Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining

Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto MiningAuthorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway republic of Georgia has been struggling with power shortages blamed on underground miners. 30,000 Rigs Remain in the Hands of Miners, Government Says In recent […]

China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal

China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports RevealAuthorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of the region’s computing power in the crypto activities which the government considers illegal. Cyberspace Watchdog […]

Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities

Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining PossibilitiesA meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more efficient management of their resources and […]

Binance Discontinues Support for Norwegian Krone Pairs, Payments and Language

Binance Discontinues Support for Norwegian Krone Pairs, Payments and LanguageCryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is also dropping Norwegian from its website’s language options. Crypto Exchange Binance Suspends Product and Service Offerings in Norway Binance, the world’s leading digital asset exchange […]

People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown

People’s Bank of China Targets Crypto Companies in Shenzhen CrackdownThe Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in the city. People’s Bank of China Cracks Down on Coin […]

Ukraine Shuts Down Crypto Exchangers Sending Money to Russian Wallets

Ukraine Shuts Down Crypto Exchangers Sending Money to Russian WalletsThe Security Service of Ukraine (SBU) has closed down a number of “underground” crypto exchangers in Kyiv. Officials say the platforms have been making a million dollars in monthly turnover and allegedly sending money to digital wallets operated by Russian payment providers. Law Enforcement Busts Cryptocurrency Exchangers in Ukraine Officers from Ukraine’s main law enforcement […]

Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal

Crypto Crime Falls in China, Surges in Hong Kong, Reports RevealChina’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities attributing the rise to the popularity of crypto investments. Chinese Crime-Related Crypto Transactions […]

Iran Raises Alarm Over Potential Influx of Miners From China

Iran Raises Alarm Over Potential Influx of Miners From ChinaWith the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible influx of miners and illegal imports of mining hardware from China. Tavanir Warns […]

Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan

Bitmain to Host Miners in 180MW Data Center in KazakhstanCrypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs. Bitmain to Work With Mining Facility Operator Enegix Leading mining equipment producer Bitmain has announced a partnership with […]

Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan

Bitmain to Host Miners in 180MW Data Center in KazakhstanCrypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs. Bitmain to Work With Mining Facility Operator Enegix Leading mining equipment producer Bitmain has announced a partnership with […]