Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republics Ministry of Energy announced. Legal Crypto

Se acerca el número de granjas ilegales de criptominería reventadas en Irán 7,000

Las autoridades en Irán han cerrado cerca de 7,000 Instalaciones no autorizadas para la minería de criptomonedas en los últimos dos años., medios locales revelaron. De acuerdo con el reporte, la mayoría de las granjas ilegales de bitcoins se concentraban en cinco provincias de la República Islámica,…

Kazajstán toma medidas enérgicas contra la minería ilegal, Bustos 13 Cripto Granjas

Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the countrys energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down Unauthorized Crypto

Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown

Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms was launched after authorities in Pristina banned the power-hungry minting of digital currencies amid an energy

Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring

The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, entre otros. The new legislation subjects crypto service providers to the countrys financial monitoring regime. Senators Back Law

Nigerian Experts Insist Africa’s First CBDC Is Presently Not for the Unbanked

While the Central Bank of Nigeria (CBN) continues to tout the e-nairas credentials as a tool for fostering financial inclusion, some experts agree that this central bank digital currency (CBDC) is presently not doing this. The CBDCs Chaotic Start This assertion

Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

Authorities in Kazakhstan have calculated the energy used in the countrys crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from

El 'Mad Max' de Canadá apoya a Bitcoin: dice: 'Odio cómo los bancos centrales están destruyendo nuestro dinero y nuestra economía'

Maxime Bernier, a former cabinet minister nicknamedMad Maxand the leader of the Peoples Party of Canada (PPC), says he supports bitcoin and cryptocurrencies. “I hate how central banks are destroying our money and economycryptos are another new

Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The countrys power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility