News with the tag "crypto miner"

Tether, the issuer of the USDT stablecoin, increased its holdings in bitcoin (BTC) miner Bitdeer (BTDR), building on a investment it started almost a year ago. The company financed the acquisition with working capital and now owns 21% of the company, according to a Securities and Exchange Commission...

Hashrate dominance continues to be debated due to the pseudonymous and geographically distributed nature of Bitcoin mining.

As the crypto world navigates a transformative phase, three standout topics are capturing attention. SUI’s trading volume surged to $10.45 billion in December, marking its seventh consecutive all-time high and showcasing a strong trend in decentralised trading. Meanwhile, anticipation builds for the...

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. It will also implement seasonal bans on other territories and potentially add more areas to the list amid the ongoing electrical cr...

JPMorgan has highlighted a transformative shift in the crypto mining industry, revealing that miners are increasingly adopting a MicroStrategy-like approach to Bitcoin (BTC) accumulation. Instead of selling reserves, miners are raising funds through debt and equity to retain their BTC holdings, a tr...

A US Federal Judge in Little Rock has temporarily halted Arkansas State’s efforts to shut down a crypto mining firm owned by a Chinese-born man. The ruling comes after the firm requested a Temporary Restraining Order (TRO) claiming illegal discrimination. Related Reading: Solana’s Pump.Fun Under Fir...

Russia has been steadily moving towards full regulation of its crypto mining industry, as government officials and industry leaders met at the first forum of the Industrial Mining Association (IMA) in Moscow. The event, which happened on October 14, involved 70% of Russia’s crypto mining farms, show...

A cryptojacking and stealing malware infected tens of thousands of devices over the past few months, but the attackers made off with only around $6,000.

The IMF says an 85% increase in electricity taxes for crypto miners could significantly curb global carbon emissions. The IMF says such a levy would raise annual government revenue of $5.2 billion globally. Targeted power taxes for AI data centers should be $0.032 per kilowatt hour, or $0.052, inclu...

Iran is reportedly giving out $24 to anyone who alerts authorities to illegal crypto mining operations as the country faces power shortages amid a severe heatwave. The chief of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, strain...