Russian government official calls to legalize mining ‘as soon as possible’

[Hope4life]

Shortly after statements by a part of the Russian government that the country would accept Bitcoin as a payment method for oil and gas, a representative of the Russian government says that it would be necessary to create laws and allow mining of Bitcoin and altcoins as soon as possible. Something that a sector of the government did not like very much.

What is your opinion on these new statements?.

More information here: https://cointelegraph.com/news/russian-government-official-calls-to-legalize-mining-as-soon-as-possible

I think the government should legalize bitcoin mining.
But every govt have own consideration.
Several environmental as the reason.
But I don't agree with this.
They just against or refuse but not give any solution

it seems that the Russian government has issued a law not to accept crypto to be able to carry out activities there, obviously this confuses crypto users there, because we know Russia is a country with the largest crypto users.
because the law has been enacted, there is no other alternative and any acceptable reason, because violations will be subject to sanctions. we will wait for the latest news from Russia after the implementation of the ban takes place.

Russia is countries with a large number of cryptocurrency user and i agree with this statement. I think we need to wait for official news not just some rumors, considering that even though this country has large number of crypto users, the government system can legalize or illegalize quickly.

[densus88]

I didn't hear about official news of Russian government to legalize bitcoin mining mate.
I think It's just rumours as many people said here.
They have several consideration if they want legalize bitcoin mining.

[Fenix]

In Russia, there are now big global problems associated with a military defeat in an attempt to occupy Ukraine. After the successful counter-offensive of the Ukrainians in the Kharkiv direction and the encirclement of the 20,000-strong group of elite Russian troops in southern Ukraine, where the invaders were cut off from the supply of ammunition and equipment and pressed against the Dnieper River, Russia's image is falling and the prospect of Russia's surrender in this war is becoming more and more clear. Russia is threatened with disintegration into separate republics. What Russia tried to do artificially in Ukraine can now really arise in Russia itself. And this means that the Putin regime may not be up to cryptocurrency.

[bayiajaib]

Shortly after statements by a part of the Russian government that the country would accept Bitcoin as a payment method for oil and gas, a representative of the Russian government says that it would be necessary to create laws and allow mining of Bitcoin and altcoins as soon as possible. Something that a sector of the government did not like very much.

What is your opinion on these new statements?.

More information here: https://cointelegraph.com/news/russian-government-official-calls-to-legalize-mining-as-soon-as-possible

Yeah, It's good news.
If the Russia government will legalize bitcoin mining.
But I think It's just rumours.
Because I also read Russia will ban bitcoin mining.

[alltalk]

Yeah, It's good news.
If the Russia government will legalize bitcoin mining.
But I think It's just rumours.
Because I also read Russia will ban bitcoin mining.

There are too many rumors about Bitcoin mining in Russia.
I am also not really sure that they will legalize crypto mining, it is likely a rumor only. But if the Russian government really legalizes it, it may bring a big impact on the crypto industry. It is possible to trigger the price of Bitcoin to increase drastically anymore.

[Speaker]

The prospects and profitability of mining are not very clear now, Perhaps industrial mining where the climate is cold and energy is cheap and profitable, but otherwise not such an interesting prospect

[Senin]

The Russian government has always sought to prevent its citizens from using cryptocurrency in the country. In the case of cryptocurrency mining, something similar can happen. That is, the people can be deprived of the right to mine, obliging them to perform various licensing actions that will only be possible for certain categories of privileged classes. At the same time, in the draft law, the central bank is trying to prohibit the use of mined cryptocurrency in the country. It is necessary to expect when the government will change in Russia, because under the current one, people are worried about the rights of citizens only in words.

[zilzylian]

I think Russia has a very large crypto community and the government will not prohibit miners from doing activities in the country, from the available data, Russia has more than 10 Bitcoin ATMs and Bitcoin Tellers https://coinatmradar.com/country/177/bitcoin -atm-russian-federation/ this is good for ease of transactions, ownership of Russian gas and energy is also very large, so it's good if miners get a place that can support energy to drive millions of GPUs as a mining tool.

[shuvenker999]

I was confused with the title that Russia is set to legalize cryptocurrency mining soon and yet the remarks by Evgeny Grabchak, the Russian Deputy Minister of Energy, was made during the first national conference of legal crypto miners in Irkutsk in Russia itself. So is cryptocurrency mining illegal in Russia at this point? If it is illegal, why are there legal crypto miners? If it is legal, why the call for the legalization of crypto mining? And this is not the only time I have heard of crypto mining in Russia.

[Evgenklm]

Perhaps this would have been relevant until the moment Ethereum switched to the POS algorithm, today it has become not that it is not profitable, but unprofitable, no one from the government of the Russian Federation will go for it now.And today I do not see any prerequisites for the adoption of bitcoin in the Russian Federation

[mahadev]

The prospects and profitability of mining are not very clear now, Perhaps industrial mining where the climate is cold and energy is cheap and profitable, but otherwise not such an interesting prospect

Yeah, I think energy is the problem for mining, I don't believe russian will legalize mining, because I also read russian will ban mining .
Better to wait office news about this.
But I think the government should have good solution for mining

[Senin]

I was confused with the title that Russia is set to legalize cryptocurrency mining soon and yet the remarks by Evgeny Grabchak, the Russian Deputy Minister of Energy, was made during the first national conference of legal crypto miners in Irkutsk in Russia itself. So is cryptocurrency mining illegal in Russia at this point? If it is illegal, why are there legal crypto miners? If it is legal, why the call for the legalization of crypto mining? And this is not the only time I have heard of crypto mining in Russia.

The bill on the legalization of cryptocurrency mining has been submitted to the State Duma of Russia. In principle, cryptocurrency mining can be legalized, but the Central Bank wants to introduce a number of restrictive measures, including banning the use of mined cryptocurrency in Russia. As far as I know, now the issue with mining has not yet been regulated by law.
But now global events are taking place in Russia that are connected with the war in Ukraine. Perhaps there will be no time for cryptocurrency mining.

[aiviaa485]

Legalizing Cryptocurrency mining which of course is an additional tax for the state.
Regulations made in Russia will certainly be like that because the more mining, the more income funds.
I'm on the fair side, if Russia blocks cryptocurrencies, yes, yes, and if they legalize it, go ahead because cryptocurrencies are decentralized.

[MUGNIA]

I don't believe Russian government will legalize bitcoin mining, I think Russian will follow China and other that banned bitcoin mining.
Maybe Russian will accept bitcoin as payment but not for mining.

I don't think it will be legal to mine russian mining, but for payments it can be said yes like elsavador, but we'll see the results of the russian government's decision in this case, we all hope that everything will be resolved peacefully without any war like today

[Zezari]

This is good news in terms of the legalization of mining, that's just what kind of coin to mine when the market fell, and not only the market fell and the price of video cards, too, and that's good.