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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Russia Considering to Impose Special Energy Tariffs on Cryptocurrency Miners

Russia is looking to impose special energy tariffs on crypto miners paying more, who are being accounted for massive electricity consumption.

by Nicholas Otieno
Oct 15, 2021

CRYPTOCURRENCY

Russia Considering to Impose Special Energy Tariffs on Cryptocurrency Miners

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