The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has
Read moreAbkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to
Read moreIran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300
Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed
Read moreBit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan
Bit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The
Read moreIran Raises Alarm Over Potential Influx of Miners From China
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has
Read moreBitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan
Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility
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