Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (VAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Jahre

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, Lokale Medien berichteten. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures

FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid

According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) am Donnerstag. The grounds for the raid remain unknown, and neither Salame nor his

Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, und die…

Iran gibt beschlagnahmte Krypto-Mining-Ausrüstung an Miner zurück

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners

Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse

Exahash, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF) to mint new crypto tokens. The lawyers detailed that it

Preiserhöhung für Erdgas trifft Krypto-Miner im Iran

Unternehmen, die Erdgas als Energiequelle für die Prägung digitaler Währungen im Iran nutzen, müssen mit einem starken Anstieg des Kraftstoffpreises rechnen. Die neuen Tarife des staatlichen Anbieters sind fast doppelt so hoch wie zuvor…

Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

Miners in Vietnam have expressed grievances over the loss of business following Ethereums transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, Lokale Medien berichteten, quoting entrepreneurs and mining enthusiasts. Kryptowährung…

Bitfarms Starts Bitcoin Megafarm Operations in Argentina

Exahash, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 Megawatt (MW) of mining power during the first phase and will scale operations to be

Kasachstan untersucht Krypto-Mining-Hotel, das angeblich als Schneeballsystem fungiert

Die Behörden in Kasachstan haben im Rahmen eines laufenden Vorgehens gegen illegale Aktivitäten im Zusammenhang mit Kryptowährungen eine Untersuchung eines Bergbauhotelunternehmens eingeleitet, das im Verdacht steht, eine Kryptopyramide zu sein. Die Platform, namens Bincloud, lockte Investoren durch beliebte Messaging-Apps an. Bincloud