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Crypto Mining
Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating
On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC)…
SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak
The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a…
$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan
Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric…
Arkansas Senator Calls For Reversal Of Controversial New Crypto Mining Law
In April 2023, Arkansas made history by becoming the first state to pass the ‘Right to Mine’ Bitcoin…
Pakistan to Ban Online Services Related to Cryptocurrencies
Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset…
Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners,…
Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely…
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining…
Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports
Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data…
Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court
Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court…
Several Crypto Mining Operations Busted in Russia
Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing…
