Conversations about Bitcoin covering markets, tech, compute, and culture from hosts Charlie Spears and Colin Harper.
Listen for weekly shows covering everything from deep Bitcoin mining to the conversation of the week in Bitcoin. We talk with the executives, operators, deal makers, financers and builders making the digital frontier happen.
Available on all podcast players, YouTube and on syndication platforms like Yahoo Finance, CoinDesk and more! Be sure to subscribe and give us a five star review so you never miss a podcast!
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Conversations about Bitcoin covering markets, tech, compute, and culture from hosts Charlie Spears and Colin Harper.
Listen for weekly shows covering everything from deep Bitcoin mining to the conversation of the week in Bitcoin. We talk with the executives, operators, deal makers, financers and builders making the digital frontier happen.
Available on all podcast players, YouTube and on syndication platforms like Yahoo Finance, CoinDesk and more! Be sure to subscribe and give us a five star review so you never miss a podcast!
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
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The Blockspace Podcast
Conversations about Bitcoin covering markets, tech, compute, and culture from hosts Charlie Spears and Colin Harper.
Listen for weekly shows covering everything from deep Bitcoin mining to the conversation of the week in Bitcoin. We talk with the executives, operators, deal makers, financers and builders making the digital frontier happen.
Available on all podcast players, YouTube and on syndication platforms like Yahoo Finance, CoinDesk and more! Be sure to subscribe and give us a five star review so you never miss a podcast!
