Notable political and business figures were said to be behind some of the mines, including the brother of former President Nursultan Nazarbayev.
Bitmain Says New Liquid Cooling Miner Is its Most Power Efficient Model to Date
The S19 XP Hyd. will deliver 255 TH/s at 20.8 J/T.
Owner of Bitstream Mining to List on Nasdaq
The small miner has bought 5,000 used Canaan mining rigs and has an agreement to host Bitmain s19 Pros in Texas.
Thailand Eases Tax Rules on Digital Assets Until 2023
Crypto traders will be exempt from a 7% VAT tax.
Cipher Mining Scraps Plan to Buy Bitfury Rigs, Sticks With Bitmain, MicroBT
The bitcoin miner wants to stay nimble to potentially grab opportunities in a fast market.
Animoca Brands Will Stop Offering Services to Russian Users: Report
The Hong Kong gaming giant has received legal advice to impose restrictions, the chairman and co-founder said.
Cryptos Retain Gains as Ukraine Security Crisis Continues to Deteriorate
Talks between the two sides appear to have led nowhere.
Intel’s Second-Gen Miner’s Efficiency Second Only to That of Bitmain’s S19 XP: Griid
The new miners boast power efficiency of 26 J/TH, better than most Bitmain and MicroBT models, according to miner and client Griid Infrastructure.
Ethereum Mining Pool Flexpool Halts All Services to Russia in Wake of Ukraine Invasion
The pool is possibly the first of its kind to cut services to Russian users.
China’s Supreme Court Rules Crypto Transactions Constitute ‘Illegal Fundraising’
The ruling paves the way for violators to be criminally prosecuted with a punishment of up to ten years in prison and fines of up to $79,000.
BC Group, Archax, InvestaX Form Consortium on Security Tokens Globally
The consortium wants to tackle cross-border technical and regulatory interoperability for security tokens.
China’s Zhejiang Province Implements Punitive Electricity Prices for Crypto Mining
Authorities are still working to eliminate the industry, months after it was banned.