mining – Page 94 – DIGIT INFO

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 crisis in the country. Authorities in Kosovo Confiscate Mining Hardware in Serb Majority North […]

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Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report

The crypto community reportedly expects Kazakhstan’s internet and mining industry to return to normal by next Monday.

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Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos

A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40 per day from each mining rig. Chinese Crackdown and the […]

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Crypto Biz: The Rise of the Bitcoin Treasury, Dec. 30–Jan. 6

Michael Saylor’s MicroStrategy showed corporations that holding Bitcoin on their balance sheet is a viable strategy to hedge against inflation.

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Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate

Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed down local banks. Fears are rising that the turmoil may […]

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Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests

Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices have also provoked protests that could potentially affect the industry. Canaan Secures Mining […]

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Top Bitcoin mining country Kazakhstan turns off internet amid protests

The government of Kazakhstan shut down the internet after the Cabinet resigned amid major anti-government protests.

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Kosovo Halts Cryptocurrency Mining Amid Energy Crisis

The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo Authorities Ban Crypto Mining to Save Needed Energy The […]

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Kosovar government halts crypto mining amid power crisis

Following a recommendation from the Technical Committee on “Emergency Measures for Energy Supply,” Kosovo’s minister of Economy has decided to ban crypto mining.

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Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts

The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they are mining cryptocurrency. If so, the companies should […]

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