You Searched For "crypto mining countries" and got 20 results
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2 mins read
The world cannot afford a crypto mania: Shaktikanta Das
RBI Governor Shaktikanta Das on Thursday said the central bank does not "emulate" others when it co…
PTI
1 min read
6,000 old bitcoin-mining machines will be refurbished and sold overseas after the long-awaited halving event
Outdated machines are being moved to countries with lower electricity costs, like Ethiopia, where t…
Aruni Soni
2 mins read
Crypto and AI will drive exorbitant energy use after decades of flat demand, analyst says
Data centers are expected to drive a surge in electricity demand growth, tripling their power consu…
Aruni Soni
2 mins read
Crypto miners used the same amount of electricity as all of Australia last year
In the US alone, crypto mining uses 0.6% to 2.3% of the country's electricity demand — as much as e…
Aruni Soni
4 mins read
Illegal mining for cryptocurrencies remains rampant as miners look to maximise profits with cheap electricity
Regular mining and mining for cryptocurrencies may not be the same thing, but they do have somethin…
3 mins read
Bitcoin miners may push Kazakhstan towards nuclear power despite its uneasy history
The country’s share in the global crypto mining hash rates have grown four folds over the past year…
2 mins read
Crypto ETFs now own 3.5% of all bitcoins in existence after '10 years of pent-up demand'
The iShares Bitcoin Trust has seen the highest inflows among bitcoin ETFs so far, hitting $4.39 bil…
Matthew Fox
2 mins read
Crypto mining in Texas could be costing energy customers an extra $69 per year on their electrical bills
Since China banned crypto mining in 2021, a number of operations have moved to Texas, requiring an …
Will Gendron
2 mins read
China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown
A surge in covert mining operations post-ban means China is now the world's second-largest location…
Hamza Fareed Malik
2 mins read
Kosovo is the latest country to ban crypto mining as it deals with a power crisis
The government also announced a 60-day state of emergency to deal with Europe’s ongoing energy…
2 mins read
JPMorgan dismantles the bullish argument for bitcoin, calling the crypto rally overdone
Bitcoin spot ETFs outside of the US were met with limited interest from investors, JPMorgan said in…
Filip De Mott
1 min read
North Korean hackers are likely laundering stolen crypto through cloud mining services, cybersecurity group says
The North Korean group APT43 steals tokens to fund illicit activity, according to a new report from…
Phil Rosen
3 mins read
White Rock Management is taking a sustainable approach to crypto mining in its US expansion as the sector faces increased scrutiny from regulators
White Rock Management, a Swiss company, plans to expand its clean energy crypto-mining operations t…
Asia Martin
2 mins read
Kazakhstan's new rules require crypto miners to make disclosures before starting operations
They will also be required to submit technical specifications of how they connect to the power…
2 mins read
“Wolf of All Streets” crypto trader Scott Melker says his Russian mining rigs got sanctioned — and now he knows how it feels
Compass Mining cut ties with Russian crypto miner BitRiver after the US sanctioned the company and …
Hamza Fareed Malik
2 mins read
Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs
The ban on mining operations in China has actually helped bitcoin move towards its goal of becoming…
Emily Graffeo
1 min read
Remote mountain Kingdom of Bhutan is operating secret, state-owned Bitcoin mining facilities, report says
The remote Himalayan kingdom has never publicly announced its Bitcoin operations, but it has been s…
Polly Thompson
1 min read
El Salvador's President Bukele says the first steps in the country's bitcoin volcano project are underway
Video shared by Bukele shows bitcoin mining rigs being installed near a volcano, after he promised …
Camomile Shumba
3 mins read
Crypto could give Russia several ways to sidestep sanctions — and bitcoin mining powered by embargo-hit energy is just one, the IMF says
Laws and regulations for foreign exchange should be amended if needed to cover crypto alongside tra…
Hamza Fareed Malik
3 mins read
Crypto mining continues to grow despite multiple crackdowns
Crypto mining hashrates have touched all time highs in the past few months, despite concerns around…