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Tag: crypto mining

Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs

November 10, 2021 wp-bot Bitcoin News

Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have

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Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry

November 10, 2021 wp-bot Bitcoin News

Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The

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Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages

November 4, 2021 wp-bot Bitcoin News

Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has

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Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners

October 29, 2021 wp-bot Bitcoin News

State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year.

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Crypto Mining: A Detailed Guide For Beginners

October 26, 2021 wp-bot Blockchain, Medium Blockchain

As years go by, Cryptocurrency is gaining more and more ground. Continue reading on Medium »

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Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

October 23, 2021 wp-bot Bitcoin News

Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and

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