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Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
19.1.2022
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia....
More Awesome Git Aliases
17.1.2022
In the last article in this series, Awesome Git Aliases, we took a look at some awesome aliases for Git. However, the true power of Git aliases comes from writing custom scripts. These allow you to build Git commands that can do anything you can imagine. In this article, I’ll show you how...
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH
15.1.2022
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped...
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town
13.1.2022
A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local utility are taking on the issue of dealing with power shortages in the mountainous region of Svaneti....
Bitcoin & Crypto Mining Gets Another Latin American Hydroelectric Power Boost
12.1.2022
The future of Bitcoin (BTC) and crypto mining could involve a move away from coal and Asia – and toward hydroelectric energy and the Latin America region, with a Costa Rican power plant now feeding electricity to “hundreds” of mining rigs....
Read More: Bitcoin & Crypto Mining Gets Another Latin...
El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City
11.1.2022
The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele...
Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country
10.1.2022
The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country...
Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown
9.1.2022
Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms was launched after authorities in Pristina banned the power-hungry minting of digital currencies amid an energy crisis in the country....
Institutional Investors Say SEC Having More Power to Regulate Crypto Will Boost Prices
8.1.2022
Institutional investors are optimistic about the U.S. Securities and Exchange Commission (SEC) having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is granted extra powers, the prices of cryptocurrencies will be positively impacted. What Institutional...
Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate
6.1.2022
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed...
xDollar Partners with Iotex to Power Web3 Currency and Cross-Chain, Interest-Free Loans
6.1.2022
IoTeX has announced a series of partnerships, and its fast-growing ecosystem in 2021 has seen projects on its platform increase exponentially from a couple dozen to over 126. As part of this ongoing growth, xDollar has announced its partnership with IoTeX to power Web3 money and non-custodial...
Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests
6.1.2022
Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices...
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis
5.1.2022
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo...
Kosovar government halts crypto mining amid power crisis
4.1.2022
Following a recommendation from the Technical Committee on "Emergency Measures for Energy Supply," Kosovo's minister of Economy has decided to ban crypto mining
Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts
3.1.2022
The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they...
Power Outages in Russia’s Irkutsk Region Blamed on Home Miners
2.1.2022
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source...
0.2 Zettahash: Bitcoin’s Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH
2.1.2022
Bitcoin’s hashrate tapped a lifetime high on the first day of 2022 reaching 209.39 exahash per second (EH/s). During the last 12 months, Bitcoin’s hashrate has increased by 47.92% from the 141.55 EH/s recorded on January 3, 2021. Bitcoin’s Hashpower Reaches a New Milestone...
Shiba Inu Project Reveals ‘Doggy DAO,’ Devs Say Phase 1 to Provide ‘Immediate Power to the SHIB Army’
1.1.2022
During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto...
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
31.12.2021
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down...