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Mining

Iran: Latest Crypto Mining Clampdowns Trigger New Regulations

James Dodson | August 26, 2022 | Leave a comment
The past five months had Iran seizing over 9.4K cryptocurrency mining rigs, while the nation dealt with electricity outages during summer. According to Tehran Electricity Company CEO Kambiz Nazerian and Iran International, these mining equipment are scattered across the...
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Will ETH Miners Use Ethereum Classic as Replacement After Merge?

James Dodson | July 20, 2022 | Leave a comment
Ethereum has presented substantial upswings over the previous week, shooting past the $1,500 mark by July 19. Nevertheless, Ether might not be the single benefactor of the recent Merge update. An old face reaps benefits from this news. Ethereum...
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Russia Wanted To Legalize Bitcoin Mining In Some Areas

George Wisneski | February 18, 2022 | Leave a comment
The proposal was made to introduce taxes on crypto mining realized profits and to recognize it as a commercial activity. As the Russian government working out a regulatory framework for digital assets, another proposal regarding the crypto mining industry...
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Bitcoin Miners Embrace the Global Mining Power in Terms of Developing ‘Vigorously’

George Wisneski | January 31, 2022 | Leave a comment
As per experts in the field, irrespective of Bitcoin’s charge, Cryptocurrency is the most stable it has ever been. Cryptocurrency (Bitcoin) is, from all indications, at the top of everyone’s mind these days, as the charge of Bitcoins has...
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Block, Led By Jack Dorsey, Has Announced A BTC Mining Platform And Is Putting Together A Core Group

George Wisneski | January 15, 2022 | Leave a comment
Block, the company of the outgoing in earlier times branded as per Square and led by Twitter co-founder Dorsey is developing a Cryptocurrency (Bitcoins) processing infrastructure and employing a team to help with it. On Wednesday, Jack wrote that...
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Russian Government Permits Regions to Raise Electricity Rates for Crypto Miners

George Wisneski | January 2, 2022 | Leave a comment
Moscow’s federal government has given permission to regions for determining the local electricity tariffs for the people and this could end up having an impact on crypto mining at homes. The subsidized household electricity in the country is being...
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US Senator has Questioned the Environmental Footprint of Bitcoin Miner Greenidge

Brian Oldham | December 24, 2021 | Leave a comment
Senator Elizabeth Warren has written to the CEO of Greenidge generation holding, inquiring about the excessive impact that their Bitcoin mining operation has imparted to the environment. This mining facility is currently operating in upstate New York and at...
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Swedish Authorities Ask European Union For A Ban On Crypto Mining Activity

Kavon Hyatt | December 13, 2021 | Leave a comment
Swedish officials have issued an open letter for European Union recommending a prohibition over the energy-exhaustive crypto mining operations as it is hindering the country, as well as the EU area in general, from fulfilling the Paris Climate Agreement...
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Around 45% Of The BTC Mining Industry Is Reportedly Relocating: Is It Good News For BTC?

Kavon Hyatt | July 7, 2021 | Leave a comment
Right now, as the Bitcoin (BTC) hash rate is moving away from China, it has also dropped noticeably. Chinese crackdown has forced 45% of crypto miners to relocate, but Bitcoin (BTC) is not affected much from this. Undoubtedly it...
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Texas Could Be The Next Destination For Chinese BTC Miners

Kavon Hyatt | June 21, 2021 | Leave a comment
China has become a kind of ‘dead zone’ when it comes to Bitcoin (BTC) and cryptocurrencies in general. 75% of the world’s total BTC mining hash rate had previously come from China, and ever since the ban had been...
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