The Russian Energy Ministry is seeking greater authority to manage the burgeoning cryptocurrency mining sector, specifically aiming to disconnect miners from energy grids as they ramp up operations.
Read MoreThe Russian Energy Ministry is seeking greater authority to manage the burgeoning cryptocurrency mining sector, specifically aiming to disconnect miners from energy grids as they ramp up operations.
Read MoreA Bitcoin mining company, NewRays, has initiated legal action against an Arkansas County judge and prosecutor, alleging selective enforcement of noise regulations aimed specifically at crypto firms.
Read Moredollars through a phony crypto mining scheme. The SEC alleges that Green United, a Utah-based operation, lured investors into a multi-level marketing scheme by promising high returns from specialized crypto mining equipment called "Green Boxes."
Read MoreIn response to severe electricity shortages, authorities in Dagestan, a republic in Russia, are ramping up efforts to shut down illegal underground crypto mining farms. Local officials blame these operations for significant power theft and frequent outages that have affected residents.
Read MoreRussia is intensifying its crypto mining ambitions with a major new project in the Komi Republic. The northeastern region of the country has announced plans to build 15 new crypto mining data centers, signaling a robust commitment to expanding its digital asset infrastructure.
Read MoreOn August 22, Bitcoin transaction fees experienced an unprecedented surge, skyrocketing by an astonishing 937.7% from $0.74 to $7.679.
Read More