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Nalezeno "Ban Bitcoin Mining": 10

Paraguay could soon ban Bitcoin mining over power problems


Bitcoin mining is an industry that seeks to use a lot of power, or electricity, in a region where mining farms operate. This is manageable for some spaces but not every space. Paraguay, for one, has yet to start reporting power problems and is, therefore, considering banning Bitcoin mining via law....

Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament


A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not...

Abkhazia Extends Crypto Mining Ban Till End of Year


Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...

China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down


Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. Similarly, the Qinghai Industry and Information Technology...

Could the Russian Central Bank Try to Ban Bitcoin Mining?


Cryptocurrency enthusiasts and business insiders have reacted with alarm to a recent interview given by the head of the central Bank of Russia’s legal department hinting that cryptocurrencies could be outlawed in the country – leading to a possible block on Bitcoin (BTC) and altcoins mining. Recent...

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