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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...
China’s state planning agency calls for public opinion on Bitcoin mining ban
21.10.2021
The move could signal plans by Chinese authorities to amend its previous negative stance on Bitcoin and cryptocurrency mining activities
Russian officials consider proposal to mine Bitcoin with associated gas
20.10.2021
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
19.10.2021
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its...
Bitcoin Miners Blamed for Energy Issues as Kazakhstan Looks to ‘Limit’ Mining
19.10.2021
Bitcoin (BTC) and altcoin miners fleeing China’s crypto crackdown to neighboring Kazakhstan have been hit with a fresh setback – with signs the nation’s grid may be struggling to deal with an increase in demand.
As the cold winter months approach, warning bells have begun to ring, with...
BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining
19.10.2021
No amount of FUD can keep Bitcoin down, and China has once again given bulls a boost with its bans
Bitfury CEO confirms IPO considerations are part of expansion plans
18.10.2021
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation
Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
18.10.2021
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter...
Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners
18.10.2021
Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting...
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
Jack Dorsey Says Square Is Considering Building a ‘Bitcoin Mining System Based on Custom Silicon’
16.10.2021
Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey, has announced that Square is considering building a “bitcoin mining system based on custom...
Jack Dorsey’s Square plans to build an open-source Bitcoin mining system
16.10.2021
Jack Dorsey wants to build a single system that can improve accessibility to Bitcoin mining and further decentralize the BTC network
Bitcoin Mining Operation Being Sued for Producing High Noise Levels in Tennessee
16.10.2021
A bitcoin mining operation in Tennessee is being sued by neighbors due to the high level of noise the facility produces. The lawsuit, which was filed in August, asks mining operator Red Dog to shut down operations and pay personal damages fees, as well as compensate owners for decreased property...
Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value
16.10.2021
Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s too early to do that in oil trade. While noting that it lacks backing, the Russian...
All Eyes on Japanese Court as Crunch Monero Mining Case Gets December Hearing
15.10.2021
A landmark legal case involving a music site developer who added a mining widget that mines monero (XMR) to his website will hit the Supreme Court in Japan at the end of the year – with the potential for a legal precedent-setting verdict....
Read More: All Eyes on Japanese Court as Crunch Monero...
Canadian city plans to supply residents’ heat using Bitcoin mining
14.10.2021
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000
Russia considers new energy tariffs as Chinese crypto miners relocate
14.10.2021
Russia’s Irkutsk region saw its energy consumption rates surge by 160% following China’s crackdown on crypto mining
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
Bitcoin miner Stronghold will list almost 6M shares in its $100M IPO
14.10.2021
The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin