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PortuguêsAuthorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway…
Continue ReadingBIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio. Bitcoin (BTC) mining company BIT Mining plans to…
Continue ReadingMembers of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards…
Continue ReadingAuthorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of…
Continue ReadingCryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also…
Continue ReadingAuthorities in the province say crypto mining is inimical to China‘s environmental conservation efforts. Hebei, a province in Northern China, is the latest jurisdiction in the country to read the…
Continue ReadingThe regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins…
Continue ReadingCryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency…
Continue ReadingAuthorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal…
Continue ReadingThe Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions. Argo Blockchain has secured another loan agreement from Galaxy Digital…
Continue ReadingHigher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the…
Continue ReadingIran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir,…
Continue ReadingRussian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing…
Continue ReadingPresident Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an…
Continue ReadingOn August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to…
Continue ReadingAuthorized Bitcoin miners will be able to resume their operations after the electricity preservation policy during the hot summer months. Iran will once again allow Bitcoin and crypto miners to…
Continue ReadingThe Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country. The authority calls for the legalization of their activities, fearing…
Continue ReadingBitcoin’s hashrate has been steadily climbing after dropping to 69 exahash per second (EH/s) on June 28, as it reached a high of 117 EH/s on Tuesday morning (EDT). The…
Continue ReadingPolish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been…
Continue ReadingFollowing the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s recent partnership with Foundry, Greenidge revealed on Thursday it is…
Continue ReadingSenator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets. Republican Senator and Bitcoin proponent Cynthia Lummis said that massive government spending is…
Continue ReadingThe St. Mary’s University School of Law professor called for more scrutiny on the activities of miners, especially regarding their role in transaction ordering on the blockchain. Tuesday’s crypto hearing…
Continue ReadingWith the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination.…
Continue ReadingA St. Lawrence county town located in New York near the Canadian border, Massena, is another region in the state that is having issues with bitcoin miners. According to recent…
Continue ReadingThe government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now…
Continue ReadingMassena, a small town in New York near the Canadian border, has temporarily halted new crypto mining operations in the area. Crypto Mining Suspended For Aesthetic Reasons Due to aesthetic…
Continue ReadingCity officials have imposed a three-month suspension on new Bitcoin mining operations to make roads and buildings more presentable. Massena, a town in New York along the border with Canada,…
Continue ReadingA number of leading mining firms have already started to make the transition toward clean renewable energy in recent months. After having been hailed as a champion of sorts by…
Continue ReadingThe gaming hardware confiscated by the Ukrainian police was being used to create in-game currency and not for farming cryptocurrency. Last week, Cointelegraph reported on the seizure of 3,800 PlayStation…
Continue ReadingAn industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another…
Continue ReadingFollowing the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners…
Continue ReadingA tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and…
Continue ReadingDuring the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it…
Continue ReadingAnhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local…
Continue ReadingBit Mining is looking to exit China’s market in response to the recent government crackdown on mining. Shenzhen-based crypto mining firm, Bit Mining, is raising $50 million to fund an…
Continue ReadingThousands of users were scammed into buying fake Android cryptocurrency mining apps, according to a California-based security firm. These apps are advertised as a way of earning money via mining…
Continue ReadingAgro Blockchain that concentrates on cryptocurrency mining is desiring a secondary listing on Nasdaq. The crypto-mining company was already the first to appear on the London Stoch Exchange listings. Related…
Continue ReadingResidents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life. New York locals…
Continue ReadingU.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners…
Continue ReadingOn Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that…
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