Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
The authorities of Kazakhstan has collected $1.5 million from crypto miners within the first quarter of this yr, official knowledge reveals. The cash comes from...
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
The share of crypto miners in Russia’s energy consumption construction already exceeds 2%, in keeping with a brand new authorities estimate. On this backdrop, the...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
Even after introducing fines and felony legal responsibility for cryptocurrency mining, Abkhazia continues to search out underground services for digital foreign money extraction. This week,...
Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown
Law enforcement and different authorities in Dagestan have closed down two unlawful crypto farms, confiscating greater than 1,500 mining machines. Government businesses within the republic,...
Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000
Authorities in Iran have shut down near 7,000 unauthorized services for cryptocurrency mining prior to now two years, native media revealed. According to a report,...
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
A push to ban the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by nearly all of lawmakers. The ban had been steered...
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners
The anti-monopoly service of Russia has instructed that Russians minting digital currencies at their properties ought to pay extra for the spent electrical vitality. The...
Abkhazia Extends Crypto Mining Ban Till End of Year
Authorities in Abkhazia have determined to take care of a ban on cryptocurrency mining within the territory. The partially acknowledged republic within the South Caucasus...
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
In the previous two years, legislation enforcement authorities in Malaysia have arrested a whole bunch of people for theft of electrical energy allegedly used to...
Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining
Law enforcement officers in Kazakhstan have busted one other mining facility as they proceed to crack down on unlawful actions within the sector. The crypto...