FeesSafety
Pluang+

EU carbon taxes push bitcoin mining operations to shift to Russia for cost savings.

Market News
23 Aug 2026
Bitcoin
View Source
Bearish
EU carbon taxes push bitcoin mining operations to shift to Russia for cost savings.

A study by Vietnamese researchers found that strict carbon pricing in the EU is causing bitcoin mining operations to shift to Russia, where there are no carbon taxes. This shift is operational rather than physical, with companies turning off mining rigs in the EU and activating them in Russia to maximize profits during high carbon price periods. However, new Russian crypto mining bans starting in 2025 may limit this trend. The study highlights the impact of carbon regulations on the geographic distribution of bitcoin mining activities.

More News

Dune launches real-time onchain market data feeds covering 200+ venues and tokenized U.S. stocks trading.

Dune launches real-time onchain market data feeds covering 200+ venues and tokenized U.S. stocks trading.

Dune Analytics has launched Dune Market Data Feeds, providing real-time trade data from over 200 onchain trading venues across 12 blockchains, including tokenized U.S. stocks from XLayer. This service enables institutional investors to track onchain ...

Market News
Bullish
46 minutes ago
Lockheed Martin beats Q3 2026 earnings estimates with record backlog of $292B

Lockheed Martin beats Q3 2026 earnings estimates with record backlog of $292B

Lockheed Martin reported strong Q3 2026 results, beating Wall Street estimates with earnings of $7.97 per share and sales of $20.7 billion, up 11% year-over-year. Net earnings rose 14% to $1.8 billion, supported by a record backlog of $292 billion, i...

Company Fundamentals
Bullish
1 hour ago
IBM's Q3 beats expectations, software growth drives price target hike to $280

IBM's Q3 beats expectations, software growth drives price target hike to $280

IBM reported strong Q3 results with revenue of $17.1 billion and adjusted earnings of $2.95 per share, surpassing analyst estimates. Software revenue grew 9%, led by Red Hat and OpenShift, while AI-related consulting work also contributed significant...

Company Fundamentals
Bullish
2 hours ago
CenterPoint Energy gets 'Buy' rating ahead of Q3 earnings with expected $2.16B revenue and $0.50 EPS.

CenterPoint Energy gets 'Buy' rating ahead of Q3 earnings with expected $2.16B revenue and $0.50 EPS.

Cowen & Co. initiated a 'Buy' rating on CenterPoint Energy before its Q3 earnings report due October 27, 2026. Analysts expect $2.16 billion in revenue, an 8.4% increase year-over-year, and earnings of $0.50 per share, steady from last year. The comp...

Analyst Insights
Bullish
2 hours ago
Drofa Comms launches Women Leading the Way 2026 to promote equal recognition for women experts in finance.

Drofa Comms launches Women Leading the Way 2026 to promote equal recognition for women experts in finance.

Drofa Comms has released the Women Leading the Way Digital Magazine 2026, aiming to highlight women experts in finance on equal terms with men. The digital magazine features insights from 25 industry professionals and covers topics like AI in wealth ...

Others
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App