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Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
26.5.2021
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed...
Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative
26.5.2021
Michael Saylor has provided more context on the Mining Council, and hopes to combat the anti-crypto narrative with greater Bitcoin mining transparency
Chinese Internet Cafe Owners Deal With the Pandemic Crisis by Using Their Facilities to Mine Cryptocurrencies
20.5.2021
The Coronavirus pandemic has driven people to take advantage of new business lines to deal with the economic crisis, and cryptocurrency is once again a headliner. Internet cafe owners in China are using their facilities to set up crypto mining farms after temporarily shutting down in 2020. Owners...
Nvidia extends limits on crypto mining to newest gaming graphics cards
18.5.2021
The global head of GeForce marketing at Nvidia said that the reduced hash rate "only applies to newly manufactured cards," not to GPUs already purchased
COVID Forces Chinese Internet Cafes to Turn into Crypto Mining Hubs
17.5.2021
Chinese internet cafe owners are turning their businesses into crypto mining centers as social distancing measures continue to bite in the Middle Kingdom.
According to The Time Weekly, via Sina, a huge number of the 24-hour internet cafes, created primarily for PC gamers, closed down in 2020 – when...
Mobile crypto ‘mining’ app possibly connected to personal data leak
17.5.2021
A 17 GB personal data leak reportedly sprung from the Pi Network mobile app
Urban Tea Now Accepts Cryptocurrencies Including Dogecoin
12.5.2021
A specialty tea products retailer based in China’s Hunan province, Urban Tea, has introduced crypto payments in its stores and restaurants on two continents. Starting from this week, customers will be able to buy its beverages and meals using various cryptocurrencies. Chinese Tea Stores...
South Korea to Impose a 20% Tax on Crypto Mining Activities
8.5.2021
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...
Climate Change Targets Bitcoin Mining: NY Lawmaker Proposes 3-Year Moratorium on Mining Operations in the State
5.5.2021
U.S. bureaucrats, particularly Democrats, are concerned about climate change and have introduced lots of legislation in order to address these concerns. Now a lawmaker from New York wants to establish a moratorium for bitcoin mining facilities located in the state, which means cryptocurrency miners...
New York Takes Heat From Miami Over 'Wrong' Crypto Mining Ban Proposal
5.5.2021
A draft bill introduced by Sen. Kevin S. Parker, a member of the New York State Legislature from the ruling Democratic Party, seeks to impose a moratorium on cryptocurrency mining for three years. The move has been blasted “as another step by NY in the wrong direction” by Miami Mayor and Republican...
New York bill proposes to ban crypto mining for 3 years over carbon concerns
5.5.2021
A bill seeking to “pause” crypto mining for three years in New York was referred to the state's Environmental Conservation committee on May 3
Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities
1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...
Bitcoin mining in China set for 'stricter supervision' due to carbon concerns
30.4.2021
China is reportedly paying more attention to the crypto mining sector, amid concerns of its growing carbon footprint
Nvidia again limiting crypto mining on its RTX-3060 gaming graphics card
30.4.2021
After accidentally unlocking its own hash rate limiter in a driver update, Nvidia has announced it will lock new cards again by reducing the mining capacity by 50%
Beijing investigates crypto mining farms to improve energy efficiency
29.4.2021
Bitcoin's electricity bill has been attracting the attention of regulators worldwide
Intel Partners With Microsoft to Combat Cryptojacking Attacks by Deploying a Threat Detection Tool
29.4.2021
Although recent studies have been showing a slowdown in cryptojacking activities, especially the ones related to mining privacy coins, Intel remains on the hunt to crackdown on such activities. The tech giant has partnered with Microsoft to deploy a campaign that strengthens cryptojacking detection...
Former gov't official blames crypto mining for energy crisis in Kyrgyzstan
28.4.2021
As the Kyrgyz government discusses raising electricity tariffs again, a former official says that crypto mining is a significant driver of the ongoing energy crisis
Expert Believes Nuclear-Powered Crypto Mining Could Help Ukraine to Solve Energy Spending Problems
16.4.2021
Bitcoin mining could be a proper asset to solve one of the significant issues in the Ukrainian energy sector: spending. A financial expert praised the recent push given by Ukraine’s government to nuclear-powered crypto mining across the nation. Crypto Mining Can ‘Smooth out’...
Tech Firm Nvidia Introduces New Silicon Version
16.4.2021
Hailing from America as a technology firm specializing in graphics processing units and computer chips, Nvidia has announced to release a new version of GA106 silicon in May as an attempt to reinstate its position in the domain. The firm had to face a lot of criticism in the past ever since...
Crypto mining will be a bridge to 100% renewable energy production, says Mike Colyer
13.4.2021
"At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries," said the Foundry Digital CEO