Thai Authorities Raid Bitcoin Mining Farm Over Multi-Million Baht Electricity Theft
Thailand is on a mission to address illegal mining operations causing massive power disruptions in its capital city, Bangkok, and neighboring areas.
Read more
crypto mining
Crypto In The Himalayas: Bhutan’s Strategic Reserve Gets A Boost
Bhutan continues to leverage new technologies, particularly Bitcoin and the blockchain, to boost its economy. According to multiple reports, Gelephu Mindfulness City (GMC) is ready to integrate digital assets like Bitcoin, BNB, and Ethereum into its strategic reserve.
Read more
UAE Bitcoin Mining Giant Makes Bold Move into the US Market
Phoenix Group, a crypto company based in the UAE, is pushing hard to get into the US market. In a recent news release, the company said that its newest 50MW Bitcoin mining facility in North Dakota was now fully operational.
Read more
US accounts for over 40% of global Bitcoin hashrate: Report
Hashrate dominance continues to be debated due to the pseudonymous and geographically distributed nature of Bitcoin mining.
Read more
Crypto Biz: The Year of Bitcoin
This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.
Read more
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources.
Read more
Russia Using Bitcoin For Foreign Trade To Evade Sanctions
Recent reports revealed that Russian companies have begun using Bitcoin and other digital assets in international trade to bypass sanctions. The country’s Finance Minister also shared the government’s plan to expand its crypto use as an alternative for international payment.
Read more
Russia To Ban Crypto Mining In Key Regions Starting 2025
According to local reports, the Russian government will ban crypto mining activities in ten key regions following the recent enactment of the new industry-related laws.
Read more