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 (UAE). 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

Investment Fund Focused on Crypto Mining to Be Created in Russia

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian

Kasahstanis on maha võetud mitu krüptovahetuse veebisaiti

Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After Unlicensed Crypto

Iran Returns Seized Crypto Mining Equipment to Miners

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

Buenos Aires to Tax Cryptocurrency Mining in 2023

The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, sisse 2023. A new proposal modifies the tax law to introduce cryptocurrency mining as a taxable activity that will levy 4% on the income calculated via

Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash

oktoobril 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Groups Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now manages 220 megavatti (MW) of bitcoin miners with a hashrate of

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, local media reported, quoting entrepreneurs and mining enthusiasts. Krüptovaluuta…

Bitfarms Starts Bitcoin Megafarm Operations in Argentina

Bitfarms, 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 megavatti (MW) of mining power during the first phase and will scale operations to be

Venelane arreteeriti väärtpaberi kaevandamise riistvara ostjate petmise eest $300,000

Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Russian citizens

9,404 Iraani võimude poolt alates märtsist konfiskeeritud krüptokaevandusseadmed

Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. Aruannete kohaselt, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly