Stablecoin provider Tether has ceased its large-scale Bitcoin mining operations in Uruguay, initially projected as a $500 million investment, due to high energy costs and the absence of a competitive tariff framework.
Read MoreStablecoin provider Tether has ceased its large-scale Bitcoin mining operations in Uruguay, initially projected as a $500 million investment, due to high energy costs and the absence of a competitive tariff framework.
Read MoreThe International Monetary Fund (IMF) has rejected Pakistan’s proposal to provide subsidized electricity rates for Bitcoin mining operations, according to local media outlet Profit.
Read MoreA group of residents in Granbury, Texas, has filed a lawsuit against Marathon Digital, alleging that the noise generated by its Bitcoin mining operations is harming their health and quality of life.
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