Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of
Read more
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
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
Read more
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community.
Read more
Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining
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
Read more
Police in Kosovo Seize Crypto Mining Rigs From Serbs
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
Read more
Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports
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
Read more