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Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts


Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms...

Illegal Crypto Miners Threatened With Jail Time in Russia


Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state...

Bitcoin Mining Hash Rate to Double in 2022, Compute North CEO Predicts


  With all of the new capacity that is being promised by major bitcoin (BTC) miners, the bitcoin network’s hash rate – or the computing power that goes into mining new coins – is likely to grow twice the current number over the following year, suggested Dave Perrill, CEO of mining infrastructure...

Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages


Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away...

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What if HTML had “tabs”? That would be cool, says I. Dave has been spending some of his time and energy, along with a group of “Tabvengers” from OpenUI, on this. A lot of research leads to a bit …

More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan


Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming public opinion that they are responsible for the country’s electricity...

El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’


President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from...

Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining


The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more...

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