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Iran to stiffen penalties for illegal use of subsidized energy in crypto mining
18.4.2022
The fines will reportedly triple compared to current rates, while repeated violations will lead to jail time
North Dakota hopes to double the $3B of clean crypto mining in the state
14.4.2022
North Dakota officials are luring in crypto mining companies to set up in the state. With $3B already invested, and with $3B said to be on the way, they're doing well so far
Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure
13.4.2022
A 6000-strong community hopes to raise funds by immediately selling the mined crypto to avoid price volatility
Small Argentine Town Turns to Crypto Mining to Pay for Improvements
12.4.2022
A small town in rural Argentina has decided to invest in crypto mining hardware in a bid to raise money to pay for improved rail connections and “beat inflation.”
Ambito reported that the initiative is being pioneered by a group headed by Juan Pio Drovetta, the Mayor of Serodino, a town...
Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions
10.4.2022
The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring session....
NY State Supreme Court dismisses petition against crypto mining company
8.4.2022
The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm
Abkhazia Extends Crypto Mining Ban Till End of Year
6.4.2022
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...
Minerset․com Announces New 200-Megawatt Crypto-Mining Facility
5.4.2022
PRESS RELEASE. Known as a leader in cryptocurrency-mining hardware sales and logistics, Minerset has generated more than $300 million in distributing 120,000-plus crypto-mining devices to more than 200 investors worldwide. As a strong supporter and heavy investor in a cryptocurrency-mining...
Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates
3.4.2022
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part...
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...
Russia Looks to Bolster its Bitcoin & Crypto Mining Industry Amid War in Ukraine
28.3.2022
Russia appears keen to foster its Bitcoin (BTC) and crypto mining sector – and appears to have assured miners that sanctions, imposed due to Russia's invasion of Ukraine, will not impede their ability to continue mining tokens. However, the long legal struggle for legalization is continuing...
Exxon Mobil is using excess natural gas to power crypto mining: Report
24.3.2022
The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany
Why Crypto Mining Actually Matters
24.3.2022
Ideological arguments over proof-of-work and proof-of-stake miss the larger point: Mining means the production of objective truth, says futurist Dan Jeffries. This post is part of CoinDesk's Mining Week
The Rise of Illegal Crypto Mining Hijackers – And Big Tech’s Response
23.3.2022
Cloud vendors are fighting back against cryptojacking, but the hijackers are getting more sophisticated
Why Do Old-Line Businesses Enter Crypto Mining? Simple: Fat Profits
23.3.2022
Even though mining margins have shrunk since crypto prices corrected, for now they’re big enough to keep luring entrants from sectors like prepackaged food and anti-aging formulas
Crypto Mining, the Energy Crisis and the End of 'ESG'
21.3.2022
How a European war made an argument about mining moot. This op-ed is part of Mining Week
What Does a Crypto Mining Farm Look Like? Striking Photos From Siberia to Spain
21.3.2022
CoinDesk reporters traveled across Europe and North America to capture the diversity of cryptocurrency mining facilities
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
16.3.2022
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across...
Bit Digital Has Deployed 39% Crypto Mining Rigs in North America
16.3.2022
The firm has shipped all of its machines out of China, but is waiting on hosting capacity to be completed
Crypto mining’s cost: How has hardware availability changed the industry?
9.3.2022
Is accessible mining possible? How easy is it to buy mining equipment, and how can this happen affordably?