White House Advisors Renew Call for 30% Tax on Crypto Mining
Council of Economic Advisors of the White House claimed that U.S. President Joe Biden wants to impose a punitive tax on cryptocurrency mining companies.
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Latest firstKazakhstan Considers a Bill to Increase Fee Rate for Crypto Mining
Laws regarding Bitcoin mining have always been strict in Kazakhstan. In February, the government of the country discovered 13 illegal data-mining farms and since then, has been keeping an eye on the industry. On May 30, the government of Kazakhstan…
Crypto-mining Malware has been discovered on AWS Lambda.
Key Takeaways: Malware packages are becoming an increasingly popular means of compromising systems. Cyber attackers are now using malware to target advanced cloud infrastructures. Cado Security researchers discovered a kind of malware that is specifically designed to target Amazon Web…
Costa Rica Hydro Plant Worth $13 Million Gets a New Lease on Life from Crypto Mining
Follow us on Google News The plant was forced to reinvent itself after 30 years because the government stopped buying electricity during the pandemic due to surplus power supply in the Central American country, where the state has a monopoly…
China Deemed Crypto-Mining ‘Obsolete’
China top planning body marked crypto mining as ‘obsolete’. The National Development and Reform Commission made the designation on Monday to update the 2019 policy that reinforces government effort to stamp out industry entirely. The obsolete label refers to technologies…
Paraguay Passes Legislation to Regulate Cryptocurrency Focused on Mining Companies
Follow us on Google News Key Takeaways: Paraguay passes legislation to regulate cryptocurrency focused on mining companies. According to the bill, miners – whether individuals or firms will need to acquire authorization for industrial electricity usage before applying for a…
Kyrgyzstan’s Government Official Caught Illegally Consuming Electricity for Cryptocurrency Mining
Follow us on Google News Key Takeaways: Kyrgyzstan’s government official caught illegally consuming electricity for cryptocurrency mining. The Kyrgyzstan State Committee of Homeland Security identified an illicit cryptocurrency mining facility in the residence of a government energy official. The official…