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Iran is ordering crypto-mining centers to shut down for the 2nd time this year to prevent blackouts

Iran is ordering authorized crypto-mining centers to shut down to prevent blackouts. Bloomberg was …

Isabelle Lee   


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Iran has shut down nearly 7,000 illegal crypto mining operations as it looks to solve its energy crisis

Iran has shut down nearly 7,000 illegal crypto mining operations since the crackdown began in 2020.…

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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…

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Bitcoin miners in Iran get the green light to resume operations after a four month hiatus — but it could just be temporary

However, the future remains uncertain of these miners being able to stay online with the ons…

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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…

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Iran is bringing back cryptocurrency mining, but China shows no signs of changing its mind

Regulations around cryptocurrency saw a lot of upheaval over the past one year world over. While Ch…

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Iran has issued 30 crypto mining licenses despite a ban on mining this summer due to energy shortages

In May, the Iranian government banned crypto mining due to energy shortages as the process is highl…

Sophie Kiderlin   


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Iran bans crypto mining for the summer ahead of peak electricity demand

The ban is effective immediately until September 22, Bloomberg reported. Around 85% of crypto minin…

Isabelle Lee   


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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   


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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   


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Crypto mining continues to grow despite multiple crackdowns

Crypto mining hashrates have touched all time highs in the past few months, despite concerns around…

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Iran is planning to introduce a legal framework for crypto even as Bitcoin mining activity remains restricted

He also warned retail investors to be careful of "unprofessional" businesses currently operating…

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Cryptocurrency mining is causing power shutdowns in Kazakhstan, and China may be to blame

The electricity demand in the country has increased by eight percent so far this year as compare…

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Crypto’s ‘great mining migration’ has Chinese miners looking at Texas

What sets the southern US state apart is that its politicians are pro-crypto, which could he…

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Bitcoin mining will contribute just 0.9% to total global emissions by 2030, even in the most bullish price scenario: NYDIG

Bitcoin mining will only contribute to 0.9% of global carbon emissions even if the coin's price wer…

Camomile Shumba   


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Energy consumption is a constant concern in crypto mining, but more sustainable practices are emerging

The surging use of non-fungible tokens (NFTs) and cryptocurrencies calls for increased efforts to m…

Karen K. Ho   


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A massive cannabis farm raided by UK police turned out to be a bitcoin mine

"It's certainly not what we were expecting," police said. "It had all the hallmarks of a cannabis c…

Isabelle Lee   


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The US has sanctioned crypto-mining firm Bitriver to prevent Russia from bypassing energy export bans

The US Treasury said that Russia's advantage in energy resources and having a cold climate make its…

Weilun Soon   


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Digital token identifiers want to set the benchmark for cryptocurrencies — but the picture is far from complete

How successful this endeavour will be, however, is a different story and entirely uncertain. …