Several Crypto Mining Operations Busted in Russia – Mining Bitcoin News

Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against …

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At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region – Mining Bitcoin News

Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their …

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Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown – Mining Bitcoin News

Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway …

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Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS – Bitcoin News

Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the …

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Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase – Mining Bitcoin News

During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network …

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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 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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Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid – Mining Bitcoin News

On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s …

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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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