Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his
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Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in
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Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf
The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a
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Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken
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Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new
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China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing
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