Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds – Mining Bitcoin News

Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. …

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Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms – Mining Bitcoin News

Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and …

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Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices – Mining Bitcoin News

The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes …

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Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy – Mining Bitcoin News

Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now …

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Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia – Mining Bitcoin News

Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for …

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Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says – Mining Bitcoin News

Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish …

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Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners – Mining Bitcoin News

President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The …

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Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners – Mining Bitcoin News

Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies …

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US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils – Bitcoin News

U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request …

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