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Tag: Electricity

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

May 5, 2023 wp-bot Bitcoin News

The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes

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White House advisors renew push for 30% digital mining energy tax

May 3, 2023 wp-bot Cointelegraph

The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community.

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Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining

April 18, 2023 wp-bot Bitcoin News

While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is

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Police in Kosovo Seize Crypto Mining Rigs From Serbs

April 16, 2023 wp-bot Bitcoin News

Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina

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Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

April 9, 2023 wp-bot Bitcoin News

Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the

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Several Crypto Mining Operations Busted in Russia

March 19, 2023 wp-bot Bitcoin News

Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against

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