Paraguayan Senate Passes Law Imposing up to 10 Years of Jail Time on Crypto Miners for Electricity Theft
The Paraguayan senate has passed a series of reforms that changed penalties for energy and cryptocurrency mining-related energy theft. Now,...
Mining
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Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC
Russian President Vladimir Putin warned that crypto mining could lead to significant power shortages in some regions of the country...
Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether
On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214...
Bitfarms schedules shareholder vote for October amid Riot’s intensified acquisition efforts
Bitcoin miner Bitfarms will hold a shareholder vote in October regarding Riot Platform’s takeover bid, according to a July 12...
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of...
Northern Data saw revenue drop to €77.5 million, mined 2,298 BTC in 2023
Northern Data Group reported a net revenue of €77.5 million for the 2023 fiscal year, down from €193.3 million in...
Clandestine Bitcoin Mining Survives Government Ban in Venezuela, Albeit at Small Scale
According to local reports, clandestine bitcoin mining is thriving again in Venezuela, albeit at a small scale after the government...
TeraWulf announces plans to scale Bitcoin mining, AI operations
Bitcoin (BTC) miner TeraWulf announced it has fully satisfied its debt obligations and plans to scale up its operations.On July...
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased...
Bit Digital, Iris Energy report declining Bitcoin output, rise in hash rate YoY
Bit Digital and Iris Energy reported June Bitcoin (BTC) mining results on July 5, posting one-year hash rate increases alongside...
