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Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay

30.5.2023
After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining operations in Uruguay.” Tether has partnered with...

Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay

30.5.2023
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure

Chinese Healthcare, Energy Firms Enable CBDC Pay – Digital Yuan Adoption Accelerating?

28.5.2023
Chinese healthcare and energy sector providers will allow patients and customers to pay with the digital yuan, in new breakthroughs for the nation’s central bank digital currency (CBDC). Per the Chinese media outlet WXRB, both outpatients and hospitalized mental healthcare patients can now use...

Russian Think Tank Profiles BRICS Bank as IMF Counterpart to De-Dollarize Credit Markets

26.5.2023
The Roscongress Foundation, a Russian think tank, has profiled the New Development Bank, known as the BRICS bank, as an alternative to the International Monetary Fund (IMF) in its latest “Decolonization in Energy Markets” report. Nation members could secure loans based on their...

Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners

24.5.2023
Miners will be scored on their use of clean energy and grid impact

Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent

23.5.2023
Crusoe is not a pioneer, but a follower, says the lawsuit filed by Stephen Barbour's mining firm

UK Lawmakers Call for Crypto Trading to Be Regulated as Gambling

21.5.2023
A committee of British lawmakers has recommended regulating crypto trading as gambling. Viewing retail trading of cryptocurrencies as more akin to gambling rather than a financial service, the U.K. Treasury Committee stated that “Cryptocurrencies such as bitcoin have no intrinsic value and serve...

US Expands ‘Unprecedented Global Sanctions’ on Russia With Over 300 New Targets

20.5.2023
The U.S. has imposed new sanctions on Russia “in coordination with the G7 and other international partners.” Among the targets are “the channels Russia uses to acquire critical technology, its future energy extraction capabilities, and Russia’s financial services sector.”...

Tears Of The Kingdom's Best Battery Upgrades Are Underground

17.5.2023
If you’ve been using Zonai items in your Tears of the Kingdom creations, you’re undoubtedly familiar with the battery icon representing your Energy Cell’s power. You’re also probably familiar with how quickly it whittles down to nothing, sending your fan-powered planes crashing down to the Hyrule...

Bitcoin is a threat to the energy-use status quo – and that’s a good thing

16.5.2023
Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might

EY Announces Ethereum-Based Carbon Credit Traceability Platform – How Does it Work?

11.5.2023
One of the 'Big Four' accounting firms Ernst & Young (EY) announced that its Ethereum (ETH)-based platform for enterprises to track their carbon emissions and carbon credit traceability is now available in beta version. According to the latest press release, the company's EY OpsChain ESG...

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years

10.5.2023
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....

Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say

8.5.2023
Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe. Under such a scenario, Russia has what it takes to occupy up to 18% of the global bitcoin hashrate, they...

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

6.5.2023
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher...

White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining

3.5.2023
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets “making crypto miners pay for the costs they impose...