Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to... Read more »
Shark Tank star Kevin O'Leary blasts “dirty” Bitcoin miners

Shark Tank star Kevin O’Leary blasts “dirty” Bitcoin miners

Billionaire investor Kevin O’Leary revealed in a recent Stansberry Research interview with Daniela Cambone when will the price of Bitcoin appreciate dramatically, and why. The Shark Tank star, also known as Mr.... Read more »
Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network Hashrate

Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network Hashrate

Reports indicate that the Monero community is upset about a specific mining pool that currently commands 44% of the network’s hashrate. Supporters are asking mining participants to leave a mining pool called... Read more »
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities,... Read more »
A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device

A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device

The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company... Read more »
Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale... Read more »
Kazakhstan Extends Power Cuts for Cryptocurrency Miners

Kazakhstan Extends Power Cuts for Cryptocurrency Miners

Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main... Read more »
Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners 'Was Pointless'

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’

In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto... Read more »
Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows

Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows

The Bitcoin (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is. As noted by popular Twitter account @venturefounder... Read more »
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town

Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town

A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local utility are... Read more »