Search
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....
Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000
14.5.2022
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues...
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
13.5.2022
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not...
Terra Validators Halt Crypto Mining As It Tanked 99%
13.5.2022
Terra validators halted the blockchain mining at block 7607789 after the cryptocurrency fell 99% to be traded at 98.5% down, based on the data published by CoinMarketCap. Validators are drawing a plan to reconstitute the blockchain. TerraUSD, or UST, fell early morning Friday due to the algorithmic...
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
12.5.2022
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects...
First Mover Asia: Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day
10.5.2022
The manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet
SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder
9.5.2022
The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If convicted of all counts, he faces a maximum total penalty of 45 years in prison, the Justice...
SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue
8.5.2022
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty. Nvidia Failed to Disclose That Crypto Mining Was a Significant...
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners
7.5.2022
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament. Russian Miners Using...
Nvidia to pay $5.5M as part of SEC case concerning 'inadequate disclosures' around crypto mining
6.5.2022
"All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate," said Kristina Littman
Georgia to Unveil New Cryptocurrency Law by This Fall
6.5.2022
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced....