Tag: Crypto Mining

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NASDAQ-Listed Nano Labs Reveals New High-Performance Crypto Mining Chips

NASDAQ-listed Nano Labs and launched its new crypto mining chips in an attempt to bring faster and better mining opportunities for miners. According...

Russia Receives 150 Applications For Crypto Mining Registration As New Law Takes Effect

After the introduction of the new mining law on November 1, the Federal Tax Service (FTS) has received approximately 150 applications for registration in...

Russia Bans Crypto Mining In Occupied Ukraine Regions Amid Energy Crisis

As the war between Russia and Ukraine enters a new phase, Russian authorities on Tuesday, 19th November, launched a massive ban on crypto mining...

Russia Proposes 15% Tax On Crypto Earnings Amid Push To Regulate Crypto Mining

A new 15% cryptocurrency tax has been introduced in Russia following a draft amendment to the tax code. The Ministry of Finance announced this...

Bitfarms Expands U.S. Operations With New Hosting Deal For 10,000 Mining Machines

Canada-based Bitcoin miner Bitfarms has strengthened its U.S. operations by signing a second hosting agreement with Stronghold Digital Mining. Under this new agreement, Bitfarms...

Bitcoin Miners Face Rising Production Costs & Funding Challenges, Says CoinShares Q3 Report

According to CoinShares' Q3 Mining Report, the Bitcoin mining industry continues to face steep challenges this year as rising production costs and constrained access...

Hacker Group TeamTNT Sets New Target On Crypto Mining Cloud-Native Environments

Crypto hacker TeamTNT might be planning a new large-scale attack. According to reports from Assaf Morag, director of threat intelligence at cloud security firm...

Cryptocurrency Miner Northern Data Seeks AI Foothold as Bitcoin Market Slows

European crypto mining company Northern Data is planning to refocus a part of its operations towards AI. According to reports, Northern Data, a company...

Marathon Digital Faces Lawsuit Over Bitcoin Mine Noise Pollution

On October 4, 2023, over two dozen residents of Granbury, Texas, filed a lawsuit against cryptocurrency mining company Marathon Digital Holdings. The legal action,...

Russia Mines 54K Bitcoins In 2023, Adds 50 Billion Rubles To State Revenue

According to a Russian local news report, Russia has emerged as a significant player in the global cryptocurrency mining industry, with 54,000 bitcoins mined...

Bitcoin Miners Could Double Their Stock Value By Repurposing 20% Of Power For AI

On August 19, Matthew Sigel, Head of Digital Assets Research at VanEck, discussed the evolving dynamics between Bitcoin mining and artificial intelligence (AI) during...

Putin Passes Bill To Legalize BTC Mining & Trading In Russia

The State Duma has taken a major step towards legalising cryptocurrency mining in Russia by passing a bill in its first reading. The Duma...