Crypto Mining News

The International Monetary Fund (IMF) has rejected Pakistan’s proposal to provide subsidized electricity tariffs for cryptocurrency mining operations, citing concerns that such a move would create economic imbalances and distort...

Bitdeer has scaled its operations by buying a 19-acre site near Fox Creek in Alberta, Canada, for $21.7 million. The acquisition includes the rights to build a natural gas-powered plant...

A resident of Yakutia, Russia, has been sentenced to seven years in prison for sending cryptocurrency to support Ukrainian forces. This is just one of several similar actions taken against...

Phoenix Group has opened a 50-megawatt blockchain mining facility in North Dakota, according to a post on X by the Group. Once fully operational, the site will contribute more than...

The Russian government has reportedly imposed a six-year cryptocurrency mining ban across 10 regions within the federation. The areas affected by the new legislation include Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North...

Former President Donald Trump’s call for Bitcoin to be “mined, minted, and made” in the United States could significantly challenge the dominance of China-based Bitmain Technologies Ltd., according to a...

On-chain analysts have noticed a key trend in Bitcoin miners’ behavior this year. Even with the rise in BTC price, the miner-to-exchange transfer rate has significantly decreased, suggesting that BTC...

Bitcoin miners HIVE Blockchain and TeraWulf are focusing on efficiency to navigate the challenges posed by the recent Bitcoin halving. Michael Saylor, founder of Microstrategy, emphasized the importance of miners...

Russia took a significant step in crypto regulation; in the mining sector. President Vladimir Putin has signed legislation that legalizes cryptocurrency mining in Russia. The new laws, passed by the...