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You are here: Home / Archives for Crypto Mining

Crypto Mining

IMF Rejects Pakistan’s Plan to Offer Subsidised Power for Crypto Mining Operations

July 4, 2025 by Sheila

The IMF rejected Pakistan’s crypto power subsidy plan, citing energy market risks; talks with the World Bank and other partners are still ongoing.

Filed Under: News, Bitcoin News, Industry Tagged With: Bitcoin Mining, Bitcoin reserve, Crypto Mining, Cryptocurrency, digital asset, International Monetary Fund (IMF), Pakistan Crypto Strategy

Norway to Ban New Crypto Mining Sites From Late 2025 to Conserve Electricity

June 23, 2025 by Mwongera Taitumu

Norway will impose a temporary ban on new cryptocurrency mining data centres starting in autumn 2025. The move aims to redirect the use of electricity to more productive industries. The government confirmed the plan as part of its digital infrastructure policy. Norway Redirects Energy to Job-creation The Norwegian government has grown concerned over the electricity […]

Filed Under: News Tagged With: Crypto Mining, norway

Apple Loosens NFT, Crypto App Rules After Court Ruling

May 3, 2025 by Mwongera Taitumu

Apple modified its iOS App Store rules after a U.S. District Court decision in the Epic Games antitrust case. The court ordered Apple to drop its payment fees on purchases outside the App Store and eliminate its restrictions on external payment links. This policy shift by Apple enables developers to create apps that can direct […]

Filed Under: News, World Tagged With: Apple, Crypto, Crypto Mining, Epic Games, Google, iOS, NFT

$800M in Bitcoin: New Docuseries Explores Lost Fortune

May 1, 2025 by Paul Adedoyin

Engineer’s $800M Bitcoin fortune lost in Welsh landfill becomes subject of new LEBUL documentary series.

Filed Under: News, Bitcoin News Tagged With: Bitcoin, blockchain story, Crypto Mining, digital fortune, documentary series, environmental concerns, James Howells, landfill recovery, LEBUL, Legal battle, lost cryptocurrency, Newport Wales

Pakistan Eyes Crypto Mining to Transform Surplus Energy into Economic Growth

March 23, 2025 by Sheila

Pakistan explores using surplus electricity for Bitcoin mining, aiming to attract global investors with special tariffs and reduce financial strain.

Filed Under: News, Bitcoin News, Industry Tagged With: Bitcoin (BTC), Crypto Mining, Cryptocurrency, Pakistan

Regulatory Relief: SEC Declares PoW Mining Free from Securities Rules

March 21, 2025 by Sadia Ali

The U.S. SEC has made a statement to clarify that mining operations under the Proof-of-Work (PoW) mechanism are not offerings of securities. This is to distinguish mining from investment contracts using the Howey Test to determine whether an asset is subject to securities regulation. The statement highlights that PoW miners offer computational power for confirming […]

Filed Under: News Tagged With: Crypto Mining, PoW Mining, SEC

Utah Passes Bold Crypto Bill: Will Other States Follow Its Lead?

January 30, 2025 by Areeba Rashid

The House committee in Utah has made a major move towards the use of public cryptocurrency funds in the state. On January 28th the Utah House Economic Development Committee voted 8 to 1 in favor of HB 230, commonly referred to as the Blockchain and Digital Innovation Amendments. The bill will now be taken to […]

Filed Under: News Tagged With: Bitcoin, Bitcoin reserve, Blockchain, crypto bill, Crypto Mining, Digital Innovation Amendments, HB 230, Stablecoins

Energy-Guzzling Crypto Mining Faces Ban: Norway’s Crackdown

April 17, 2024 by Aishwarya shashikumar

Norway, renowned for its stunning fjords and progressive environmental policies, is taking a firm stance against energy-intensive crypto mining. In a recent announcement, Minister for Energy Terje Aasland highlighted the government’s determination to steer clear of such ventures. According to reports from local news outlet VG, Norway’s government is gearing up to introduce a new […]

Filed Under: News, Altcoin News, Bitcoin News, World Tagged With: Crypto, Crypto Mining, Cryptocurrency, norway

School District Crypto Heist Unveiled: Mining Mischief Sparks National Energy Review

February 3, 2024 by Ammar Raza

The United States Department of Justice (DOJ) has filed charges against two high-ranking staff members of the Patterson Joint Unified School District accused of orchestrating a cryptocurrency mining operation within the district’s premises, siphoning resources, and inflating electricity costs. Documents reveal a complex scheme orchestrated by Menge, who served as the Assistant Superintendent and Chief Business Officer, […]

Filed Under: News, World Tagged With: Bitcoin Mining, crypto heist, Crypto Mining, Cryptocurrency, DOE, DoJ

Crypto Mining Hardware Firm Phoenix Technology Plans UAE IPO

July 29, 2023 by Aishwarya shashikumar

In a recent mainstream media report, it was revealed that Phoenix Technology, a prominent crypto mining hardware provider, is making significant strides towards going public in Abu Dhabi, UAE. According to a report by Bloomberg, the UAE-based company is currently engaged in discussions to conduct an initial public offering (IPO) within the United Arab Emirates. […]

Filed Under: News, World Tagged With: Crypto, Crypto Mining, Cryptocurrency, Phoenix Labs, UAE

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