Russia's First Deputy Prime Minister Igor Shuvalov has revealed that discussions are underway regarding the creation of government centers for cryptocurrency mining, according to local publications.
The Russian First Deputy Prime Minister Igor Shuvalov, who is the most senior member of the cabinet besides the Prime Minister, reportedly said that his government is discussing the creation of government centers for mining cryptocurrency, RBC reported last week.
Regarding cryptocurrency mining, "We talked about the future of this sector in Russia, given that it is developing so rapidly in the world," he said.
RMC is a company co-owned by one of Vladimir Putin's advisors, internet ombudsman Dmitry Marinichev, who said that "Russia has the potential to reach up to 30 percent share in global cryptocurrency mining in the future."
Ethereum Foundation supervisory board member Vladislav Martynov explained that "The growing interest in mining in Russia is due to the fact that there is an excess of electricity in the country and it is cheap enough."
Do you think the Russian government will go through with setting up cryptocurrency mining centers? Let us know in the comments section below.
Tag: Global Advisors. Home; Recent Posts. Nowhere to run… Nowhere to hide September 21, 2020; A Professor, Prop Trader, & Risk Manager Walk Into a Bar, with Victor Canto September 17, 2020; Election Volatility is Here and Most Intense Than Ever September 15, 2020; Popular Posts. Nowhere to run… Nowhere to hide; A Professor, Prop Trader, & Risk Manager Walk Into a Bar, with Victor Canto ... A company co-owned by one of President Vladimir Putin’s internet advisers plans to raise the cryptocurrency equivalent of as much as $100 million in a push to help Russian entrepreneurs ... Check out Bitcoin Asia (BTCA). It's a decentralized peer to peer cryptocurrency for Travel And Tourism Industry. The token holders will be rewarded with various benefits on travel and tourism products. Bitcoin Asia (BTCA) can be used to book an entire vacation with cryptocurrency for Asia Continent. ALLIANZ RCM GLOBAL EMERGING MARKETS EQUITY A EUR: Alles zum Fonds, Realtime-Kurs, Chart, Nachrichten, Chartanalysen und vieles mehr. Managed Futures are alternative investments which rely on professional investment managers known as Commodity Trading Advisors (CTAs), who specialize in trading exchange traded futures contracts both long and short in markets across the world. Why Managed Futures/Global Macro. Performance when stocks are down; And when stocks are up; Tactical commodity exposure; Transparency; Liquidity ...
[index]          
Ethereum 2.0 LIVE - Blockchain & Exchange, Finance, Investments 2020 and the Future of ETH Ethereum 2.0 Global 27,316 watching Live now LIVE FOREX TRADING (LONDON Session) Free Education SEAD FX ... Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see ... Tom Lee, managing partner and head of research at Fundstrat Global Advisors, joins "Squawk Box" to discuss Bitcoin's latest rally in the beginning of April. Jan.24 -- Fundstrat Global Advisors Head of Research Tom Lee discusses Bitcoin and how to value cryptocurrencies on "What'd You Miss?" BITCOIN is quiet….too quiet. But Big MOVEs are being made by big players. Does this mean a BTC Pump Soon!? Coinbase, Xapo & a 633 million dollar bitcoin tran...