crypto mining

Bhutan to Triple Its Bitcoin Mining Capacity Amid Upcoming Halving

April 5, 2024

Bhutan, in collaboration with Nasdaq-listed mining conglomerate Bitdeer, is set to expand its Bitcoin mining capacity by 500 megawatts in 2025. This move aims to mitigate the anticipated revenue impact of the upcoming fourth halving event. The Himalayan kingdom, through its investment arm Druk

Markets·Policy

Supreme Court to Take Up Nvidia Shareholder Lawsuit Over Crypto Sales Transparency

June 19, 2024

The U.S. Supreme Court agreed to hear a closely watched case brought by Nvidia shareholders, potentially setting a precedent for how companies disclose their involvement in volatile markets like cryptocurrency, Bloomberg reported. The lawsuit accuses the chipmaker giant of misleading investors about the extent to which its sales relied on cryptocurrency mining during the 2017-2018

August 16, 2024

IMF Proposes Higher Energy Taxes for Crypto Mining and AI Data Centers

The International Monetary Fund (IMF) has recommended energy tax increases targeting the

September 6, 2024

Russia to Channel Surplus Energy to Legal Crypto Miners Under New Rules

The Russian Ministry of Energy is considering allocating surplus electricity capacity to

Bitcoin·Markets·Policy·Regulation·Road 2 Crypto

Russia’s Top Energy Provider to Launch Crypto Mining Operations

Rosseti, Russia’s leading energy provider, has reportedly begun exploring crypto mining to harness unused electricity from low-consumption power plants, with plans to

January 28, 2025

Bitcoin

Bitfarms Adds 10,000 Miners in US Stronghold Hosting Deal

Bitfarms, the global cryptocurrency mining company, announced a new hosting agreement with Stronghold Digital Mining Hosting to deploy an additional 10,000 miners

November 1, 2024

Policy·Regulation·Road 2 Crypto

Putin Shifts Russia Crypto Mining Oversight to Federal Tax Service

Russian President Vladimir Putin has enacted a law transferring Russia crypto mining oversight from the Ministry of Digital Development to the Federal

October 28, 2024

Regulation·Road 2 Crypto

Russia Implements Two-Stage Income Tax System for Crypto Miners

Cryptocurrency miners in Russia will soon face the same income tax regulations as other industries. The proposed taxation system is structured to

October 16, 2024

Policy·Regulation

Russian Crypto Mining Challenged by Proposed Electricity Category

The Russian Ministry of Energy is actively proposing the establishment of a fourth reliability category for electricity consumers. The proposed category aims

October 8, 2024

Bitcoin·Road 2 Crypto

Marathon Digital Sued Over Excessive Noise from Crypto Mining Facility

More than two dozen residents of Granbury, Texas, have filed a lawsuit against Marathon Digital Holdings, alleging that the company’s local Bitcoin

October 8, 2024

AI·Defi·Markets·Regulation·Road 2 Crypto·Security·Shiba Inu

The Shib Crypto Recap: Monday

The crypto space is buzzing today with developments dominated by the repercussions of the FTX collapse that continue to ripple through the

September 30, 2024

Bitcoin·Blockchain·Policy·Regulation

Russia to Legalize Industrial Crypto Mining Soon

Russia is reportedly close to legalizing industrial crypto mining. According to a local media report, the State Duma passed the third reading

September 26, 2024

Policy·Regulation·Security

Sweden Classifies Certain Crypto Exchanges as Money Launderers

Sweden’s Financial Intelligence Unit (FIU) and the Swedish Police Authority have categorized certain cryptocurrency exchanges as “professional money launderers (PML)” after an

September 24, 2024