Mining Ban Sparks Negative Reactions From Iran’s Crypto Community – Mining Bitcoin News

The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners …

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Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand – Mining Bitcoin News

Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be …

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Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1 – Mining Bitcoin News

The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from …

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Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests – Mining Bitcoin News

The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry …

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Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm – Mining Bitcoin News

Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials …

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Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown – Mining Bitcoin News

Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, …

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Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament – Mining Bitcoin News

A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested …

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Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners – Mining Bitcoin News

The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal …

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Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices – Mining Bitcoin News

The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of …

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