Tag: Crypto Mining

Malaysia’s main electricity company, Tenaga Nasional Berhad (TNB), has reported huge losses of over $1.1 billion

Kyrgyzstan has temporarily disconnected its crypto mining farms due to energy shortages amid low water in hydroelectric dams

Paraguayan police have stopped an attempted theft at a crypto mining site near the Itaipu hydroelectric dam

The Kazakhstan government plans to modernize its energy system and grow its digital economy with crypto innovations

A recent report from the United Nations Office on Drugs and Crime (UNODC) highlighted a new phase of global organized crypto mining crime

The U.S Senate has received a bill targeting crypto mining facilities and Artificial Intelligence (AI) data centers

Pakistan is working towards becoming a haven for crypto mining. One way it plans to achieve this feat is to introduce special tariffs

Rosseti Group, Russia’s main power grid company, reported major financial losses from illegal crypto mining in 2024

The Russian government is tightening its grip on the crypto mining sector as it demands compulsory registration from firms

The Russian Finance Ministry is looking to crackdown on crypto miners with plans to impose a new energy tax

"They're loud, they're hot, and they suck up a ton of electricity, which can crash the power grid," said Senator Elizabeth Warren.

Between 2018 and 2023, unlawful crypto mining activities in Malaysia pilfered $723 million worth of electricity.

US President Joe Biden aims to rescind MineOne's property rights due to potential threats to the United States' national security.

While China and Iceland have long been synonymous with crypto mining, the tide is turning towards South America and Africa.

The DoJ claims that Jeffrey Menge and Eric Drabert sent all the crypto generated in the process into their own digital asset wallets. 

Following El Salvador's adoption of Bitcoin in 2021, Laos granted permission for over 6 enterprises to generate Bitcoin within its borders.

Dropbox, the popular file storage platform has revealed it will no longer support u limited storages because of crypto miners

President Joe Biden's proposed budget might eventually subject cryptocurrency miners in the United States to a 30% tax on electricity bills.