Tag: Crypto Mining

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

The New Year seems to be going well for digital assets as their prices have been on a recovery trend with contagion on crypto stocks

US authorities in Utah have discovered antennas in Salt Lake City and have been looking to uncover the owners and purpose of the antennas

BlackRock, an investment management firm, is among the creditors that lent funds to the insolvent crypto-mining firm, Core Scientific

Rent the capacity of QubitHashes data centers and enjoy green cloud mining with the company. It is the easiest way of crypto-mining

The Kentucky Public Service Commission (PSC) launches an investigation into contracts offering discounted energy to new crypto-mining operations

Kathy Hochul, New York Governor has signed legislation establishing a two-year moratorium on cryptocurrency mining operations in the state

Applied Digital has floated a $100 million dedicated fund to acquire crypto mining tools for distressing platforms

The national tax authority of Argentina has uncovered an undeclared Bitcoin (BTC) mining farm which happened amidst a mega operations raid

Binance has announced that through its crypto mining pool Binance Pool, it has introduced a $500 million miners lending project

Greenidge Generation Holdings is in the middle of reshuffling positions after its Chief Executive Officer (CEO) Jeffery Kirt quits

According to a recent analysis by the Cambridge Center for Alternative Finance (CCAF), fossil fuels were used to produce about 62% of all the energy used by Bitcoin since January 2022. This indicates that in 2022, only 38% of the total energy consumption in Bitcoin mining came from renewable sources. The study, submitted to the […]

Iran, one of the most powerful economies in the Middle East, is said to have placed its first import order using digital assets. The initiative took place earlier this week and contained goods worth $10 million. The move comes months after the Ministry of Trade and the Central Bank of Iran (CBI) inked a deal […]

The government of Uzbekistan has once again unveiled its bitter-sweet approach to Bitcoin (BTC) mining activities in the country with a new set of guidelines designed to govern the ecosystem. Uzbekistan’s National Agency of Prospective Projects (NAPP) has published a set of demands from crypto miners in the nation through the “Guidelines on the registration […]

Following President Joe Biden’s Executive Order issued in March this year tasking US agencies to harmonize their approaches to the nascent digital currency ecosystem, a lot of responses from these agencies are already underway. As reported by Bloomberg Law, the White House Office of Science and Technology Policy (OSTP) is on track to release a […]

Parliament’s version of a crypto mining bill in Russia has dropped several crucial provisions in less than a month, including the requirement for mining operators for special registration and a one-year tax remission for all those who have registered. According to the reasoning, the earlier proposal would result in federal budget losses. The database of the Russian […]

The Iranian government has unveiled additional sanctions on individuals or entities that are caught involved in the illegal mining of cryptocurrencies in the country. According to the Tehran Times, the government is particularly frowning at the use of subsidized energy meant for domestic consumption for crypto mining, as it noted that the move can continually […]