Kazakhstan Senate approves legislation regulating crypto service providers
The country's legislature has passed a law that would impose financial monitoring on crypto platforms.
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Argo Blockchain’s Texas mining facility could cost up to $2B
CEO Peter Wall has cited Texas’ cheap renewable energy as well as its openness to innovation in new technologies as part of the reason for the construction of the data…
Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars
PrimeBlock’s CEO was involved in the $98 billion direct listing for Coinbase that Goldman Sachs was leading.
Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to…
Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin
The mining firm said it expects its fleet of 133,000 miners to produce a hash rate of roughly 13.3 EH/s by 2023.
Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced…
Laotian govt budget expected to gain $194M from crypto miners by 2022
Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic.
Paraguay Eyed as New Bitcoin Mining Destination
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a…
Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas
Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin…
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