Thursday, May 19, 2022

Bitcoin Mining

Chinese authorities continue to crackdown against bitcoin miners as they seize 49 Old ASIC Antminers.

Huangpu Customs of China's Guangdong Province has said it seized 49 old used bitcoin miners from an unnamed party that was attempting to smuggle...

U.S. Treasury exempts cryptocurrency miners from IRS reporting rules.

The U.S crypto industry is about to score a major legal win as the United States Treasury Department plans to spare crypto miners and...

Argentina eliminates power subsidies for cryptocurrency miners.

The government of Argentina has eliminated the subsidies that were given to power used by cryptocurrency miners. This is the decision that the Energy...

Kosovo suspends crypto mining activities amid power shortages this winter.

The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this...

Authorities in Kyrgyzstan shut down a crypto mining farm with 2,500 mining rigs.

The region of Central Asia, including the Republic of Kyrgyzstan, has become a hotspot for cryptocurrency mining lately since China's crackdown. Its low energy...

Kazakhstan faces power deficits due to increased crypto mining operations.

Chairman of AB Inter RAO Lietuva board Alexandra Panina has voiced her concern regarding Kazakhstan’s energy deficit. As crypto miners from China migrate to...

Most American bitcoin miners are based in New York, Kentucky, Georgia, and Texas.

According to the CNBC report, most bitcoin miners in the USA are headed to New York, Kentucky, Georgia, and Texas. Within the U.S., 19.9%...

Bitmain is all set to host 56,000 bitcoin miners in Georgia State via a joint mining deal.

Bitcoin mining hardware manufacturing giant Bitmain has entered into a bitcoin mining hosting deal with data center and power partners Bit5ive and ISW Holdings,...

Crypto mining demand increases in Vietnam as bitcoin rises.

The cryptocurrency mining market in Vietnam is reportedly reviving amid the renewed crypto rally, where Bitcoin has surged above $51,000 for the first time...

Abkhazia shut down two crypto mining farms.

Authorities in Abkhazia have closed down two crypto mining farms that were illegally connected to the power grid. The facilities were minting crypto in...

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