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Bitcoin miners’ revenue reached a post-halving peak in July 2023 — review from JPMorgan

In July 2023, Bitcoin miners’ revenue reached a record high after the recent halving,... ... historical maximum. This significant price increase boosted the dollar revenues from each mined block, partially offsetting the effects of the reward reduction. Halving Consequences:... ... individual installation remains under pressure. Higher electricity bills and the need for investment in new, more efficient equipment become inevitable costs to maintain profitability...

Bitcoin: Decrease in Mining Difficulty and Market Consequences

... halving approached, public miners began actively selling portions of their coins to strengthen their financial standing and invest in upgrades. The post-halving period has only amplified this trend – as noted, the liquidation of BTC reserves among public ... ... dwindling profitability. This was confirmed by financial reports: for instance, mid-tier companies like CleanSpark regularly sold mined Bitcoin to fund operational expenses and purchase new equipment. This strategy allowed them to expand their hash rate even ...

Amendments to Mining Taxation in Russia: What Changes for the Cryptocurrency Sector and Investors

.... Below, we will explore the key aspects of the amendments and analyze their impact on the Russian cryptocurrency market and investment strategies. Key Provisions of the Amendments Recognition of Digital Currency as Property Under the new regulations,... ... a more accurate determination of taxable income derived from mining. Taxation of Mining Income and Expense Deductions Income in the form of cryptocurrency mined will be accounted for as it is received, with tax calculated based on the market value of the cryptocurrency at the time ...

Riot Platforms sells BTC for the first time in 15 months: what lies behind the miners' strategy shift

Mining giant Riot Platforms has sold a portion of its mined Bitcoin for the first time in 15 months, breaking its hitherto holding strategy. Why are miners changing their approach, and how will this affect BTC prices?... ... interest in bitcoin remains high: market sentiment is influenced by expectations for the approval of spot BTC-ETFs in the U.S., investments from funds, and capital influx from traditional investors searching for inflation hedges. These factors may offset ...

Infrastructure for Cryptocurrency Sales in Russia - What Awaits the Market in 2025

The infrastructure for cryptocurrency sales in Russia continues to evolve and adapt to new conditions. In 2025, we can expect significant ... ... cryptocurrency will play a crucial role in this process, ensuring oversight and tax compliance. Investments in cryptocurrency in Russia will become more accessible with the emergence... ... 2025 In Russia, the need for a transparent national infrastructure for the sale of mined cryptocurrency has become pressing. This was stated by Daniil Egorov, head of...