New York Passes Bill to Limit Cryptocurrency Mining Operations
New York lawmakers have passed a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining… Read More
cryptocurrency mining
Crypto Mining Cost Not Allowed as Deduction Under I-T Act: Finance Ministry
Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under… Read More
Illegal Crypto Mining Facilities Busted in Kazakhstan
Crypto mining, the process of generating assets such as Bitcoin, is legally permitted in Kazakhstan, but only via authorised mining… Read More
Intel Launches New Chip for Crypto Mining and Making NFTs
Intel on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in… Read More
Chinese Cybersecurity Company Develops Crypto Mining Monitor for Government
China's crackdown on cryptocurrency mining has been swift and heavy-handed over the past few months and the government has decided… Read More
Crypto Mining in Texas May Demand 5 Times More Electricity by 2023
With Bitcoin mining picking up steam in Texas, US, its grid operator Electric Reliability Council of Texas (ERCOT) has foreseen… Read More
US Becomes Largest Bitcoin Mining Centre After China Crackdown
The United States has overtaken China to account for the largest share of the world's Bitcoin mining, data published on… Read More
Cryptocurrency Mining, Trading to Face Crackdown in China’s Hebei
The cyberspace commission in China's northern Hebei province said it will cooperate with other government departments to crack down on… Read More
Are Cryptocurrencies an Environmental Catastrophe?
While more and more people across the world are warming up to the idea of cryptocurrencies, there are several concerns… Read More
China Cryptocurrency Ban Forces Some Bitcoin Miners to Flee Overseas
China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global Bitcoin production, as… Read More