Crypto Mining News

Russia’s Top Crypto Miners Earn $200M in 2024 Despite Nation’s Mining Restrictions

Russia’s cryptocurrency mining industry is showing robust growth, with new data revealing that its two leading firms, BitRiver and Intelion, generated a combined $200...

Paraguay Detains 3 Undocumented Chinese Immigrants Over Failed Crypto Mining Theft

Paraguayan authorities have deported three foreign nationals and arrested a fourth individual in connection with an attempted theft of cryptocurrency mining equipment near the...

Nebraska State Legislature Introduces Stricter Oversight for Bitcoin Mining Activities Via Recently Passed Bill

The Nebraska State Legislature has taken a significant step toward regulating cryptocurrency infrastructure by passing bill LB 526, aimed specifically at Bitcoin mining operations.  https://twitter.com/Bitcoin_Laws/status/1922752455126757461 The...

Malaysia Sees 300% Spike In Electricity Thefts Fueled By Illegal Crypto Mining

Malaysia saw a threefold increase in electricity theft from 2018 to the end of 2024, driven largely by rogue cryptocurrency miners tapping into the...

Bitcoin Miner Hut 8 Reports First Quarter Net Loss of $134M While Pursuing Strategic Business Shift

Bitcoin mining firm Hut 8 has reported a significant net loss of $134.3 million for the first quarter of 2025, as the company undergoes...

Jack Dorsey’s Block Targets $6B Crypto Mining Market with New Open-Source Proto Chip

Jack Dorsey's Block, formerly known as Square, is making a daring move into the Bitcoin mining market by creating an open-source mining chip called...

British Crypto Firm BTCMining Limited Shut Down By Court Over Serious Crypto Fraud Allegations

The Manchester High Court has officially shut down BTCMining Limited, a UK-registered crypto asset firm, after serious allegations of fraud involving victims from multiple...

Malaysian Bitcoin Mining Syndicate Busted for Allegedly Stealing Electricity Worth $83,410 Monthly

Malaysian law enforcement, working alongside the Special Engagement Against Losses (SEAL) unit of Tenaga Nasional Berhad (TNB), has successfully dismantled a large-scale illegal Bitcoin...

Cambridge Study Finds Bitcoin Mining’s Sustainable Energy Use Rising To 52.4%

A new report from Cambridge University reveals that sustainable energy now powers over half of global Bitcoin mining.  The Cambridge Digital Mining Industry Report, published...

Bitcoin Mining Firm Bit Digital Set to Acquire $53M North Carolina Facility For High Performance Expansion

Bitcoin mining firm Bit Digital is making a major strategic shift with the acquisition of a $53.2 million industrial facility in Madison, North Carolina.  The...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...