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🚀 Fractal Mainnet Mining Power Reaches 47 EH/s

According to BlockBeats, as of September 9, data from Unisat Explorer indicates that the total mining power of Fractal's mainnet, including merged mining and permissionless mining, has reached 47 EH/s.

In the Unisat Merged Mining category, four miners collectively mined 327 blocks within 24 hours. AntPool ranked first with a hash rate of 5.431 EH/s. In the Permissionless Mining category, eight miners collectively mined 1266 blocks within the same period, with SpiderPool leading the group with a hash rate of 437.2 PH/s.


#Fractal #Mainnet #MiningPower #EHs #MergedMining #PermissionlessMining #AntPool #SpiderPool #HashRate
🚀 Fractal Mining Power Drops Below 7EH/s As FB Price Declines

According to Odaily, data from the official Fractal browser indicates that Fractal's permissionless mining power has fallen below 7EH/s, currently standing at 6.898 EH/s. Concurrently, CoinGecko data reveals that the price of FB has dropped below $7, experiencing a 12% decline over the past 24 hours, now trading at $6.83.

#FractalMining #EthereumHashrate #FBPriceDrop #CryptocurrencyNews #MiningPower
🚀 Russia Proposes VAT on Mining Equipment Rentals to Overseas Firms

According to PANews, the Russian Ministry of Finance is planning to impose a value-added tax (VAT) on companies renting out mining equipment or data centers to overseas enterprises and mining pools. This new regulation will also apply to energy companies providing electricity to foreign mining firms. The ministry aims to clarify the taxation process for leasing mining equipment and establish tax rules for companies offering 'mining power' to non-Russian clients. VAT may be applicable on real-time, monthly, or annual rental bills, as current regulations lack clear explanations, causing difficulties for businesses in filing returns.

A Russian law that came into effect in January this year mandates all industrial-level miners and 'mining infrastructure operators' (MIO) to register in a national directory. As of April 1, 116 MIOs and 606 industrial miners have completed registration, but the Federal Tax Service (FTS) believes many companies are still non-compliant. The FTS manages this directory and is currently developing guidelines for taxing the annual profits of mining companies and MIOs.


#Russia #VAT #Mining #MiningEquipment #OverseasFirms #Taxation #EnergyCompanies #DataCenters #MiningPower #Compliance #IndustrialMining #MiningInfrastructure