Search Results for: mining hardware

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

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

SAI․TECH’s SAITIME 2023 Will Unveil Revolutionary Products for Mining and Computing Industry

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PRESSITEADE. SINGAPORE – SAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 EST. The virtual conference was hosted by founder & CEO…

Chip Giant Intel Abandons Bitcoin ASIC Production

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After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. Teisipäeval, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the…

Investment Fund Focused on Crypto Mining to Be Created in Russia

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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…

GAIMIN pakub detsentraliseeritud lähenemisviisi kasvavale andmetöötlusvõimsuse nõudele

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The world-wide demand for data processing is increasing year-on-year, with data processing applications requiring ever increasing performance from data processing devices and services. Industries, such as Artificial Intelligence (AI), video rendering, powering blockchain computations, scientific simulations and research, financial modeling and…

Iran Returns Seized Crypto Mining Equipment to Miners

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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

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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…

New Yorgi kuberner kirjutas alla seadusele, mis keelab osaliselt Bitcoini kaevandamise fossiilkütustel

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New Yorgis on allkirjastatud moratoorium mõnele süsinikupõhisel energial põhinevale krüptokaevandamisele.. Osariigis töötõendite kaevandamisega tegelevad ettevõtted ei saa järgmiseks kaheks lube laiendada ega uuendada…

Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry

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Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which is expected to commence on Nov. 7, is expected to help…

Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

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Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s 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…