Crypto mining Financial News

19.01 / 13:33

UPS Progressive crypto mining Russia’s Crypto Mining Bill ‘Has Stalled,’ Says Finance Ministry

Russia’s crypto mining legalization bill has hit a last-minute obstacle, and the draft law’s progress has now “stalled,” the nation’s Ministry of Finance conceded.

16.01 / 19:01

Provident crypto mining Bitcoin Power Japanese Power Giant TEPCO Explains Crypto Mining Plans

Tokyo Electric Power (TEPCO), Japan’s biggest power provider, has explained how it is planning to make use of surplus renewable electricity to power its bitcoin (BTC) and altcoin mining operations.

15.12 / 13:45

Provident RIG crypto mining Crypto miners Russian Energy Companies Crack Down on Domestic Crypto Miners

Russian energy providers are hunting illegal crypto miners who plying their trade from home, the government has said.

07.12 / 14:43

Police crypto mining Ukrainian Tailor’s Shop a Front for Illegal Crypto Mining Farm

A tailor’s shop in Kovel, Ukraine, has been exposed as a front for an illegal crypto mining operation. Its masterminds connected their rigs to the local power grid – and stole electricity to power their efforts.

06.12 / 17:35

Provident crypto mining Russia on the Verge of Legalizing Crypto Mining

Russian lawmakers are inching closer to legalizing crypto mining – and could begin allowing industrial miners to operate as bona fide “entrepreneurs” as early as next month.

21.11 / 17:29

RIG crypto mining Bitcoin BTC Mining Argentinian Officials Swoop on Illegal BTC Mining Farm in ‘Luxury Apartments’

The Argentinian tax body’s crackdown on unregistered crypto mining is expanding to residential properties. Officers shut down an illegal Bitcoin (BTC) mining farm in a “high-end” block of apartments in an upscale part of La Plata, Buenos Aires Province.

18.11 / 17:07

crypto mining legislation Russia Could Legalize Crypto Mining by Jan 1, 2023 – As Long as This Happens

Russia may finally legalize crypto mining – after the government’s chief crypto legislation architect announced the rollout of a bill that could come into force on January 1, 2023.

16.11 / 17:39

Police crypto mining South Korean Police Probe Crypto Mining Outfit on ‘Ponzi Scam’ Suspicions

South Korean police officers are investigating a crypto mining firm that allegedly failed to pay back its investors – after promising them monthly returns of up to 12%.

11.11 / 16:17

cryptocurrency cryptocurrency market crypto mining crypto tokens Six ways to make money while cryptos remain in a bear market

While extreme volatility and price declines are typically associated with bear markets in which investors tend to lose their savings, a downturn can also be used as an opportunity to build wealth in the long term.

04.11 / 17:27

Stocks market RIG crypto mining Argentina Tax Officers Find $20m Worth of Crypto Mining Hardware on Livestock Farm

The tax body of Argentina is continuing its crackdown on unregistered crypto mining – and has swooped on a livestock and cereal farm to uncover some $20 million worth of coin-mining hardware.

26.10 / 11:47

Stocks market RIG crypto mining Argentinian Customs Officials Seize 342 Crypto Mining Rigs

Customs officers in Argentina have seized a haul of 342 crypto mining rigs as the nation continues its recent crackdown on illegal miners.

13.10 / 12:17

Tax crypto mining Crypto miners Tax Authority Argentinian Tax Authority Strengthens Crackdown on Illegal Crypto Miners

Argentina’s tax body has bolstered its ongoing crackdown on crypto miners who do not declare their operations – and looks set to make good on the government’s pledge to ensure that all crypto-related activity in the nation is taxed.

02.10 / 14:27

crypto mining Russia Supplying Kazakhstan with Electricity for Cryptocurrency Miners

Russia is looking to bolster Kazakhstan's energy demands in an amendment of the partnership between the two nations, as a means to provide electricity to miners within the former Soviet republic member state. The move comes amidst growing demand for electricity by crypto miners in Kazakhstan, as mining activities see an uptick.

24.03 / 12:27

cryptocurrency Digital crypto mining Bitcoin Power U.S. Company Devises Method To Use Coal Waste To Power Crypto Mining

Coal ash is the byproduct left over from burning coal to produce electricity.

23.03 / 12:21

cryptocurrency cryptocurrency in india crypto mining Absurd, Harsh, Regressive: What crypto industry has to say on proposed taxation treatment

Cryptocurrencies have always had a love-hate relationship with governments globally. The novelty of attaching a value to this asset that has no underlying value, coupled with the immense interest from people everywhere has made cryptos somewhat of a fearsome creature for some governments, while others have seen it as an opportunity.

22.03 / 12:33

Bitcoin news crypto mining Bitcoin Bitcoin miners want to recast themselves as eco-friendly

But unlike other bitcoin mining operations, which consume large quantities of fossil fuels and produce carbon emissions, Argo claims it's trying to do something environmentally responsible. As Peter Wall, Argo's chief executive, led a tour of the 126,000-square-foot construction site one morning this month, he pointed to a row of wind turbines a few miles down the road, their white spokes shining in the sunlight. The new facility, an hour outside Lubbock, would be fueled mostly by wind and solar energy, he declared. «This is bitcoin mining nirvana,, Wall said. „You look off into the distance and you've got your renewable power.

21.03 / 19:17

crypto mining crypto tax India Bans Offsetting Loss On One Crypto With Gain From Another

The crypto asset tax regime in India will gradually roll out in the financial year starting April 1

21.03 / 15:23

COST cryptocurrency Digital crypto mining NOT Crypto Mining Cost Not To Be Allowed As Deduction Under I-T Act: Finance Ministry

The 2022-23 Budget has brought in clarity concerning the levy of income tax on crypto assets.

05.01 / 19:39

cryptocurrency crypto mining Kosovo bans cryptocurrency mining to save electricity

Kosovo's government on Tuesday introduced a ban on cryptocurrency mining in an attempt to curb electricity consumption as the country faces the worst energy crisis in a decade due to production outages.

19.11 / 17:17

cryptocurrency crypto mining crypto currencies Bitcoin Bitcoin falls by almost 20 percent over the last 14 days, should you worry?

Down by almost 11 percent over the last week and trading at $56,868 at present, Bitcoin has reportedly lost almost 20 percent in less than 2 weeks, Bloomberg reported.

18.11 / 07:19

cryptocurrency crypto mining Bitcoin surges regulatory Cryptocurrency prices today on November 18: India takes major strides in regulatory space as Polkadot surges

The cryptocurrency market went into the red over the last 24 hours, with the trading volume decreasing by 6.43 percent, standing at 128.94 billion dollars. Currently trading at 60,414 dollars, Bitcoin saw a 2.68 percent rise on a daily basis, maintaining its market dominance at 43.04%. Ethereum also saw a rise of 5.14 percent, trading at 4,320 dollars. Polkadot (43.12 dollars), also surged almost 9 percent.

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