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 HOW RUSSIA IS THE TOP COUNTRIE IN  THR MINNING OF BITCOIN ?

Russia has recently become the second largest country in Bitcoin mining in the world, surpassing several countries that previously preceded it. This rise in Russia’s ranking is due to several reasons:

Increased mining capacity: Russia’s capacity in mining cryptocurrencies has reached 1 gigawatt, making it second in the world after the United States, which has a capacity of 3-4 gigawatts.

Overtaking other countries: Russia has managed to overtake countries that were previously ahead of it in the field of Bitcoin mining, such as China, Kazakhstan, and Canada.

Development of infrastructure: Increased mining capacity indicates development in the infrastructure required for mining operations in Russia.

Regulatory uncertainty in other countries: The lack of clarity in the regulatory framework in some countries, such as the United States, may have contributed to the redistribution of market shares in Russia’s favor.

Energy availability: The availability of energy sources in Russia may play a role in attracting more mining operations to it.

It is worth noting that this data is based on unofficial sources and may not be completely confirmed. Russia has also not yet established a complete legal framework to regulate mining operations, and there are concerns about increasing risks of sanctions for Russian players and their partners abroad.