2019-1-2 03:55 |
The government of the Republic of Abkhazia has cut power to 15 crypto mining farms amid concerns over electricity consumption
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British civil servant caught mining cryptocurrency on government property during COVID-19 pandemic. Karl Beacham resigned after illegally mining Litecoin, citing earlier management approval. Mining on government property can be detected by significantly higher energy bills and noise generated by fans.
2023-6-22 18:45 | |
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Iran has become the latest country to ban Bitcoin mining, albeit for select people. Apparently, the Iranian government has decided to stop its citizens from mining Bitcoin in their homes. According to the government, household mining has been exerting too much pressure on the already burdened national electric grid. The Ministry of Energy has issued […]
2021-5-19 21:14 | |
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Due to substantial energy demand, cryptocurrency mining businesses face scrutiny from both government bodies and utility departments. However, a Canadian mining venture is taking a unique path to prevent such backlash – by constructing its own electrical grid – as per reports on August 1, 2018.
2018-8-5 06:00 | |
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After five long months of working with South Carolina officials, Genesis Mining has been dropped from the cease and desist order it received back in March 2018 from the South Carolina Securities Division.
2018-7-28 02:37 | |
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China is slowly ending all ‘unofficial’ domestic Bitcoin mining operations, and the territory of Xinjiang Uyghur is the latest to be affected. Removing Illegal Bitcoin Mining Firms From China It is evident China is a very intriguing country when it comes to Bitcoin and cryptocurrencies. In recent times, the Chinese government has focused most of
2018-7-27 10:05 | |
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A small Chinese province was coerced to close down illegal bitcoin mining activities in the respective region before August 2018. This is In accordance with Chinese government currently busting all the crypto related operations.
2018-7-25 01:50 | |
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In-line with a strict government crackdown on all things crypto, a small province in China is forced to shut-down illegal bitcoin mining operations in the region before August 2018. Mining Crackdown As reported recently on local news Jinse, the northwestern Chinese region of Xinjiang Uyghur has identified “illegal” mining operations taking advantage of the naturally cool, […] The post Chinese Region Halts Cryptocurrency Mining Operations appeared first on CryptoSlate.
2018-7-24 07:00 | |
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China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. “Local utility agencies and companies will be held accountable if they failed to shut down ‘illegal’ bitcoin mining operations,” the EIC writes. He said: “I have two partners (in the region):
2018-7-23 18:21 | |
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China's Xinjiang autonomous region is set to halt "illegal" bitcoin mining operations by the end of August, a government agency has confirmed.
2018-7-23 15:02 | |
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The cryptocurrency industry in Vietnam is going through a rough phase. More than two months after a big scam scandal gotten the attention of the country’s government, the Vietnamese Central Bank is now following the government recommendations and has agreed shut down all support for cryptocurrency mining equipment imports.
2018-7-21 21:00 | |
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According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks.
2018-7-21 23:32 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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Mining Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain. Quebec Mining Drama Continues and So Does Debate
2018-7-6 19:03 | |
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Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain.
2018-7-6 16:50 | |
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The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related to the circulation of digital coins.
2018-7-5 02:40 | |
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A month after authorities in Quebec lifted a moratorium on allowing Bitcoin miners, local businesses have begun threatening to leave suspecting unfair policies. ‘Very Saddened’ In a series of tweets June 28, D-Central founder Jonathan Bertrand claimed that due to conflicting interests and agendas at government level, as well as an “intense lobbying effort” from the world’s largest mining corporation Bitmain, had left smaller participants “completely stunned.
2018-7-4 17:00 | |
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The recent drop in Bitcoin hashrate has been attributed to a flood that occurred in a part of China where 70 percent of Bitcoin mining occurs. According to a report, China has been a strong contributor to Bitcoin mining with many mining activities operated despite the strict warnings and regulations imposed by the government.
2018-7-2 02:04 | |
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Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners. Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output.
2018-7-1 19:00 | |
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The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.
2018-6-27 20:26 | |
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We are sorry to see Iceland go from the World Cup, but fact is fact and I think it ties into the headline quite well. The real story here is that the Icelandic Government have recently aired concerns regarding cryptocurrency mining and the damage it could potentially have on Iceland’s economy.
2018-6-27 13:30 | |
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Authorities in Ukraine say that they don't have any plans to regulate the country's $100 million cryptocurrency mining market.
2018-6-26 18:23 | |
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Mining Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data.
2018-6-24 13:22 | |
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Venezuela authorities are worried as they see hyperinflation driving bitcoin trading volumes beyond control. In the last week, the records have been astonishingly high, as trading in the ‘grey market’ financial trading continued to soar.
2018-6-22 17:21 | |
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Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.
2018-6-17 01:20 | |
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It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.
2018-6-16 04:35 | |
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All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name.
2018-6-15 23:31 | |
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A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system.
2018-6-14 19:35 | |
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Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.
2018-6-13 20:24 | |
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Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.
2018-6-11 03:08 | |
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The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framework for digital assets in the US.
In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles.
In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve. ” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world.
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority.
Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.”
The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for the public good.
The third-party crypto bot Wallet is debuting its global rollout on Telegram Messenger in several countries in Latin America and Africa.