-year prohibitions.

Although cryptocurrency mining was legalized in 2024, fewer than one-third of commercial miners have registered with the tax authorities. While amateur miners under 6,000 kWh/month are currently exempt, enforcement is increasing.

In June, Rosseti, Russia’s main grid operator, announced a partnership with telecom companies to track illegal mining using internet traffic data.

Outlook:

Russia’s evolving stance reflects a global trend toward tighter regulation of crypto mining, especially in energy-stressed economies. The new framework is expected to be finalized and begin rollout by the end of Q3 2025.

📅 July 17, 2025 | New York, USA
In a twist that combines extreme speculation, meme nostalgia, and mining ambition, a penny stock-listed crypto mining company has just secured up to $500 million in funding to create nothing less than a corporate Dogecoin (DOGE) treasury. The move, revealed today by The Block, confirms that the meme-coin phenomenon is far from dead and that some high-risk players are willing to bet big… even as Wall Street raises eyebrows.
Who's behind this madness?
According to The Block, the company—whose name has not been disclosed in detail but operates under OTC listings and secondary exchanges—has managed to close financing agreements with several private investors willing to inject fresh capital in exchange for direct exposure to Dogecoin and the company's mining capacity.
The plan is twofold:
1️⃣ Use part of the money to expand its Bitcoin mining and other proof-of-work operations.
2️⃣ Allocate a significant portion—which could exceed $200 million—to purchase, custody, and hold Dogecoin as a reserve asset, becoming one of the largest corporate holders of DOGE.
The CEO stated that his goal is “to turn Dogecoin into a strategic treasury reserve, just as MicroStrategy did with Bitcoin, but with the unique appeal of the meme community and its potential for mass adoption in everyday payments.”
A MicroStrategy version of Doge?
Comparisons to MicroStrategy, the firm led by Michael Saylor that staked its corporate balance sheet on Bitcoin, are inevitable. But the context here is radically different: Dogecoin doesn't have a limited maximum supply like BTC, and its issuance is inflationary by design. Even so, its proponents point to its cultural power, its use as a tipping currency and for quick payments, and the symbolic backing of figures like Elon Musk, who continues to tweet about DOGE whenever he can stir up the markets.
The plan is not without risks: the company is still a penny stock, subject to high volatility and regulatory scrutiny. Furthermore, Dogecoin's volatility is notorious: rises and falls of more than 30% in a matter of days are not uncommon, especially when memes or influencer tweets go viral.
But for its executives, this is the perfect time to take advantage of the meme-coin bull market, as retail and some institutional investors once again look to DOGE as a speculative reserve for high-risk bets.
Topic Opinion:
This is a move as bold as it is absurd… and for that very reason, fascinating. Betting hundreds of millions on Dogecoin in 2025 isn't just a financial strategy: it's a viral marketing maneuver to capture the attention of speculators and young shareholders who see DOGE as more than just a meme.
The key question is whether this strategy can be sustained over time. Dogecoin remains an inflationary asset, with no clear scalability roadmap or strong institutional narrative like BTC or ETH. Turning it into a corporate treasury is, literally, a meme on the books.
But we live in an era where memes move markets and where absurdity, when executed well, becomes the dominant narrative. Guaranteed failure or masterstroke? The market will decide.
💬Would you invest in a penny stock that buys Dogecoin for its treasury?
Leave your comment...
#Dogecoin‬⁩ #CryptoMining #memecoin🚀🚀🚀 #ElonMusk #CryptoNews $DOGE

KULR Technology Group, Inc. (NYSE American: KULR), що позиціонує себе як "Bitcoin First Company", оголосила про значне розширення своїх операцій із майнінгу біткоїнів. Компанія успішно розгорнула 3570 сучасних машин Bitmain S19 XP 140T в Асунсьйоні, Парагвай, підвищивши свою загальну операційну потужність до 750 (PH/s) на різних майданчиках. Цей крок є частиною стратегії KULR, яка поєднує майнінг та купівлю біткоїнів для ефективного накопичення $BTC
Вибір Парагваю зумовлений доступом до дешевої гідроелектричної енергії, зокрема від греблі Ітайпу, що дозволяє KULR знижувати витрати та підтримувати екологічно орієнтований підхід до майнінгу. Компанія також уклала стратегічне партнерство з американською біржовою компанією, уклавши угоди про лізинг ASIC-майнерів та консультування з управління майнінгом і казначейством.
KULR планує досягти 1.25 EH/s до кінця літа, що підкреслює амбітні плани щодо масштабування. Крім того, компанія отримала кредитну лінію на $20 млн від Coinbase для подальшого розширення. Ця стратегія зміцнює позиції KULR на ринку криптовалют, демонструючи інноваційний підхід до управління активами.
Слідкуйте за новинами про майнінг та інновації! Підписуйтесь на #MiningUpdates , щоб бути в курсі!
#bitcoin #CryptoMining #KULR #blockchain #SustainableEnergy #ParaguayMining #BTC #CryptoNews

The Russian government is preparing a legislative shift that could significantly impact the cryptocurrency sector. A new draft law, initiated under President Vladimir Putin’s directive, seeks to ban the mining of digital currencies in data centers—aiming to free up computing power for artificial intelligence and digitalization projects.

🔹 Crypto Miners Under Pressure as AI Becomes a National Priority
Lawmakers have added key provisions to the draft bill—designed to accelerate the development of data processing centers (DPCs)—that would prohibit crypto miners from operating within these facilities. Miners will be denied access to cheap electricity, which is currently being offered as an incentive to DPC operators.
This move is intended to block cryptocurrency companies from claiming state-backed benefits, particularly during a time when Russia seeks to channel all available energy resources into strategic technological goals like AI.

🔹 New Definition for Data Centers in Russian Legislation
The proposal redefines a data center not merely as a “server room” but as a formal communications facility. These will need to be registered with the Ministry of Digital Development, Communications and Mass Media. Once registered, DPCs will be strictly prohibited from hosting mining equipment or engaging in crypto-related activities.
According to official sources, the bill is expected to pass its second reading in the State Duma by the end of this month.

🔹 Diverging Treatment of Crypto and AI Infrastructure
While data centers enjoy institutional support following a 2020 presidential order, the crypto industry is facing increasingly restrictive policies. Even though Russia legalized crypto mining in 2024, it simultaneously allowed regional authorities to impose local bans—which have already taken effect in over a dozen territories.
Regional governors, especially in areas like Irkutsk, have complained about mining operations consuming vast amounts of subsidized electricity. Speaking at a recent development forum, President Putin said:

“We used to be glad we had electricity surpluses. Then mining started, and governors began complaining. We had to act.”

🔹 The Law May Hurt Data Centers as Well
Experts warn that if passed in its current form, the law could damage not just miners but also data center operators. Blockchain and energy analyst Oleg Ogienko explains that many Russian DPCs host mining hardware on-site, and banning such activity could cause significant financial losses.
He cited the example of Russia’s largest data center in the Irkutsk region, run by mining giant BitRiver, which would be heavily impacted. Ogienko also warned that removing mining as a revenue source might slow down the broader digital infrastructure expansion, as many operators rely on it to fund their facilities.

📌 Summary:

Russia is clearly shifting focus toward state-led digital infrastructure and AI development at the expense of cryptocurrency mining. If passed, this law would reshape the operational landscape for both crypto miners and data centers, marking another major regulatory step in Russia’s evolving crypto policy.

#CryptoMining , #bitcoin , #crypto , #Regulation , #CryptoNews

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Криптовалютний ринок сколихнула новина: уряд Бутану здійснив значний переказ біткоїнів на суму 23,7 мільйона доларів на платформу Binance. Ця транзакція, зафіксована 10 липня 2025 року, включає 213 501 $BTC , що стало черговим кроком у серії переказів, які тривають уже два тижні. Бутан, відомий як один із лідерів у сфері майнінгу біткоїнів завдяки доступу до гідроенергії, продовжує демонструвати активну участь у криптовалютному просторі. Експерти припускають, що такі дії можуть свідчити про стратегію продажу активів або їхнє переміщення для подальших операцій.
Ця подія привернула увагу світової спільноти, адже Бутан зберігає значні резерви біткоїнів, оцінені в понад 1,2 мільярда доларів. Binance, як найбільша криптовалютна біржа, залишається ключовим майданчиком для таких транзакцій. Поки офіційних коментарів від уряду Бутану немає, аналітики стежать за можливими ринковими наслідками.
Дізнавайтеся більше про криптовалютні тренди та майнінг! Слідкуйте за актуальними новинами, підписавшись на #MiningUpdates .
#BitcoinNews #CryptoMarket #BinanceUpdate #BlockchainTrends #CryptoMining
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