Dropbox ditches unlimited storage offering, blaming crypto cloud miners
The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks.
Crypto mining lobby group to dispel misconceptions in Washington DC: Founder
The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington.
Aksakov
bills
Crypto
crypto mining
crypto payments
Cryptocurrencies
cryptocurrency
DFAs
Digital Assets
draft laws
international settlements
Laws
Mining
regulation
Regulations
rules
Russia
russian
Tax
Taxation
Taxes
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital…
Abu Dhabi
Bitcoin Mining
cooling
crypto farms
crypto mining
immersion
joint venture
Marathon
Middle East
Mining
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UAE
Zero Two
Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert
A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to…
consumption
Crypto
crypto miners
crypto mining
Cryptocurrencies
cryptocurrency
Electricity
illegal
Iran
Iranian
Iranians
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Miners
Mining
mining rigs
power
Theft
unlicensed
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues…
Bitcoin
consumption
Crypto
crypto miners
crypto mining
Cryptocurrencies
cryptocurrency
Electricity
Hashrate
Kazakhstan
Migration
Miners
Mining
mining destination
mining hotspot
power capacity
relocation
Russia
russian
U.S.
Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say
Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe.…
Bitcoin
Bitcoin Mining
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crypto miners
crypto mining
Cryptocurrencies
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Kazakhstan
Law
Legislation
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Mining Industry
mining sector
Regulations
Tax
Taxation
Taxes
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that…
Biden Administration
climate crisis
Council of Economic Advisors
crypto mining
DAME
DAME tax
Digital Assets
electricity grids
environmental impact
fair share
local communities
Mining
negative spillovers
Renewable Energy
White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal…
Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive.
crypto mining
Cryptovium
Ergo
ergo (ERGO)
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ether
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ethereum classic (ETC)
FLUX
Flux (FLUX)
GPU mining
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ravencoin (RVN)
RVN
SOL
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Twitter Poll
4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH
20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work…