Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s …

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Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say – Mining Bitcoin News

Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of …

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Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce Thanks to Auto Industry – Economics Bitcoin News

Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in …

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Ban on Crypto Mining in Residential Areas Proposed in Russia – Mining Bitcoin News

Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for …

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Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia – Mining Bitcoin News

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has …

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Russia Cracking Down on Crypto Miners Minting in Residential Areas – Mining Bitcoin News

Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities …

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Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage – Mining Bitcoin News

The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the …

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Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand – Mining Bitcoin News

Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric …

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EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy – Mining Bitcoin News

Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance …

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Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners – Mining Bitcoin News

The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive …

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