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 (ОАЭ). 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 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

Natural Gas Price Hike Hits Crypto Miners in Iran

Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous

Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms

Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their

Швеции нужна энергия для более полезных вещей, чем добыча биткойнов, Министр энергетики говорит

Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, страна’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it

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

Количество разоблаченных незаконных майнинговых ферм в Иране приближается 7,000

Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, местные СМИ раскрыли. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic,…

Антимонопольное агентство России предлагает повысить тарифы на электроэнергию для домашних криптомайнеров

The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament….

Казахстан борется с незаконной добычей полезных ископаемых, Бюсты 13 Криптофермы

Власти Казахстана взялись за незаконные операции по добыче криптовалюты на фоне сохраняющихся проблем с электроснабжением. Совместная работа с правоохранительными органами, страна’Минэнерго объявило о закрытии более десятка объектов по чеканке цифровых валют. Government Shuts Down Unauthorized Crypto

Косово конфисковало сотни машин для майнинга криптовалюты в ходе репрессивных мер

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