Crypto mining Financial News

03.05 / 11:07

crypto mining Elizabeth Warren Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism

US Senator and highly vocal crypto critic, Elizabeth Warren, has claimed that Iranian crypto miners have terrorist ties including Hamas.

30.04 / 03:33

Provident crypto mining Bill Trade information International New Russian Law Will Legalize Industrial Crypto Miners, Limit Private Mining

Russian lawmakers are poised to legalize the nation’s burgeoning industrial crypto mining sector, but could impose strict limits on home-based “private” miners.

29.04 / 08:39

Provident Target security crypto mining reports Investigations Thailand Authorities Seize Over $5M Worth of Crypto Mining Devices in Electricity Theft Investigation

Thai authorities recently cracked down on a crypto mining operation suspected of stealing electricity. The raid in Samut Sakhon and Ratchaburi netted over 650 mining devices valued at more than 200m baht (about $5m).

23.04 / 11:37

crypto mining Electricity Malaysian State Records Largest Number of Power Theft Cases Linked to Crypto Mining

Power theft in the Sarawak state of Malaysia for crypto mining has been a growing problem for past several years. Recently, three covert crypto mining operations, suspected of electricity thefts, were uncovered in shophouses and residential homes in Miri region.

18.04 / 17:13

Provident Action security crypto mining Bill Bitcoin Arkansas State House Passes Bills for Potential Crypto Mining Restrictions

The Arkansas State House recently passed two bills to potentially restrict cryptocurrency mining activities within the state. However, six other proposals failed to garner enough votes for advancement.

18.04 / 06:23

crypto mining crypto tax Sweden Busts 18 Data Centers for Secretly Mining Crypto

Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday.

13.04 / 00:37

Provident Digital security crypto mining travelers Courts Australian Australian Crypto Australian Crypto Mining Companies Collapse into Liquidation Owing 450 Investors

Australian regulator has received a nod from a Federal Court to appoint receivers for digital assets held by a group of collapsed crypto mining companies and their sole owners.

12.04 / 10:37

crypto mining Electricity British Columbia British Columbia Province to Regulate Electricity Supply for Crypto Miners

Canadian province of British Columbia is seeking to regulate electricity use by crypto miners, due to their “unchecked growth.”

12.04 / 02:43

Citi Provident Digital Google crypto mining Bitcoin Illegal Crypto Mining: Russian Police Seize More than 3,200 Rigs in Siberia Raids

Russian police have seized over 3,200 crypto mining rigs in raids on four large “illegal” data centers in Siberia.

09.04 / 00:57

UPS crypto mining wellness Bitcoin country reports Russian Government Crypto Chief: Mining Regulation Is Our Priority

The Russian government’s crypto working group chairman believes Bitcoin (BTC) mining regulation is now a priority for Moscow.

27.03 / 09:33

crypto mining Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina

Texas-based crypto mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend.

27.03 / 08:49

Digital CEO security crypto mining Bitcoin miners reports Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms

Crypto miner Bitdeer is in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity.

27.03 / 03:35

Reuters Digital crypto mining Bill Trade country Russian Ministries Discuss Crypto Mining ‘Legalization’ – But There’s a Twist

Russian ministries could be prepared to “legalize” industrial crypto mining in the country. But one key department could yet throw a spanner in the works.

26.03 / 04:23

Blockchain UPS Digital crypto mining Bill Russian Crypto Industry Sends Government Draft Mining Bill

Russian crypto industry chiefs have teamed up with business leaders to create a draft bill that could legalize the nation’s booming mining sector.

21.03 / 04:43

Provident Man Telegram Fighting crypto mining Russian Crypto Mining Hotspot Cracks Down on Illegal Miners

The Russian crypto mining hotspot of Irkutsk appears to be cracking down on illegal and quasi-legal miners.

18.03 / 22:13

UPS Southern community crypto mining Trade Ponzi IcomTech Ponzi Scheme Promoters Convicted in New York, Facing Two Decades in Prison

David Brend and Gustavo Rogriguez, promoters of the fraudulent crypto mining and trading facility IcomTech, were found guilty of conspiracy to commit wire fraud by a New York jury on Friday, according to a press release from the United States Attorney’s Office for the Southern District of New York.

18.03 / 06:51

UPS Provident economy Research crypto mining Universities Russian Crypto Mining Industry Could Be Set for $4Bn Boost

The Russian crypto mining industry could be set for a $4 billion boost, representatives claimed at a media event in Irkutsk, Siberia.

13.03 / 11:23

crypto mining wellness Bitcoin performer reports Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022

Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.

12.03 / 03:01

Election crypto mining crypto tax President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal

U.S. President Joe Biden released his 2025 budget proposal on Monday featuring a number of provisions aimed at altering the cryptocurrency industry, including a wash sale rule for digital assets and an excise tax for crypto mining operations.

07.03 / 16:11

crypto mining Hut 8 Pump-and-dump Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash

The Bitcoin mining company Hut 8 recently faced a significant decline in share prices on the Nasdaq following accusations of short-selling by JCapital. In response, several law firms have offered to represent investors who suffered losses during this period.

29.02 / 23:43

Energy crypto mining Bitcoin Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners

Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April.

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