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Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite...

Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners

The Ordinals Protocol has enabled NFTs and BRC-20 tokens on the Bitcoin network – whereas previously, it was a single-asset network. However, the issue...

Marathon, Zero Two to launch sustainable mining operation in Abu Dhabi

Marathon Digital Holdings and Zero Two announced a new Middle Eastern mining operation in a press release on May 9. The first mining site...

Vortex doubles mining capacity to combat inflation

US-based Bitcoin (BTC) mining company Vortex Mining is doubling its mining capacity to combat global inflation. Vortex said inflation has been increasing around the...

Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say – Mining Bitcoin News

Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great...

Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s – Mining Bitcoin News

Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital LLC, a subsidiary...

Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases – Mining Bitcoin News

Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May...

Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to...

White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining – Mining Bitcoin News

On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s...

Kazakhstan’s Bitcoin mining industry has several challenges ahead

In May 2023, Kazakhstan’s share of the global Bitcoin mining hashrate stood at 4%, down from its peak of 18% in October 2021....

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