The Monero community is working on some key measures to guard the interest of its miners. In this regard, Monero (XMR) shall be introducing an upgrade dubbed Tail Emission in the coming days. Tail Emi...
Tag: Miners
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving – Bitcoin News
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving t...
Kazakhstan imposes strict energy consumption reporting requirements on crypto miners
Kazakhstan has imposed new reporting requirements that seek to determine the energy consumption rate by crypto miners. The order requires every crypto-miner in the country to provide detailed informat...
Uzbekistan Offers Tax Benefits For Crypto Miners Using Renewable Energy Sources
The new presidential decree published on April 27 will cause electricity prices pulled from the standard energy grid to increase by double. The Uzbekistan new law will support the use of solar power i...
Kazakhstan Amends Registration Rules for Cryptocurrency Miners – Mining Bitcoin News
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in th...
Kazakhstan unveils new requirements for miners 1
Kazakhstan has sounded out a new requirement that will see crypto miners report their activities before kickstarting their mining activities. According to a report, the government has been keeping a k...
Kazakhstan ramps up power consumption reporting requirements for crypto miners
The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry’s energy usage affects the local power grid. The orde...
Good Times Are Ahead for Lithium Miners as Prices Continue to Surge
(Bloomberg) — Good times are ahead for producers of lithium, the battery material that’s key to the electrification of transportation. Most Read from Bloomberg Albemarle Corp., the world’s No. 1...
US Issues New Sanctions Against Crypto Miners in Russia
The United States is imposing more sanctions on Russia for its alleged involvement in the Ukraine invasion. The country is now saying it will penalize all crypto miners who seek to assist Russia in ev...
Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator
The Bitcoin Mining Council (BMC) responded to a letter sent to the United States Environmental Protection Agency (EPA) administrator Michael Regan by Democratic legislators last month with a letter of...
Yuga Lab’s Land mint led to Ethereum miners making $87.66m
Ethereum miners made $87.664 million in a solitary hour during the Otherside Metaverse NFT mint During a similar time frame, Ethereum clients paid an expense of $4,830 per exchange Practically 64k Eth...
Bitcoin Price Continues Struggle, But Miners Refuse To Sell
On-chain data shows while the price of Bitcoin has continued to struggle recently, miners have shown diamond hands. Bitcoin Miner Reserve Holds Still Amid The Recent Price Consolidation As pointed out...
Marathon Kicks Off Bitcoin Miners’ Earnings With Focus on Rig Deployment, Funding
For its part, Jefferies’ Petersen is looking for updates on how the company plans to relocate its mining machines away from a site in Hardin, Mont. that is powered by coal, to a site with more renewab...
MedTech Firm, Spine, Changes Name, Introduces Product for Crypto Miners
Spine Injury Solutions, a spine injury-related medical service and technology (MedTech) company, has changed its name to Bitech Technologies Corporation. This comes a few weeks after the MedTech compa...
A looming global energy crisis could directly affect Bitcoin miners
The World Bank recently reported that global energy prices could remain “historically high” until 2024. They expect energy prices to “rise more than 50% in 2022.” Given that energy is the only direct ...
Battered Bitcoin Miners Increasingly Turn to Debt Financing
As the industry matures, debt capital is preferred by investors, given its nondilutive nature. Indeed, offering equity in the current market has often not been kind to the share price of miners. Most ...
Rising energy prices taken advantage of by Bitcoin miners
Bitcoin miners are benefitting from the utilization of coal It is getting back in the game as the worldwide energy emergency begins to chomp up One of the outcomes of Russia’s intrusion of Ukraine in...
Crypto Miners Now Taking Advantage of Increase in Coal Energy Usage
Despite these obvious negative contributions, some mining companies, though using coal to power their crypto mining operations, are helping the environment in a mutually beneficial setting. The curre...
Bitcoin Miners Take Advantage Rising Energy Prices
Coal is making a comeback as the global energy crisis starts to bite, and bitcoin miners are profiting from its use. One of the consequences of Russia’s invasion of Ukraine in Feb was a resurgence in ...
Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficien...
US Treasury sanctions Russian crypto miners, its first sanction on mining
advertisement Today, the US Treasury took aim at Russia’s cryptocurrency mining industry. On April 20, the Treasury’s Office of Foreign Assets Control added Russia-based cryptocurrency min...
BitRiver Calls OFAC Sanctions ‘Unfair’ Anti-Competitive Move to Benefit US Miners
BitRiver’s parent company is based in Switzerland and “has never provided services to Russian government institutions” or worked with entities already targeted by sanctions, Igor Runets, the com...
U.S. Treasury Sanctions Russian Crypto Miners
Key Takeaways The U.S. Treasury and OFAC have introduced sanctions against BitRiver, a Russia- and Switzerland-based crypto mining company. BitRiver is named along with ten of its subsidiaries in a li...
Kazakhstan preparing to raise tax on cryptocurrency miners
Kazakhstan’s government is preparing to raise the tax burden on cryptocurrency miners, with the new rate tied to the value of the created cryptocurrency. The authorities in Nur-Sultan feel...
Iran Doubles Down on its War Against Illegal Crypto Miners (Report)
The Iranian authorities will reportedly impose harsher penalties on illegal cryptocurrency miners as some operators could even go to jail. Before that, the officials banned all digital asset mining en...
Illegal Crypto Mining Can Get Miners Arrested, Their Business License Revoked In Iran
Bitcoin and controversy go hand in hand ever since the advent of the crypto asset. Today, Countries around the world are seeking to regulate the booming crypto industry. The authorities in Iran banne...
Bitcoin Miners to Face Tougher Penalties in Iran if They Operate Illegally
Alex Dovbnya Iran’s government plans to ramp up penalties for illegal cryptocurrency mining operations to avoid blackouts Iran’s government is on track to introduce more stringent penalties for those ...
Kazakhstan to implement a new tax system for Bitcoin miners
TL;DR Breakdown Kazakhstan`s Minister of National Economy reveals that the government is presently developing a new mining tax system. The newly imposed taxations could trickle down to crypto-miners m...
NY Still Looking Into Public Comments On Bitcoin Miners Owned Finger Lakes Power Plant
Yvonne Taylor along with other business owners in Seneca Lake are awaiting the decision of Gov. Kathy Hochul and the New York State Department of Environmental Conservation (DEC), on an on-air permit ...