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Nalezeno "Crypto-Mining": 715

China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures

17.11.2021
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial...

Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility

15.11.2021
Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8

Top Chinese Official Booted out For ‘Supporting Crypto Mining Activities’

15.11.2021
A top Chinese regional official has been expelled from the Chinese Communist Party – and may face heavy punishment for allegedly “supporting” crypto mining in exchange for bribes and sex. Per NBD and the China Daily, charges against the official, Xiao Yi, were leveled by the supervisory committee...

Chinese provincial official expelled for violating crypto mining ban

13.11.2021
A former CCP official from Jiangxi province allegedly abused his administrative powers to undermine the political principle of “two maintenance,” which relates to the notion of firmly maintaining the authority of the party

Bitfarms expands to US, plans green crypto mining operation in Washington

11.11.2021
The company estimates the completed U.S. facilities will be able to produce 3.7 Bitcoin daily at a cost of roughly $4,000 per BTC

Russian Duma creates working group to tackle crypto mining regulations

11.11.2021
Some regulators feel that a lack of clear laws for the industry is helping crypto miners avoid paying taxes

Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs

10.11.2021
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power...

Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry

10.11.2021
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin...

Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages

4.11.2021
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding...

Kazakhstan Could Earn USD 1.5B from Crypto Mining in 5 Years - Association

1.11.2021
With crypto mining on the rise in Kazakhstan, the country’s economy could benefit from more than USD 1.5bn in revenue from legal mining operations in the next five years, according to estimates by the Kazakh National Association of Blockchain and Data Center Industry. ... Read More: Kazakhstan...

Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years

29.10.2021
Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate

Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest

29.10.2021
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next...

Shanghai Man: Blockchain Week with Vitalik still happening, ‘Bitcoin’ searches on WeChat hit 26M in a day

22.10.2021

Abkhazia to Build New Crypto Mining Technopark – and a Power Station to Fuel it

21.10.2021
The fate of Bitcoin (BTC) and crypto mining in the de facto Caucasus-based state of Abkhazia has taken another bizarre turn after the government announced it would be building a new IT park dedicated to mining tokens. EADaily reported that the President of Abkhazia, Aslan Bzhania, made...

New York businesses ask governor to deny permits for crypto mining

18.10.2021
Crypto mining's environmental impact continues to raise concerns with regulators and businesses alike

Bitcoin & Crypto Mining Costs Might Increase in Russia As Regions Complain

14.10.2021
Bitcoin (BTC) and crypto mining is causing power shortages in parts of Russia – and political leaders are wading in with interventions that could seek to limit miners’ output or crank up their energy costs.... Read More: Bitcoin & Crypto Mining Costs Might Increase in Russia As Regions Complain

Bitmain Will Not Ship Crypto Mining Equipment to China

11.10.2021
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities...