Iran to stiffen penalties for illegal use of subsidized energy in crypto mining
The fines will reportedly triple compared to current rates, while repeated violations will lead to jail time.
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Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5…
Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented…
Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices
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 the minted cryptocurrency. The authorities…
Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving
Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than…
North Dakota hopes to double the $3B of clean crypto mining in the state
North Dakota officials are luring in crypto mining companies to set up in the state. With $3B already invested, and with $3B said to be on the way, they're doing…
Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure
A 6000-strong community hopes to raise funds by immediately selling the mined crypto to avoid price volatility.
13,233 Blocks Found by 16 Pools — A Look at the Top Bitcoin Mining Pools in Q1 2022
During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by…
Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions
The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted…
Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge
While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April…
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