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A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not Ban Bitcoin Mining The parliament of Norway has considered … Read more
The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on May 10. Go to Source Powered by WPeMatico
The stock price of listed BTC mining companies and other businesses with exposure to cryptocurrency are dropping to yearly lows as the crypto market continues to sell-off. Go to Source Powered by WPeMatico
Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits. Go to Source Powered by WPeMatico
Bitcoin mining companies must prove carbon neutrality as new regulations come to play, but are carbon offsets enough? Go to Source Powered by WPeMatico
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. Russian Miners Using Household Electricity Should Pay Higher Bills, Anti-Monopoly Body Says Russia’s Federal … Read more
“All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate,” said Kristina Littman. Go to Source Powered by WPeMatico
The company expects a hash rate of 5.5 EH/s by the end of 2022, anticipating that access to an additional 600 MW of power capacity “in the coming years” will produce 20 EH/s. Go to Source Powered by WPeMatico
The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving. Go to Source Powered by WPeMatico
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption. Go to Source Powered by WPeMatico