Tag: Crypto Mining

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.

Crypto mining firms operating in the US could possibly face a 30% excise tax on electricity used for crypto mining

Montana State is working on legalizing cryptocurrency mining and protecting the rights of miners in the state with new legislation

Kazakhstan has introduced a new law has been introduced to mitigate crypto mining tax fraud and any bad business operations in the ecosystem

CleanSpark crypto mining firm has announced its intention to acquire more mining assets despite market challenges