Crypto Mines Busted: Authorities Uncover Underground Mining Farms In Russia
Amid the new legislation for crypto mining in Russia, local authorities have uncovered illegal crypto mining farms in the southern ...
Tag: crypto mining
Russian Industrial Players Quietly Mine $3 Billion In Bitcoin—What’s Next?
The cryptocurrency mining in Russia has reached an industrial boom, whereby the number of Bitcoins minted by industrial miners reportedly ...
IMF Proposes Drastic 85% Electricity Tax Increase For Crypto Mining
Two IMF officials pitched for steep electricity taxation on cryptocurrency miners and recommended increasing their average global electricity cost by ...
Iran Offers $20 Reward To Citizens Who Can Report Underground Crypto Miners
A serious power crisis is what Iran is currently going through, and an unprecedented heatwave only serves to further deteriorate ...
Bitcoin Outshines Nasdaq Stock In Market Recovery Post-Black Monday – Crypto Expert
On Monday, Bitcoin, the largest cryptocurrency asset, suffered a major decline, which saw its price dropping as low as $49,000 ...
Crypto Mining In Russia: Putin Warns Of Potential Energy Catastrophe
Russian President Vladimir Putin has cautioned of an impending energy problem brought about by the unbridled growth of bitcoin mining ...
Nvidia’s ‘Deceptive’ Crypto-Mining Revenue Disclosure Faces US Supreme Court Verdict
The US Supreme Court has decided to review a case involving tech company Nvidia Corp.'s crypto mining revenue, which could ...
Crypto Crackdown: Venezuela Goes Dark On Mining To Ease Grid Overload
Originally finding comfort in the digital gold rush, Venezuelans today live in a harsh reality. Dealing with hyperinflation and economic ...
