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Nalezeno "Crypto-Mining": 619

Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis


Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial...

Putin Signs Law to Regulate Crypto Mining in Russia


Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November. This legislation establishes a regulated framework for mining operations, limiting participation from entities associated with...

Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil


Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024, will operate on natural gas with an uptime of 96%....

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US


Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision...

Crypto mining regulation rules St. Petersburg International Economic Forum


At this year’s St. Petersburg International Economic Forum (SPIEF), the regulation of cryptocurrency mining emerged as a central theme, capturing the attention of policymakers, industry leaders, and economic experts from around the world. As digital currencies continue to gain prominence,...

Texas Regulator Orders Arkbit Crypto Mining To Shut Down


A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud. The post...

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