Norway to impose temporary restrictions on Bitcoin mining to save electricity
Key Takeaways Norway plans to temporarily ban new power-intensive crypto mining data centers to preserve electricity for other industries. Some…
Tag: mining
China’s Bitcoin Mining Giants Quietly Shift Production to U.S. Amid Tariffs and Security Heat
Key Takeaways: Over 90% of global bitcoin mining hardware is built by three Chinese firms: Bitmain, Canaan, and MicroBT. All…
Environmental, Economic, and Grid-Level Impacts of Mining
The USA is the global leader in Bitcoin mining electricity expenses, spending over $10.8 billion annually, far exceeding any other…
IMF Scrutinizes Pakistan’s Reported Bitcoin Mining Power Allocation Amid Energy Crisis
Key Takeaways: The International Monetary Fund (IMF) is raising serious questions about Pakistan’s reported plans to allocate 2,000 megawatts (MW)…
Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining
Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement…
Bitcoin mining — Institutions boost investments amid favorable US climate
Opinion by: Fakhul Miah, managing director of GoMining Institutional The Bitcoin (BTC) mining industry has never been more attractive to…
Pakistan eyes Bitcoin mining to harness surplus energy
Key Takeaways Pakistan is setting up special electricity tariffs to attract crypto mining using its surplus energy without subsidies. The…
SEC Clarifies Crypto Mining Rules: Proof-of-Work Doesn’t Violate Securities Law
The US Securities and Exchange Commission (SEC) clarified its stance on proof-of-work (PoW) cryptocurrency mining, ruling that it does not…
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
Officials of Thailand’s Central Investigation Bureau (CIB) seized 63 illegal crypto mining machines on Friday, according to a report by…
Belarus Eyes Crypto Mining Boom Amid Electricity Surplus
Key Takeaways: Lukashenko orders crypto mining push to utilize Belarus’s excess electricity. Cheap energy prices make Belarus a potential European crypto-mining…