... AI The decline in mining profitability following the halving has prompted public western mining companies to reassess their strategies. In 2022–2023, many of them accumulated Bitcoin on their balance sheets, anticipating a price increase. However, ... ... dwindling profitability. This was confirmed by financial reports: for instance, mid-tier companies like CleanSpark regularly sold mined Bitcoin to fund operational expenses and purchase new equipment. This strategy allowed them to expand their hash rate even ...

... remain one of the largest "hodlers" among miners, although it makes results more dependent on stock market conditions. Strategies of Other Major Miners: CleanSpark, Hut 8, Bitfarms Riot and Marathon are not the only public miners adapting their ... ... new production with the buildup of long-term reserves,” rather than fully retaining all produced BTC. In March, CleanSpark mined 706 BTC and sold only 14 BTC from this amount, but starting in April, the share of sold coins will increase. Nonetheless,...

... will explore the key aspects of the amendments and analyze their impact on the Russian cryptocurrency market and investment strategies. Key Provisions of the Amendments Recognition of Digital Currency as Property Under the new regulations, digital currency ... ... 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 ...

... various regions of Russia, making it one of the largest participants in the non-ferrous metallurgy industry. Gai Mining and Processing Plant (GOK): Located in the Orenburg Region, Gai Mining and Processing Plant is one of the company's key assets. It mines and processes copper ore, which is the basis for the production of copper cathode. In recent years, the enterprise has undergone major modernization: Digitalization of processes: Implementation of automated control systems that allow monitoring ...

... obligations Cryptocurrency mining is now subject to taxation according to the following principles: Value assessment The value of the mined cryptocurrency is determined by market quotes on foreign exchanges. The taxpayer independently selects the platform for ... ... self-employed tax. How will the changes affect the market? For investors and traders Transparent tax rules allow you to better plan your strategies. It is important to consider that cryptocurrency income is now treated equally with securities, which simplifies their ...