Key Takeaways: U.S. Treasury issued sanctions against Russia’s bitcoin mining industry. Russia can use its energy resources to evade the sanctions. U.S. Treasury Official States That Bitcoin Mining is Helping “Russia Monetize its Natural Resources” Russia’s invasion of Ukraine is…
A server cabinet, designed by HEATCORE, is the newest mining boiler cabinet, which serves as a heating station as well as a bitcoin mining farm. The 20,000-square-meter structure is air-conditioned. These ten mining boiler cabinets provide the same. While viewing…
Follow us on Google News Customs in Guangdong Province, China, has announced the seizure of 49 used bitcoin (BTC) miners from an anonymous entity seeking to smuggle the equipment into the nation. According to local media, the obsolete machines will…
Follow us on Google News Key Takeaways: Energy officials in Kazakhstan say they have discovered 13 illegal data-mining farms. The illegal data-mining farms are discovered with a combined capacity of more than 200 megawatts in the last week. According to…
Follow us on Google News Key Takeaways: Intel aims to develop Blockchain technology by using “scalable and sustainable solutions.” Argo Blockchain, BLOCK, and GRIID have already become Intel’s customers. Intel claims to outperform SHA-256. With all the big companies stepping…
Kazakhstan, the world’s second-largest Bitcoin miner, has announced that its crypto mines will be shut down until the end of January. After millions were affected by power outages across three Central Asian countries last week, the state electricity provider KEGOC…
Follow us on Google News Key Takeaways: The world’s top bitcoin miners receives letters from lawmakers to explain the impact of their operations on the environment. The lawmakers avoided talking about the regulatory actions that may affect the industry. The…
Follow us on Google News Key takeaways: As a result of a law permitting regional authorities to limit the electrical energy supplied at favourable rates, Russians mining cryptocurrency at home may face increased electricity bills. According to the Russian business…
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