Putin: Russia Has ‘Advantages’ In Bitcoin Mining

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Russian President Vladimir Putin on Wednesday said the country has distinctive characteristics that allow it to benefit from bitcoin mining. Putin also asked the Bank of Russia to reach a consensus with the country’s Ministry of Finance. The central bank last week called for a complete ban of the activity in the country as it worries cryptocurrencies could pose risks to its citizens. Russia rose to the third spot in the list of countries with the highest share of hashrate in the Bitcoin network last year after China banned the asset and its underlying mining industry.

Source: https://bitcoinmagazine.com/markets/puti...oin-mining

 

 

                                                      
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