Search
Crypto mining still profitable in the long-term, expert says
28.7.2022
Steve Bassi said that a long-term holder may do well mining in the short run and then selling when the block reward goes down in 2024
Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia
27.7.2022
Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power....
Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay
21.7.2022
The South American country with abundant hydropower wants to attract bitcoin miners
Masked Men Rob Large Crypto Mining Farm Near Moscow
21.7.2022
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers...
Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv
20.7.2022
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said....
Crypto Mining Hosting Firm Applied Blockchain Stock Surges After 200MW Deal
19.7.2022
A hosting deal with Marathon Digital should ease investor’s funding concerns, said a DA Davidson analyst
Crypto Mining and Staking Firm Foundry Starts Training Program for Miners
19.7.2022
DCG subsidiary Foundry is launching a training program for mining engineers
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
18.7.2022
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking...
Paraguayan Senate Approves Cryptocurrency Bill
18.7.2022
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in...
US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption
15.7.2022
U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives
Paraguayan Senate Passes Bill Regulating Crypto Mining and Trading
15.7.2022
The text must now be approved or vetoed by the country’s executive branch
Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
15.7.2022
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston
‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’
14.7.2022
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining rigs. The latest ASIC acquisition follows Cleanspark’s recent...
ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban
14.7.2022
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint...
Kazakh Crypto Mining Tax Hike Signed Into Law by President Tokayev
13.7.2022
Kazakhstan is trying to tackle its struggle with electricity shortages with a series of reforms on crypto mining
Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
13.7.2022
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
9.7.2022
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining....
US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils
9.7.2022
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto...
Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility
8.7.2022
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped...
Crypto Mining Stocks Bounce Amid Bitcoin Recovery
8.7.2022
Investors are likely feeling comfortable as bitcoin has stabilized over the past few days