Irkutsk Region Implements New Energy Tariffs to Address Mining-Driven Power Shortage

Starting July 1, 2024, the Irkutsk Region will adopt differentiated electricity tariffs based on consumption levels, announced Governor Igor Kobzev….

13 hours ago

Clandestine Crypto Farms Discovered in Volgograd: Farmers Mask Mining Noise with Animal Sounds

In an unusual crackdown, power engineers from Rosseti-South and local police have uncovered three hidden cryptocurrency mining operations in the…

13 hours ago

Sweden Cracks Down on Crypto Mining Data Centers for Tax Evasion

Sweden’s tax authority has exposed tax irregularities in 18 data centers involved in undisclosed cryptocurrency mining operations. The investigation, spanning…

19 hours ago

Bitcoin Mining Stocks Plunge as Halving Looms: A 30% Drop Ahead of Critical Event

As the Bitcoin halving event approaches on April 20th, publicly listed Bitcoin mining firms are seeing a significant drop in…

1 day ago

Harnessing Flare Gas: Iraq’s New Strategy for Bitcoin Mining

1 day ago

Russia’s Big Business Bets on Bitcoin Mining Amid Sanctions and African Collaborations

2 days ago

Fraudsters Convicted in Irkutsk for Fake Mining Equipment Sales

2 days ago

Anticipation Builds as Bitcoin Halving Approaches Sooner Than Expected

As Bitcoin’s much-anticipated halving event draws near, the race is on among miners to solve block 840,000. Although it was…

2 days ago

Core Scientific Boosts Bitcoin Mining Capacity in Texas Ahead of Halving

Core Scientific, a leading public bitcoin mining company recognized for its substantial hashrate, is embarking on an expansion to enhance…

2 days ago

BITMAIN to Unveil ANTMINER L9 with Impressive Energy Efficiency

3 days ago

Man Accused of Defrauding Cloud Providers for Crypto Mining in Multi-Million Dollar Scheme

A man named Charles O. Parks III, also known as “CP3O,” stands accused by the Brooklyn U.S. Attorney’s Office of…

3 days ago

Arkansas Moves to Curb Crypto Mining Energy Consumption with New Bill

In a decisive move, the Arkansas Senate passed a resolution allowing the introduction of legislation that would impose fees on…

3 days ago

Norway Sets Regulatory Gaze on Crypto Mining Amid Environmental Concerns

3 days ago

ERCOT’s Proactive Measures Amid Texas Heatwave to Stave Off Grid Emergency

The Electric Reliability Council of Texas (ERCOT), responsible for overseeing the state’s electrical grid, is taking preemptive action to mitigate…

4 days ago

Bitcoin’s Halving Event Signals Minor Hashrate Dip, Swift Recovery Anticipated

In the wake of the anticipated Bitcoin halving, experts forecast a mere 5-10% dip in the network’s hashrate, according to…

4 days ago

Bitcoin Halving’s High Stakes: Miners Face $10 Billion Revenue Hit

4 days ago

Australia Takes Decisive Action Against Unlicensed Crypto Mining Operations

In a significant legal move, the Australian Federal Court has authorized the transfer of approximately US$41 million in digital assets…

4 days ago

Bitfarms’ Strategic Upgrades Propel Toward 12 EH/s Target

Bitfarms Ltd., a prominent player in the global Bitcoin mining industry, recently achieved a milestone by enhancing its operational efficiency…

4 days ago

China’s Grip Over U.S. Bitcoin Mining: A Trojan Horse Threat

China‘s significant influence over Bitcoin mining in the U.S. has raised substantial security concerns, spotlighting the need for immediate regulatory…

7 days ago

Finland: The Next Big Destination for Bitcoin Miners?

Finland is emerging as a promising new destination for Bitcoin miners, leveraging its robust electricity generation capacity and innovative heat…

7 days ago

Public Bitcoin Miners Ramp Up Reserves as Halving Nears

April 11, 2024, marks a pivotal moment for public Bitcoin mining companies as they collectively hold over 46.2k BTC, reaching…

7 days ago

BitFuFu Achieves Remarkable Growth, Boosting Hashrate to 23 EH/s

BitFuFu, a Bitmain-invested bitcoin mining and cloud mining platform, has reported a significant increase in its operational hashrate, rising from…

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