Category: Mining

Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing

Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing

On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued — which many industry experts appraised as a meaningful educational experience for the lawmakers — touched upon a range […]

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Witnesses address energy impacts of crypto mining during House hearing

Witnesses address energy impacts of crypto mining during House hearing

“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great,” said Jordan Ramis shareholder Gregory Zerzan. 1467 Total views 59 Total shares Five industry experts appearing before the United States House Energy and Commerce Oversight Subcommittee had different views on how […]

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Russian central bank proposes blanket ban on crypto mining and trading

Russian central bank proposes blanket ban on crypto mining and trading

Russian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments 2245 Total views 26 Total shares In a report published on Thursday, the Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: Trends, risks, measures” compares cryptocurrencies […]

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Top Bitcoin mining country Kazakhstan turns off internet amid protests

Top Bitcoin mining country Kazakhstan turns off internet amid protests

The government of Kazakhstan shut down the internet after the cabinet resigned amid major anti-government protests. 4508 Total views 36 Total shares Kazakhstan, which boasts the second-largest (BTC) mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests. Network data provider NetBlocks reported Wednesday that Kazakhstan was “in the midst […]

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Crypto mining reportedly rises in Thailand due to Chinese crypto ban

Crypto mining reportedly rises in Thailand due to Chinese crypto ban

Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto. 1996 Total views 37 Total shares Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September. Thai entrepreneurs and cryptocurrency businesses […]

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