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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
23.5.2021
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...
Green Investments Help Bitcoin Miners Amid Possible Regulatory Crackdown
20.5.2021
Regulators have been moving into multiple areas of the crypto industry, and they will – in one way or another – come after crypto mining powered by non-renewables, according to two miners that talked with Cryptonews.com.
However, as the concerns, facts, and misinformation over Bitcoin (BTC)’s...
Nvidia Aims to Get Its GPUs Back ‘Into the Hands of Gamers’ by Reducing Mining Capabilities on 3 Graphic Cards
20.5.2021
A major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit the capabilities for some of its newly graphic...
Inner Mongolia sets up hotline to report suspected crypto miners
19.5.2021
Authorities in Inner Mongolia are cracking down further on crypto mining operations that may be jeopardizing the region's bid to reduce carbon emissions
Nvidia Is Trying To Stop Crypto Miners Buying RTX 3000 Series Cards
19.5.2021
Earlier this year, Nvidia announced that their GeForce RTX 3060 graphics cards would ship with a “reduced Ethereum hash rate”, making them a lot less useful for crypto miners. They’re now extending that move to the RTX 3080, RTX 3070 and RTX 3060 Ti as well.Read more
Iranian crypto miners using household energy to face large fines
17.5.2021
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
17.5.2021
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners...
Crypto industry brass explains harnessing renewable energy could help BTC miners
14.5.2021
Bitcoin mining via renewable energy is already prominent, one CEO explains
Bitcoin Mining Difficulty is Set for an ATH As Miners Send Bullish Signs
12.5.2021
Bitcoin (BTC) mining difficulty is set for a new all-time high (ATH), cutting into the profit margins of BTC miners that are still estimated to increase the computing power of the network even more despite the price of BTC has been stuck in a range recently.
The measure of how hard it is to compete...
Russian Crypto Miners Brace for Computer Chip Crisis Fallout
11.5.2021
Russian crypto miners could be hit by the looming semiconductor shortfall, per a new report – as chipmakers warn of a sharp drop in production rates.
Consumer electronics brands such as South Korea’s Samsung and LG have joined an increasingly loud chorus, which also includes the automakers...
Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders
8.5.2021
The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. Traders will bear full responsibility for the risks, the bank cautioned...
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...
Shanghai Man: VeChain on TV, DOGE flips BTC volume, Hotbit hack and more ...
7.5.2021
DOGE leading in volume and search hits, VeChain’s blockchain solution on state run CGTN, and HOO launches a smart chain of its own
South Korean Bitcoin miners can deduct electricity costs from crypto tax filings
6.5.2021
Crypto miners will be able to deduct electricity costs as business expenses when filing cryptocurrency taxes starting in 2022
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...
Bitcoin miners' revenue rebounds to $60M per day — Is the bull run about to resume?
5.5.2021
Miners are returning to Bitcoin as difficulty drops and revenues reach all-time highs
Almost half of Bitcoin hash rate signaling for Taproot activation
4.5.2021
Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest crypto by market capitalization
Blockcap plans to have 50K Bitcoin miners operational by 2023
3.5.2021
Executive chair and founder Darin Feinstein said the firm plans to make the U.S. a global leader in making blockchain technology mainstream
Bitcoin Miners Start Signaling for Taproot Activation, People Prep for BTC’s Largest Update in 4 Years
3.5.2021
Bitcoin miners have started to signal for Taproot activation and crypto supporters are looking forward to the largest bitcoin update in almost four years. The mining operation Slush Pool mined the first block signaling for Taproot and since then the pools Foundry and F2pool have joined in...
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...