... from mining will be valued at market price at the time of receipt. This assessment allows for a more accurate determination of taxable income derived from mining. Taxation of Mining Income and Expense Deductions Income in the form of cryptocurrency mined will be accounted for as it is received, with tax calculated based on the market value of the cryptocurrency at the time of mining. The law also allows for a reduction of the taxable base by the amount of incurred expenses, helping miners partially ...

... engaged. In other words, some miners either temporarily shut down their equipment or exited the game – likely due to diminishing profitability. However, this drop in difficulty has a positive side: remaining active miners now find it somewhat easier to mine new blocks. The BTC difficulty reassessment acts as a sort of “auto-balance” for the network’s economy, softening the impacts of sharp fluctuations in hash rate. In this instance, the decrease in difficulty provides miners with a brief respite ...

Mining giant Riot Platforms has sold a portion of its mined Bitcoin for the first time in 15 months, breaking its hitherto holding strategy. Why are miners changing their approach, and how will this affect BTC prices? Read the analysis complete with tables and forecasts. Riot Platforms Sells BTC for the ...

... explore what specifically awaits the market and how this will affect users and investors. Infrastructure for Cryptocurrency Sales in Russia — What Awaits the Market in 2025 In Russia, the need for a transparent national infrastructure for the sale of mined cryptocurrency has become pressing. This was stated by Daniil Egorov, head of the Federal Tax Service (FTS), at the St. Petersburg International Economic Forum (SPIEF-2025). He indicated that legal miners are currently forced to either seek unofficial ...

Polyus invested RUB 102.7 billion in 2023 in gold mining development, environmental projects, and automation. Find out how Russia's largest gold miner is modernizing its assets, introducing innovations, and strengthening its position in the global market. Where is Polymetal Investing? Public Joint Stock Company "Polymetal" is a leading gold mining company in Russia and one of the largest in the world, specializing in the exploration, extraction, and processing of gold. The company is...