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Tag: Mining Devices

Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office

October 1, 2021 wp-bot Bitcoin News

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

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Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining

September 26, 2021 wp-bot Bitcoin News

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

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Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

September 11, 2021 wp-bot Bitcoin News

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

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Bit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan

July 29, 2021 wp-bot Bitcoin News

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

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Iran Raises Alarm Over Potential Influx of Miners From China

July 28, 2021 wp-bot Bitcoin News

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

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Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan

July 24, 2021 wp-bot Bitcoin News

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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