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Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown

15.5.2022
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities....

Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

14.5.2022
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues...

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

13.5.2022
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...

Terra Validators Halt Crypto Mining As It Tanked 99%

13.5.2022
Terra validators halted the blockchain mining at block 7607789 after the cryptocurrency fell 99% to be traded at 98.5% down, based on the data published by CoinMarketCap. Validators are drawing a plan to reconstitute the blockchain. TerraUSD, or UST, fell early morning Friday due to the algorithmic...

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

12.5.2022
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects...

GemTRX – Cloud Mining on Tron Made Easy!

11.5.2022
About Tron (TRX) TRON (TRX), introduced in 2018, is a significant crypto project in the blockchain ecosystem developed to create decentralized networks for democratizing governance and offering robust utility to its users worldwide. Since its inception, TRX has managed to provide low-cost...

Bitcoin Miners About to Be Hit With Record Difficulty as Profitability Drops

10.5.2022
  Work is about to become harder for Bitcoin (BTC) miners, as mining difficulty is set for another all-time high (ATH) in a matter of hours, which will be the second one in a row, once again cutting into the already decreasing profit margins of miners. ... Read More: Bitcoin Miners About to Be...

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