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Iran to Increase Penalties for Unauthorized Cryptocurrency Mining
19.4.2022
Iran has drafted new rules to increase penalties for illegal cryptocurrency mining in the country, including additional fines and imprisonment. “Any use of subsidized electricity intended for households, industrial, agricultural, and commercial subscribers for mining cryptocurrency...
Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices
15.4.2022
The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners...
Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving
14.4.2022
Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain...
13,233 Blocks Found by 16 Pools — A Look at the Top Bitcoin Mining Pools in Q1 2022
12.4.2022
During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by 16 mining pools. According to three-month statistics, Foundry USA was the network’s top mining pool...
Miami Mayor Outlines ‘Vision for Bitcoin America’ — Says We Must Integrate BTC Into Every Aspect of Society This Year
10.4.2022
The mayor of the U.S. city of Miami, Florida, has unveiled his “Vision for Bitcoin America 2024.” Stressing that the U.S. needs to elect a pro-bitcoin president, he said “we need to integrate bitcoin into every aspect of our society” this year and “unleash...
GAIMIN Delivers a Decentralized Approach to the Increasing Requirement for More Data Processing Power
9.4.2022
With the current concerns around global energy usage, combined with increasing requirements for data processing services, many countries previously supportive of centralized data processing businesses are investigating the impact of these businesses and how they mitigate a requirement...
Compute North Reveals Bitcoin Miner Is Building a 300 MW Data Center in Texas
8.4.2022
The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward. 300 MW of Capacity...
Tesla, Blockstream, and Block to Mine Bitcoin Using Solar Power in Texas
8.4.2022
The partners want to show that bitcoin mining can support the buildout of renewable energy infrastructure
Ukrainian Charity Organization Launches NFT Sale
7.4.2022
A newly established Ukrainian charity organization, Pray4Ukraine, has brought together hundreds of digital artists that are using art to raise funds for the Ukrainian army and civilians devastated by the war. The organization is also attempting to use the power of art to help end the war...
The Best Kirby and the Forgotten Land Power-Ups To Reach Maximum Poyo Mode
6.4.2022
Having fully shifted into poyo-mode with roughly two-thirds (or three fifths, some sort of fraction. Math is hard) of Kirby and the Forgotten Land finished, I can finally say I’ve nestled myself into a comfortable groove of go-to power load outs. Venturing out into the dystopian world with nothing...
Abkhazia Extends Crypto Mining Ban Till End of Year
6.4.2022
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...
Awkwardly, Ubisoft’s Division 2 Update Is All About A Nuclear Power Plant Invasion
2.4.2022
During Russia’s ongoing and horrific invasion of Ukraine, Russian military forces have taken over and held various nuclear power plants located in the country. In what is unfortunate but likely unintentional timing, Ubisoft has revealed that the new mode coming in loot shooter The Division...
Cleanspark Reveals Texas Expansion — Bitcoin Miner Plans to Add 500 MW of Mining Power
31.3.2022
Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The firm has inked a deal with the Houston-based Lancium to initially secure 200 MW of Lancium’s renewable power and has the option to obtain 300 MW more going...
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
30.3.2022
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From...
Biden Administration Lowballs Inflation Predictions, Report Says Americans Are ‘Fixated’ on Dollar Value
29.3.2022
As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Biden and his administration predicted lower inflation forecasts as officials announced...
Devolution Will Now Power Its NFT Marketplace Auctions Through Chainlink Keepers
29.3.2022
Devolution and Chainlink Keepers have partnered in the form of Devolution, integrating the latter. Through this integration, Devolution will gain access to secure smart contract automation services. The news was announced by DeVolution Meta through a blog post. DeVolution Meta is a GameFi project...
PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services
26.3.2022
Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E)...
GAIMCRAFT – GAIMIN Delivering Blockchain and NFT Technology to Games
25.3.2022
PRESS RELEASE. GAIMIN has developed and successfully trialed an app to monetise the underutilised processing power found in high performance PC’s, creating a supercomputer level, distributed data processing network by harnessing the worldwide availability of high performance GPUs....
Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota
25.3.2022
Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the matter. The report states that the oil giant is partnered with the firm Crusoe Energy Systems,...
Exxon Mobil is using excess natural gas to power crypto mining: Report
24.3.2022
The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany