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Russia's Gazpromneft and BitRiver Partner to Develop Crypto Mining Operations
16.6.2022
The natural gas giant will provide energy to crypto mines set up by BitRiver
Outgoing French Lawmaker Calls for Fossil-Based Crypto Mining Ban, DAO Legal Status
8.6.2022
Europe needs to stop dithering and capture the crypto opportunity, Pierre Person says
New York Governor yet to commit to signing Bitcoin mining ban into law
8.6.2022
“We’ll be looking at all the bills very, very closely. We have a lot of work to do over the next six months,” said Governor Hochul
New York's push to ban crypto mining triggers response from community
6.6.2022
In a tweet, Lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.”
US energy company opens crypto mining facility in Middle East to use stranded natural gas
2.6.2022
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
1.6.2022
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues...
Here's how much Kazakh gov't made off crypto mining in Q1 2022
30.5.2022
The Kazakh budget has not received the expected amount of fees from crypto mining as the government has shut down lots of miners to “ensure energy security,” the government said
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
28.5.2022
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More...
No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal
26.5.2022
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state budget. Revised Crypto Mining Legislation Submitted...
Nvidia shares plunge after Q1 figures, crypto mining card revenue 'nominal'
26.5.2022
Graphics card giant Nvidia reported "nominal" sales of its crypto mining chips and expects overall revenues to be down in Q2, which drove down its share price
Nvidia’s Crypto Mining Chip Revenue Now 'Nominal' Following Months of Decline
25.5.2022
A drop in crypto mining chip sales dragged down the chipmaker’s OEM business unit year-over-year
Paraguayan Bill Regulating Crypto Mining and Trading Moves Closer to Law
25.5.2022
The legislation was approved with modifications in the country’s Chamber of Deputies, and will now return to the Senate, which had passed it in December
Tax guidelines for crypto mining pass the first reading in Kazakhstan
25.5.2022
The gradual scale would impose the highest taxes on the cheapest electricity sources
OpenEthereum support ends with the Merge fast approaching
25.5.2022
“The usefulness has run its course,” the OpenEthereum team wrote regarding its popular software, “we look forward to the next phase of clean, green and massively scalable blockchain infrastructure.”
Russia's updated crypto mining bill cuts tax amnesty for Bitcoin miners
24.5.2022
Legislators in the lower house of Russia's parliament also dropped the notion of a special register for mining operators
Crypto Mining Farm Uncovered in Russia’s Oldest Prison
22.5.2022
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency...
First a Hum and Then a Bang –Niagara Falls Residents Forced to Reckon With Crypto Mining
20.5.2022
Niagara Falls residents have raised issues related to noise pollution about a bitcoin mine. Then another one exploded
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
19.5.2022
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto...
Celsius Network's crypto mining subsidiary SEC filing suggests plans for IPO
16.5.2022
The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange
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....