Category: Crypto mining

Kazakhstan ramps up power consumption reporting requirements for crypto miners

Kazakhstan ramps up power consumption reporting requirements for crypto miners

Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption. 965 Total views 57 Total shares The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry’s energy usage affects the local […]

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Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis

Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis

Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets. 2230 Total views 394 Total shares Republican Senator and Bitcoin proponent Cynthia Lummis said that massive government spending is accelerating crypto adoption. Lummis made the comments while sharing an interview she did with “Varney & Co” on the […]

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‘Pointless but incredible’— New electric car mines crypto while it’s parked

‘Pointless but incredible’— New electric car mines crypto while it’s parked

Canadian light electric vehicle manufacturer Daymak has announced an upcoming electric car that can mine Bitcoin, Ethereum, and Doge — when it’s charging or parked. According to the firm’s June 1 announcement, The “Spiritus” electric car is set to roll out in 2023 and will come fitted with “an industry-leading GPU in mining price-to-profit.” However, […]

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