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Russian Ministry’s Crypto Mining Plans ‘a Cause for Concern’
3.9.2020
The Russian Ministry of Finance wants to ban crypto miners from receiving token rewards leading to what newspaper Izvestia has called “a de facto ban on the circulation of cryptoassets in Russia.”
The newspaper said it has seen Ministry of Finance-drafted legislation proposals pertaining to...
Kazakhstan on track for $700M crypto mining investment goal, says minister
2.9.2020
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining
Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
2.9.2020
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto...
Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill
31.8.2020
Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk
Geopolitical risks prevail as new players emerge in the crypto mining space
28.8.2020
China is not the only country that wants control of this highly coveted industry
Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17.7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight...
The Iranian government took down over a thousand crypto mining farms
24.8.2020
Iran is rewarding people who turn in crypto miners operating without a license
Miners on Decentralised Storage Network Compete For 4 Million Token Prize
23.8.2020
It’s a different kind of Space Race
Two Suspects Arrested in USD 1.5m Crypto Mining Electricity Theft
20.8.2020
Source: Adobe/Артем Константинов
Officials from the Oblast Directorate of the Ministry of Interior Affairs (ODMVR) and CEZ Electro Bulgaria have reportedly made two arrests in what is described as the “largest theft” of electricity for cryptocurrency mining in the Balkan country.
The two...
Researchers Detect Crypto-Mining Worm to Steal AWS Credentials
18.8.2020
Cybersecurity researchers now expect future cryptojackers to mimic this worm’s ability to hack Amazon Web Services credentials
Nvidia Accused of Trying to Discredit Ex-Employee in Crypto Mining Revenue Trial
17.8.2020
Investors suing Nvidia have opposed a motion from the U.S. chipmaker that would shut out the testimony from an ex-employee
Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran
14.8.2020
During the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July. According to the Chinese mining operation Lubian, it claims to operate...
Iran One-Ups the United States? Tehran Seeks Crypto Mining Dominance
7.8.2020
Iran’s government OKs power plants mining crypto as the country moves forward with a national strategy for cryptocurrency mining
Altcoins Account for One Third of Total Crypto Mining Power Usage
7.8.2020
An analysis of the 20 largest crypto assets by market cap determined that Bitcoin mining accounted for only 66% of total power consumption
Kazakhstan May Tax Crypto Mining At a Flat-Rate of 15%
6.8.2020
Kazakhstan’s Ministry of the Economy wants to tax crypto mining in an effort to deal with the COVID-19 pandemic
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
Various Crypto Mining Strategies Underline Industry’s Growth Potential
2.8.2020
PoS mining platforms are gaining traction globally but could use more polishing and real-life testing, according to experts
The Future of Crypto Mining is All About Computing Power, Says RRMine Global CEO
30.7.2020
Crypto mining’s future will become more tech oriented, says CEO of RRMine global
Marine Corps Bans Crypto Mining Apps From Government-Issued Mobile Devices
29.7.2020
The Tuesday memo does not give a specific reason for the bitcoin mining ban but broadly cited security concerns
Power Plants in Iran Are Authorized to Mine Bitcoin
29.7.2020
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...