BITCOIN SEASON 2: Inside Russia's Secret Bitcoin Mining Industry

BITCOIN SEASON 2: Inside Russia's Secret Bitcoin Mining Industry

Anna Baydakova discusses Russia's dramatic shift toward Bitcoin, covering mining legalization, the crypto exodus, sanctions impact, and how Russians use Bitcoin to survive economic isolation and preserve wealth amid political repression. Anna Baydakova, Senior Reporter at CoinDesk joins us to talk about Russia's complex relationship with Bitcoin. From Putin's surprising embrace of crypto mining to the grey market of mining rig distribution, Anna reveals how sanctions transformed Russia's crypto landscape. We explore Siberian mining operations and why Russians increasingly turn to Bitcoin as both protest and preservation against an authoritarian regime. Link to the full report: https://blockspace.media/insight/in-between-worlds-the-state-of-bitcoin-mining-in-russia/ Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: • Russia legalized Bitcoin mining in November 2024 • Hash rate dropped 10-15% after Ukraine invasion • Electricity costs $0.02-0.04/kWh in Siberia • Putin shifted from anti-crypto to pro-mining • Telegram channels became primary crypto platform Timestamps: 00:00 Start 01:16 Russia mining overview 02:56 Past 3 years of growth 08:30 Top Russian Miners 09:11 Mining "ban" is complicated 13:30 Who owns these miners? 17:31 Sanctions & War 23:23 Grey ASIC market 26:36 Wrap up - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media

Episoder(3959)

Invesco Takes Over Superstate’s $900M Fund; Franklin Crypto in Focus

Invesco Takes Over Superstate’s $900M Fund; Franklin Crypto in Focus

Why is Wall Street betting on crypto? On this episode of CoinDesk’s Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by 250 Digital Asset Management CEO Chris Perkins to discu...

6 Apr 28min

Lawmakers Outraged Over "Disgusting" War Bets on Polymarket | CoinDesk Daily

Lawmakers Outraged Over "Disgusting" War Bets on Polymarket | CoinDesk Daily

Polymarket faces political backlash over contract tied to rescuing U.S. soldiers in Iran. Polymarket removed a betting market on the rescue of U.S. service members in Iran after lawmakers criticized ...

6 Apr 3min

Blockspace: MARA’s 15% Layoffs, CleanSpark’s Bitcoin Bond, Google’s Quantum Computing Bitcoin Break

Blockspace: MARA’s 15% Layoffs, CleanSpark’s Bitcoin Bond, Google’s Quantum Computing Bitcoin Break

On today’s Blockspace Live, Alex Pruden joins us to discuss Google’s latest quantum computing paper, and we unpack MARA’s 15% headcount reduction. Get your tickets to OPNEXT 2026 before prices incr...

4 Apr 1h 24min

Market Structure Bill Delayed as Crypto, Banks Meet Lawmakers | CoinDesk Daily

Market Structure Bill Delayed as Crypto, Banks Meet Lawmakers | CoinDesk Daily

Market structure bill delayed again as the fight over stablecoin yield continues. Crypto and banking leaders are meeting with legislative staffers to hash out the future of U.S. stablecoins. The mark...

3 Apr 2min

JPMorgan & Goldman Sachs Eye Prediction Markets | CoinDesk Daily

JPMorgan & Goldman Sachs Eye Prediction Markets | CoinDesk Daily

Will Wall Street giants tap into the prediction market? JPMorgan Chase CEO Jamie Dimon said the bank is considering entering prediction markets and Goldman Sachs has expressed similar ambitions. Woul...

2 Apr 2min

Wallet in Telegram Introduces Perps Inside Messaging App

Wallet in Telegram Introduces Perps Inside Messaging App

Trading in Telegram with Wallet in Telegram's Chief Strategy Officer. Halil Mirakhmed, CSO of Wallet in Telegram, joins CoinDesk’s Jennifer Sanasie to discuss the platform’s new perpetual futures pro...

2 Apr 8min

Blockspace: Google's Quantum Bitcoin, Fold credit card, and Bitcoin Volatility Index

Blockspace: Google's Quantum Bitcoin, Fold credit card, and Bitcoin Volatility Index

Google's new quantum paper shakes the blockchain world. We discuss the threat with experts, explore Fold’s new Bitcoin credit card, analyze Nokia’s $166M financial loss, and dive into Bitcoin volatili...

2 Apr 1h 20min

Why Jack Dorsey Thinks AI Will Replace Middle Managers | CoinDesk Daily

Why Jack Dorsey Thinks AI Will Replace Middle Managers | CoinDesk Daily

Jack Dorsey says middle managers will be replaced by AI. Block CEO Jack Dorsey argues that his company's decision to cut approximately 40% employees was not a cost reduction but a permanent restructu...

1 Apr 2min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
stopp-verden
popradet
det-store-bildet
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-gukild-johaug
fotballpodden-2
nokon-ma-ga
hanna-de-heldige
rss-ness
aftenbla-bla
rss-espen-lee-usensurert
e24-podden
rss-penger-polser-og-politikk
frokostshowet-pa-p5
bt-dokumentar-2