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
Read moreChina’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
Read moreRussia, Ukraine Shut Down Several Cryptocurrency Farms
Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been
Read moreMore Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan
Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their
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Read moreData Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin
As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as
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