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Tag: power

Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners

May 7, 2022 wp-bot Bitcoin News

The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal

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Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices

April 15, 2022 wp-bot Bitcoin News

The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of

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Abkhazia Extends Crypto Mining Ban Till End of Year

April 6, 2022 wp-bot Bitcoin News

Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting

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Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency

March 30, 2022 wp-bot Bitcoin News

In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies.

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China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

February 26, 2022 wp-bot Bitcoin News

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind

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Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims

February 24, 2022 wp-bot Bitcoin News

Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news

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