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Iranian Government Plans to Authorise Cryptocurrency Mining

Abdol Nasser Hemmati, the governor of the Central Bank of Iran (CBI), announced yesterday that the government plans to authorise the mining of digital assets in the nation. However, those running computer systems to profit from their support of cryptocurrency networks will be charged for electricity at the country’s export price rather than the cheaper,. дальше »

2019-7-12 00:00


Iranian IT minister urges government to regulate bitcoin mining

Mohammad Javad Azari Jahromi, the country’s Information and Communication Technology Minister announced the need for a regulation on Bitcoin mining activities in the country. The news was reported by a local news agency, which highlighted a surge in the country’s power consumption due to increased mining activities in recent times. дальше »

2019-7-7 14:00


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Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid. дальше »

2019-6-26 00:30


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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »

2019-5-29 18:53


Exclusive: China’s Bitcoin mining ban inconclusive of country’s position and market dynamics, says eToro’s Greenspan

In less than a month, one of the most significant decisions impacting the price of Bitcoin will be revealed when China’s mining ban proposal returns after public consultation. With the source of a majority of Bitcoin’s hashpower being nipped in the bud, many analysts predict this could have grave implications on the larger market. дальше »

2019-4-22 16:30


Bitcoin [BTC] mining could go nuclear; Belarus emerges as China successor

Belarus has emerged as a contender to take the cryptocurrency mining mantle for China, following the latter’s proposed ban that looks to outlaw the domestic mining industry. Aleksandr Lukashenko, the President of the eastern European country, voiced his support for the decentralized currency industry in what will be a new chapter for the country. дальше »

2019-4-20 12:30


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China’s Crypto Rules Could Tighten As the Government Mulls Cryptocurrency Mining Ban

The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. Cryptocurrency mining was one of the industries proposed for immediate elimination, labeling crypto mining as backward processes that are a severe waste of resources. дальше »

2019-4-10 09:04


Despite Crypto Losses, GMO Internet’s Bitcoin Mining Business Had A Solid 2018 Posting $197 Million In Profits

Despite Crypto Losses, GMO Internet Had A Solid 2018 The Japanese IT giant GMO Internet, Inc. was a prominent piece of the crypto mining manufacturer industry in the country last year. However, despite being part of the industry, which had severe losses at the end of 2018, the company had a very positive report on […] дальше »

2019-2-13 03:33


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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019

Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market. дальше »

2019-1-12 05:00