Search
Bitcoin mining difficulty drops for the first time this year
4.3.2022
The difficulty adjustment for Bitcoin mining posted its first negative adjustment for 2021, dropping 1.5%
Bitfinex security token platform goes live in Kazakhstan
1.3.2022
While the Bitcoin mining trading is fading in Kazakhstan, Bitfinex debuts its STO platform with a BTC mining-related token
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
24.2.2022
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin...
Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms
23.2.2022
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down...
Kazakh ministry halts illegal crypto mining operations
22.2.2022
Government efforts to identify and disconnect mining farms from the electrical networks will continue, according to the announcement
Kazakhstan likely to lose Bitcoin hash rate leadership in next index update
21.2.2022
Several Chinese crypto mining giants like BIT Mining have already scraped some of their expansion plans in Kazakhstan
Helium Mounts Unicorne, DeFi & Metaverse ETFs, Crypto Executive Order + More News
18.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
____...
Read More: Helium Mounts Unicorne, DeFi & Metaverse ETFs, Crypto Executive Order + More News
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
10.2.2022
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted....
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining
9.2.2022
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining...
New Taxes Await for Kazakhstan’s Beleaguered Bitcoin and Crypto Miners
8.2.2022
The government of Kazakhstan has unveiled a package of measures aimed at further taxing the nation’s Bitcoin (BTC) and crypto mining sector. The measures will involve tax hikes on electricity, a crackdown on unregistered miners, a tax on mining hardware, and the introduction of VAT charges...
Kazakhstan proposes power price hikes and taxes targeting crypto miners
8.2.2022
The central Asian country’s government has proposed three price increases to electricity and taxes specifically targeting crypto miners
Kazakhstan Extends Power Cuts for Cryptocurrency Miners
3.2.2022
Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the measure, which was supposed to expire at the end of January. Mining Facilities...
Kazakhstan Shuts Down Crypto Mining Farms Till February
26.1.2022
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto...
Another Headache for Bitcoin Miners in Central Asia as Three Countries Hit With Blackouts
25.1.2022
Three of the Central Asian countries — Kazakhstan, Uzbekistan, and Kyrgyzstan — have been hit by a power blackout after Kazakhstan’s North-South power line was disconnected due to “emergency imbalances.”...
Read More: Another Headache for Bitcoin Miners in Central Asia as Three Countries...
Russian finance ministry official calls for crypto regulation, not restriction
25.1.2022
Russian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia
Bitcoin miners’ resilience to geopolitics — A healthy sign for the network
18.1.2022
The phenomenal recovery of the mining hash rate for BTC goes to show how resilient the network and its community are to world events
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...
Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block's mining system
14.1.2022
Bitcoin hash rate hits new all-time highs as Jack Dorsey tweets that Block is “officially building an open Bitcoin mining system.”
Bitcoin Mining Firm Luxor Launches ASIC Trading Desk
13.1.2022
On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at...