Hey! Here's the week's news

⚡ Illegal miners are causing damage to the Russian Federation
Every year, the Russian economy loses about 10 billion rubles due to illegal mining. The main damage falls on energy companies, which face grid congestion and power losses.

⚡ Bitcoin mining in Kazakhstan: why did the outflow of miners start and what to expect next?
The mining industry in Kazakhstan is experiencing difficulties: rising electricity tariffs and new tax requirements are forcing companies to leave the country.

⚡ The complexity of bitcoin mining has rolled back from the historic highs
After a sharp rise, mining complexity has fallen by 3.26%. This is the first significant pullback in recent months.
The drop in difficulty means that mining new blocks has become slightly less costly, which has a positive impact on the profitability of miners.

⚡ Brazil's largest oil and gas company is going to mine bitcoins
Petrobras, Brazil's leading oil and gas corporation, is considering using excess gas to mine bitcoins.
This shows the growing interest of major energy companies in mining and could open up new opportunities for the industry.

⚡ The co-founder of crypto pyramid Forcount has been sentenced to 30 months in prison
A U.S. court sentenced the co-founder of the Forcount cryptocurrency pyramid scheme to 30 months in prison. The total damage from her activities is estimated at millions of dollars.

⚡ Yury Trutnev: the Far East needs to create a surplus of electricity for mining
Presidential Plenipotentiary Envoy to the Far Eastern Federal District said that the region needs additional electricity generation to attract mining companies.

See you next week,
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