Search
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Games with Gold v březnu přinesou Flame in the Flood a český fotbal
25.2.2022
Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
24.2.2022
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin...
Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms
23.2.2022
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down...
Solidus AI Tech Raises $5.4 Million in Funding and Unveils New Partners
22.2.2022
PRESS RELEASE. High-performance computing (HPC) company Solidus AI Tech has raised $5.4 million and are now entering their 3rd round of funding. Solidus AI Tech is working to solve the problem of the lack of European HPC facilities in the global top 10. Only producing 5% of computing power despite...
$53 million raised for Assange showed the power of DAOs
18.2.2022
In an exclusive interview with Cointelegraph, AssangeDAO's core members explain how a decentralized autonomous organization could obtain the release of Julian Assange
Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High
17.2.2022
The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching...
Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners
17.2.2022
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining...
Bitcoin Hashrate Surges Tapping Lifetime High, Foundry Commands Top Mining Pool Rank for 30 Days
14.2.2022
The processing power backing the Bitcoin network has tapped another all-time high (ATH) in 2022, reaching 246 exahash per second (EH/s) on February 12. After the network reached an ATH on January 15, a month later the hashrate increased by 12.43% — this despite the network’s mining...
LBank Exchange Lists Crypton (CRP) on February 11, 2022
12.2.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 12, 2022 – LBank Exchange, a global digital asset trading platform, listed Crypton (CRP) on February 11, 2022. For all users of LBank Exchange, the CRP/USDT trading pair officially became available for trading at 20:00 (UTC+8) on February 11, 2022....
Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says
11.2.2022
University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian authorities are trying to curb crypto mining with cheap energy in residential areas. Mining...
City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High
10.2.2022
While Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called miamicoin (MIA) was launched. The Miamicoin project’s goal was to give Miami’s “citizens and supporters...
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
10.2.2022
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted....
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining
9.2.2022
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining...
Kazakhstan proposes power price hikes and taxes targeting crypto miners
8.2.2022
The central Asian country’s government has proposed three price increases to electricity and taxes specifically targeting crypto miners
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency
7.2.2022
Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of hardware theft have also...
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report
6.2.2022
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The executive power in Moscow favors regulation over the prohibition of cryptocurrencies...
Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining
5.2.2022
The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the main issue with mining in Russia as authorities prepare to legalize it. Suppliers Move Against Mining...
Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners
4.2.2022
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably...
SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms
4.2.2022
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry...