⚡ NiceHash will no longer support users from Russia as of November 12
Due to the move to Switzerland, the company will no longer cooperate with miners from Russia.
If you are looking for a pool now - we will be glad to see you with us, as we do not plan to stop cooperating with Russian clients.
#news
Due to the move to Switzerland, the company will no longer cooperate with miners from Russia.
If you are looking for a pool now - we will be glad to see you with us, as we do not plan to stop cooperating with Russian clients.
#news
⚡ More than 50 mining companies have been granted licenses in Kazakhstan
Kazakh authorities have issued licenses to more than 50 companies engaged in cryptocurrency mining. The move is aimed at legalizing and regulating the mining industry in the country, which helps create a stable business environment and ensures that companies meet energy security requirements. Kazakhstan continues to be an important center for mining due to affordable electricity.
#news
Kazakh authorities have issued licenses to more than 50 companies engaged in cryptocurrency mining. The move is aimed at legalizing and regulating the mining industry in the country, which helps create a stable business environment and ensures that companies meet energy security requirements. Kazakhstan continues to be an important center for mining due to affordable electricity.
#news
As of today, mining in Russia has become legal 🎉
We congratulate everyone on this important event for the cryptoindustry!
And for comfortable and convenient mining - join Headframe
We congratulate everyone on this important event for the cryptoindustry!
And for comfortable and convenient mining - join Headframe
Hi! Here's a news digest
⚡️ The law on regulating the circulation of digital currency in the Russian Federation has come into force
As of November Day 1, mining has become legal in Russia.
The legal regulation of digital currencies in Russia creates a more predictable and safe environment for miners and cryptocurrency companies.
⚡️ More than 50 mining companies have received licenses in Kazakhstan
Licensing of mining companies in Kazakhstan contributes to the legalization and streamlining of mining activities, which can increase investor confidence and ensure stability of miners in the region.
⚡️ Another “pseudo-Satoshi”. Stephen Mulla has proclaimed himself the creator of bitcoin
On October 31 in London, a man named Stephen Mulla declared himself Satoshi Nakamoto - the creator of bitcoin. However, he was unable to provide convincing evidence, citing technical problems. Mulla has previously been involved in lawsuits related to cryptocurrency fraud.
⚡️ NiceHash leaves Russia
NiceHash will stop supporting users from Russia as of November 12. Due to the move, the company will stop working with Russian clients.
⚡️ Bhutan government prepares to sell $66 mln worth of bitcoins
Authorities in Bhutan have transferred more than $66 million in bitcoins to the Binance exchange, signaling their intention to sell some of their cryptocurrency reserves. Analysts note that the country's government has been mining for more than five years and has stored about $890 million worth of bitcoins.
⚡️ Bitcoin added 14% in October, but started November with a correction
At the end of October, the price of bitcoin rose by about 14%, reaching $73,620. However, with the beginning of November, quotations moved to a correction, falling below $69,000. Experts note the abnormal demand for the asset from clients of the OTC market, which may affect the further dynamics of the price.
See you next week!
#news
⚡️ The law on regulating the circulation of digital currency in the Russian Federation has come into force
As of November Day 1, mining has become legal in Russia.
The legal regulation of digital currencies in Russia creates a more predictable and safe environment for miners and cryptocurrency companies.
⚡️ More than 50 mining companies have received licenses in Kazakhstan
Licensing of mining companies in Kazakhstan contributes to the legalization and streamlining of mining activities, which can increase investor confidence and ensure stability of miners in the region.
⚡️ Another “pseudo-Satoshi”. Stephen Mulla has proclaimed himself the creator of bitcoin
On October 31 in London, a man named Stephen Mulla declared himself Satoshi Nakamoto - the creator of bitcoin. However, he was unable to provide convincing evidence, citing technical problems. Mulla has previously been involved in lawsuits related to cryptocurrency fraud.
⚡️ NiceHash leaves Russia
NiceHash will stop supporting users from Russia as of November 12. Due to the move, the company will stop working with Russian clients.
⚡️ Bhutan government prepares to sell $66 mln worth of bitcoins
Authorities in Bhutan have transferred more than $66 million in bitcoins to the Binance exchange, signaling their intention to sell some of their cryptocurrency reserves. Analysts note that the country's government has been mining for more than five years and has stored about $890 million worth of bitcoins.
⚡️ Bitcoin added 14% in October, but started November with a correction
At the end of October, the price of bitcoin rose by about 14%, reaching $73,620. However, with the beginning of November, quotations moved to a correction, falling below $69,000. Experts note the abnormal demand for the asset from clients of the OTC market, which may affect the further dynamics of the price.
See you next week!
#news
⚡ Russia sets energy consumption limits for individual miners
The Government of the Russian Federation has approved new requirements regarding energy consumption for individuals engaged in cryptocurrency mining. According to the decree, individuals engaged in mining without registration as individual entrepreneurs (IE) are now limited to a monthly energy consumption limit of 6,000 kWh. If this limit is exceeded, miners will be required to register as IEs to be entered into a special register.
#news
The Government of the Russian Federation has approved new requirements regarding energy consumption for individuals engaged in cryptocurrency mining. According to the decree, individuals engaged in mining without registration as individual entrepreneurs (IE) are now limited to a monthly energy consumption limit of 6,000 kWh. If this limit is exceeded, miners will be required to register as IEs to be entered into a special register.
#news
Bitcoin's mining difficulty has increased by 6.24% 🔼
Current bitcoin network hashrate: 729 EH
#difficulty
Current bitcoin network hashrate: 729 EH
#difficulty
⚡ Bitcoin hits new all-time high of $75,000 amid US elections
On November 6, 2024, the price of bitcoin reached a new all-time high of $75,000. Experts attribute this to the preliminary results of the US presidential election, where Donald Trump is leading with a high probability of victory. The market reacted positively, as investors expect Trump's policies to be favorable for the cryptocurrency sector, which fueled interest in bitcoin and contributed to the growth of its price.
#news
On November 6, 2024, the price of bitcoin reached a new all-time high of $75,000. Experts attribute this to the preliminary results of the US presidential election, where Donald Trump is leading with a high probability of victory. The market reacted positively, as investors expect Trump's policies to be favorable for the cryptocurrency sector, which fueled interest in bitcoin and contributed to the growth of its price.
#news
Manage your income the way you want - because we've built in a shared profitsharing feature .
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On our pool, you can flexibly manage your profitshare terms and conditions, adapting them to your needs - just let our support team know your intentions and objectives.
This allows you to share profits between your own accounts, or with other pool users, creating an environment for teamwork and maximizing shared benefits.
On our pool, you can flexibly manage your profitshare terms and conditions, adapting them to your needs - just let our support team know your intentions and objectives.
⚡ 371 bitcoin miners were seized from a company in Samara
In Samara, law enforcement agencies found an illegal mining farm on the territory of one of the enterprises. According to the Ministry of Internal Affairs, the director of the company installed 371 ASIC-miner, illegally connecting the equipment to the power grid. It is estimated that the enterprise caused damage of over 2 million rubles by consuming over 319,000 kW⋅h of electricity. During the searches, 371 ASIC-miner were seized, as well as equipment for hiding electricity consumption. The damage was compensated, but the case has been sent to court
#news
In Samara, law enforcement agencies found an illegal mining farm on the territory of one of the enterprises. According to the Ministry of Internal Affairs, the director of the company installed 371 ASIC-miner, illegally connecting the equipment to the power grid. It is estimated that the enterprise caused damage of over 2 million rubles by consuming over 319,000 kW⋅h of electricity. During the searches, 371 ASIC-miner were seized, as well as equipment for hiding electricity consumption. The damage was compensated, but the case has been sent to court
#news
Hi! Here is a news digest.
⚡️ Law enforcers forcibly shut down a mining farm in Samara
In Samara, law enforcement agencies discovered an illegal mining farm operating on the territory of one of the enterprises. During the searches 371 ASIC-miner were seized, as well as equipment for hiding the real consumption of electricity. According to the Ministry of Internal Affairs, the enterprise caused damage of over 2 million rubles by consuming over 319,000 kW⋅h of electricity. The director of the company compensated for the damage, but the case has been sent to court.
This case emphasizes the need to comply with legislation in the field of mining. Illegal connection to the power grid and concealment of real consumption can lead to serious legal consequences and financial losses. Miners should operate within the law to avoid such situations.
⚡️ Bitcoin mining complexity exceeds 100 T for the first time in history
On November 5, 2024, the bitcoin mining difficulty increased by 6.24%, reaching a record high of 101.65 T. The average hashrate of the network was 680 EH/s, but is currently back above 720 EH/s. According to Glassnode, on October 31, the network's hash rate peaked at 755.7 EH/s.
⚡️ Unknown men kidnapped WonderFi CEO and extorted $1 million
On November 6, 2024, the CEO of Canadian cryptocurrency company WonderFi, Dean Skurka, was kidnapped in Toronto. The attackers demanded a ransom of $1 million, which Skurka transferred, after which he was released. In a comment to the media, the victim said he was safe and emphasized that customers' funds and data were not affected by the incident.
⚡️ Bitcoin price hits new all-time high near $77,000
On November 8, 2024, the price of bitcoin reached a new all-time high, approaching the $77,000 mark. The price rise came amid a 0.25% cut in interest rates by the US Federal Reserve. However, analysts warn of a possible correction due to the high level of liquidity and the risk of mass liquidations of long positions.
⚡️ Bitcoin whales have accumulated $132 million amid predictions of a Trump victory
According to Lookonchain, large investors known as “whales” have withdrawn more than 1,806 bitcoins worth more than $132 million from the Binance exchange, amid predictions of Donald Trump's victory in the U.S. presidential election, which analysts say could boost interest in risky assets such as bitcoin.
See you next week!
⚡️ Law enforcers forcibly shut down a mining farm in Samara
In Samara, law enforcement agencies discovered an illegal mining farm operating on the territory of one of the enterprises. During the searches 371 ASIC-miner were seized, as well as equipment for hiding the real consumption of electricity. According to the Ministry of Internal Affairs, the enterprise caused damage of over 2 million rubles by consuming over 319,000 kW⋅h of electricity. The director of the company compensated for the damage, but the case has been sent to court.
This case emphasizes the need to comply with legislation in the field of mining. Illegal connection to the power grid and concealment of real consumption can lead to serious legal consequences and financial losses. Miners should operate within the law to avoid such situations.
⚡️ Bitcoin mining complexity exceeds 100 T for the first time in history
On November 5, 2024, the bitcoin mining difficulty increased by 6.24%, reaching a record high of 101.65 T. The average hashrate of the network was 680 EH/s, but is currently back above 720 EH/s. According to Glassnode, on October 31, the network's hash rate peaked at 755.7 EH/s.
⚡️ Unknown men kidnapped WonderFi CEO and extorted $1 million
On November 6, 2024, the CEO of Canadian cryptocurrency company WonderFi, Dean Skurka, was kidnapped in Toronto. The attackers demanded a ransom of $1 million, which Skurka transferred, after which he was released. In a comment to the media, the victim said he was safe and emphasized that customers' funds and data were not affected by the incident.
⚡️ Bitcoin price hits new all-time high near $77,000
On November 8, 2024, the price of bitcoin reached a new all-time high, approaching the $77,000 mark. The price rise came amid a 0.25% cut in interest rates by the US Federal Reserve. However, analysts warn of a possible correction due to the high level of liquidity and the risk of mass liquidations of long positions.
⚡️ Bitcoin whales have accumulated $132 million amid predictions of a Trump victory
According to Lookonchain, large investors known as “whales” have withdrawn more than 1,806 bitcoins worth more than $132 million from the Binance exchange, amid predictions of Donald Trump's victory in the U.S. presidential election, which analysts say could boost interest in risky assets such as bitcoin.
See you next week!
⚡ Tom Lee predicted bitcoin to rise above $100,000 before the end of the year
Tom Lee, co-founder of analytics firm Fundstrat, said that the price of bitcoin could surpass the $100,000 mark before the end of 2024. Lee explained that bitcoin is becoming a more valuable asset in the post-halving period, with reduced regulatory pressure in the U.S. setting the stage for significant growth. Earlier this year, Lee also speculated that bitcoin could reach $500,000 in the next five years.
#news
Tom Lee, co-founder of analytics firm Fundstrat, said that the price of bitcoin could surpass the $100,000 mark before the end of 2024. Lee explained that bitcoin is becoming a more valuable asset in the post-halving period, with reduced regulatory pressure in the U.S. setting the stage for significant growth. Earlier this year, Lee also speculated that bitcoin could reach $500,000 in the next five years.
#news
⚡ Provisions on taxes on bitcoin transactions have been agreed upon in Russia
The Government Commission of the Russian Federation has approved draft amendments on the taxation of cryptocurrency transactions. According to the draft law, cryptocurrency will be treated as property, and for individuals the tax on income from the sale of bitcoin will be from 13% to 22% depending on the amount of income. Legal entities will pay income tax, the rate of which will increase from 20% to 25% in 2025. Cryptocurrency transactions will not be subject to value-added tax (VAT), and citizens will be required to report large transactions exceeding 600,000 rubles to tax authorities.
#news
The Government Commission of the Russian Federation has approved draft amendments on the taxation of cryptocurrency transactions. According to the draft law, cryptocurrency will be treated as property, and for individuals the tax on income from the sale of bitcoin will be from 13% to 22% depending on the amount of income. Legal entities will pay income tax, the rate of which will increase from 20% to 25% in 2025. Cryptocurrency transactions will not be subject to value-added tax (VAT), and citizens will be required to report large transactions exceeding 600,000 rubles to tax authorities.
#news
⚡ Chinese tech giant Nano Labs has started accepting bitcoins as payment
Nano Labs, a Chinese company known for its developments in mining chips, has started accepting bitcoins as payment for its services and products through a business account on Coinbase. The acceptance of bitcoin as payment among major tech companies is contributing to the acceptance of cryptocurrencies as a means of payment.
#news
Nano Labs, a Chinese company known for its developments in mining chips, has started accepting bitcoins as payment for its services and products through a business account on Coinbase. The acceptance of bitcoin as payment among major tech companies is contributing to the acceptance of cryptocurrencies as a means of payment.
#news
Want to earn more without putting in extra effort? 🤭
A referral program is the perfect solution. Invite your friends and colleagues to Headframe and get 10% of the pool commission from each user's mining. It's a simple and effective way to increase your income by doing what you're already doing.
Inviting friends to the pool can be an additional source of stable income without you having to change anything about your job. The more participants you refer, the more your passive income will be. Your referral link is already waiting for you in your personal cabinet)
Join Headframe!
A referral program is the perfect solution. Invite your friends and colleagues to Headframe and get 10% of the pool commission from each user's mining. It's a simple and effective way to increase your income by doing what you're already doing.
Inviting friends to the pool can be an additional source of stable income without you having to change anything about your job. The more participants you refer, the more your passive income will be. Your referral link is already waiting for you in your personal cabinet)
Join Headframe!
⚡ The correlation between bitcoin and gold has fallen to its lowest level in 11 months
According to K33 Research, the correlation between bitcoin and gold has reached its lowest level in 11 months at -0.36. This means that the prices of these assets are now more likely to move in opposite directions. Most recently, bitcoin rose by 20%, while gold, on the other hand, fell in price by 5%. Analysts suggest that bitcoin is strengthening its position as “digital gold” and attracting capital that was previously invested in traditional safe-haven assets.
#news
According to K33 Research, the correlation between bitcoin and gold has reached its lowest level in 11 months at -0.36. This means that the prices of these assets are now more likely to move in opposite directions. Most recently, bitcoin rose by 20%, while gold, on the other hand, fell in price by 5%. Analysts suggest that bitcoin is strengthening its position as “digital gold” and attracting capital that was previously invested in traditional safe-haven assets.
#news
Hi. Here's a news digest.
⚡ The Russian government has approved taxation for cryptocurrency transactions
Miners should take into account the new tax obligations when planning profits and withdrawals. This will help avoid legal problems and improve financial efficiency.
⚡ Britain has created an AI grandmother to fight phone scammers
Artificial intelligence developed in Britain mimics a conversation with elderly people to apprehend phone scammers.
⚡ A trader lost $25.8 million due to an address error
A cryptocurrency trader accidentally transferred $25.8 million to the wrong address, resulting in an irrecoverable loss of funds. This incident highlights the importance of carefully checking details before sending large sums of money.
⚡ Most institutional investors plan to increase investments in cryptocurrencies
The influx of institutional money is boosting cryptocurrency rates, making mining more profitable.
⚡ The body of a missing cryptoblogger is found in a Montreal park
The body of well-known cryptoblogger Benedict Arthur was found in a Montreal park a few days after his disappearance. Police speculate that his activities in the cryptocurrency industry may have been the cause of the crime.
⚡ Bitcoin's correlation with gold has fallen to its lowest in 11 months
The correlation between bitcoin and gold has reached a level of -0.36, indicating an opposite movement in the prices of these assets. This is a signal to miners that bitcoin is becoming less dependent on traditional assets, strengthening its value in the market.
⚡ Chinese tech giant Nano Labs has started accepting bitcoins as payment
Nano Labs, a major technology company in China, has started accepting bitcoins as payment for its goods and services. This is a step towards widespread adoption of cryptocurrencies in business.
See you next week!
#news
⚡ The Russian government has approved taxation for cryptocurrency transactions
Miners should take into account the new tax obligations when planning profits and withdrawals. This will help avoid legal problems and improve financial efficiency.
⚡ Britain has created an AI grandmother to fight phone scammers
Artificial intelligence developed in Britain mimics a conversation with elderly people to apprehend phone scammers.
⚡ A trader lost $25.8 million due to an address error
A cryptocurrency trader accidentally transferred $25.8 million to the wrong address, resulting in an irrecoverable loss of funds. This incident highlights the importance of carefully checking details before sending large sums of money.
⚡ Most institutional investors plan to increase investments in cryptocurrencies
The influx of institutional money is boosting cryptocurrency rates, making mining more profitable.
⚡ The body of a missing cryptoblogger is found in a Montreal park
The body of well-known cryptoblogger Benedict Arthur was found in a Montreal park a few days after his disappearance. Police speculate that his activities in the cryptocurrency industry may have been the cause of the crime.
⚡ Bitcoin's correlation with gold has fallen to its lowest in 11 months
The correlation between bitcoin and gold has reached a level of -0.36, indicating an opposite movement in the prices of these assets. This is a signal to miners that bitcoin is becoming less dependent on traditional assets, strengthening its value in the market.
⚡ Chinese tech giant Nano Labs has started accepting bitcoins as payment
Nano Labs, a major technology company in China, has started accepting bitcoins as payment for its goods and services. This is a step towards widespread adoption of cryptocurrencies in business.
See you next week!
#news
⚡ In which regions of the Russian Federation is mining the cheapest?
The Analytical Credit Rating Agency (ACRA) has published a study in which it singled out the Russian regions with the lowest electricity tariffs for mining. The top includes the Irkutsk region, Khakassia and Dagestan. For example, in the Irkutsk region, the cost of electricity for consumption of up to 6,000 kWh per month ranges from 9,000 to 16,000 rubles, which makes it particularly attractive for miners. In some regions, such as Kalmykia and Tyva, the same amount of energy will cost 43,000-47,000 rubles.
#news
The Analytical Credit Rating Agency (ACRA) has published a study in which it singled out the Russian regions with the lowest electricity tariffs for mining. The top includes the Irkutsk region, Khakassia and Dagestan. For example, in the Irkutsk region, the cost of electricity for consumption of up to 6,000 kWh per month ranges from 9,000 to 16,000 rubles, which makes it particularly attractive for miners. In some regions, such as Kalmykia and Tyva, the same amount of energy will cost 43,000-47,000 rubles.
#news
⚡ Bitfinex hacker Heather Morgan sentenced to 1.5 years in prison
A U.S. federal court has sentenced Heather Morgan, known as “Rap Scheherazade,” to 18 months in prison for her involvement in laundering funds stolen from the Bitfinex exchange in 2016. Her husband, Ilya Lichtenstein, received a five-year sentence. The couple was arrested in 2022 when 94,643 BTC (about $3.6 billion at the time) was seized from them. Both pleaded guilty in August 2023. The court took into account Morgan's cooperation with the investigation when handing down the lighter sentence.
#news
A U.S. federal court has sentenced Heather Morgan, known as “Rap Scheherazade,” to 18 months in prison for her involvement in laundering funds stolen from the Bitfinex exchange in 2016. Her husband, Ilya Lichtenstein, received a five-year sentence. The couple was arrested in 2022 when 94,643 BTC (about $3.6 billion at the time) was seized from them. Both pleaded guilty in August 2023. The court took into account Morgan's cooperation with the investigation when handing down the lighter sentence.
#news
⚡ JPMorgan noted a 29% increase in bitcoin mining yields
Experts from JPMorgan reported that the profitability of bitcoin mining increased by 29% in November 2024. This is due to an increase in the value of bitcoin against the background of a decrease in the complexity of the network, which made the process of mining more profitable for participants. According to the bank, such changes create more favorable conditions for increased investment in equipment and capacity expansion
#news@headframeeng
Experts from JPMorgan reported that the profitability of bitcoin mining increased by 29% in November 2024. This is due to an increase in the value of bitcoin against the background of a decrease in the complexity of the network, which made the process of mining more profitable for participants. According to the bank, such changes create more favorable conditions for increased investment in equipment and capacity expansion
#news@headframeeng
Transparency and control are key elements of mining ⛏
With Payment Uploads, you have access to detailed reports on your accruals and payments. This data allows you to better understand how your mining is performing and make informed decisions. Reports are provided in a convenient format for a period of 7, 30 or 90 days, which is easy to analyze and use to optimize your processes - right from your personal account in a couple of clicks!
Payment uploads are your tool for efficiency and control.
Join Headframe!
With Payment Uploads, you have access to detailed reports on your accruals and payments. This data allows you to better understand how your mining is performing and make informed decisions. Reports are provided in a convenient format for a period of 7, 30 or 90 days, which is easy to analyze and use to optimize your processes - right from your personal account in a couple of clicks!
Payment uploads are your tool for efficiency and control.
Join Headframe!
⚡ Bitcoin price exceeds $97,800
On November 21, 2024, the price of bitcoin reached a new all-time high, surpassing the $97,800 mark. Experts predict that bitcoin could surpass the $100,000 mark before the end of the year if current trends continue.
#news
On November 21, 2024, the price of bitcoin reached a new all-time high, surpassing the $97,800 mark. Experts predict that bitcoin could surpass the $100,000 mark before the end of the year if current trends continue.
#news