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Tag: consumption

Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown

May 15, 2022 wp-bot Bitcoin News

Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic,

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Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

May 14, 2022 wp-bot Bitcoin News

Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a

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Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners

May 7, 2022 wp-bot Bitcoin News

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

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Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices

April 15, 2022 wp-bot Bitcoin News

The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of

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Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says

February 11, 2022 wp-bot Bitcoin News

University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media.

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Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

February 7, 2022 wp-bot Bitcoin News

Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining.

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