Norway: Tax on Crypto Mining Scares away $116 Million Foreign Investment

Norway: Tax on Crypto Mining Scares away $116 Million Foreign Investment

NTC Services AS revealed that a foreign investor had stopped an $116 million investment into a crypto mining facility which was going to be built... Details
Welcome to Medicine Hat, Home to Canada’s Biggest Mining Farm

Welcome to Medicine Hat, Home to Canada’s Biggest Mining Farm

Small cities and towns in Canada have emerged as popular destinations for cryptocurrency mining companies. Canada’s Largest Mining Farm Medicine Hat, a city in Alberta,... Details
Cryptocurrency Mining Could Soon be Regulated in Plattsburgh New York

Cryptocurrency Mining Could Soon be Regulated in Plattsburgh New York

Plattsburgh, New York is pushing to regulate crypto mining operations in order to protect their residents’ safety and wallets. To thrive, Bitcoin mining operations require... Details
Cryptocurrency Mining Operation in Iceland Addresses Industry’s Electricity Usage Concerns

Cryptocurrency Mining Operation in Iceland Addresses Industry’s Electricity Usage Concerns

The cryptocurrency mining industry gets a lot of attention lately. Its perceived energy usage remains a topic of substantial debate. Icelandic farmers may have come... Details
Russian Church Forced To Pay For Crypto Mining

Russian Church Forced To Pay For Crypto Mining

A court ruling in Russia recently determined that a church must pay higher electricity fees, due to the fact that they are running cryptocurrency mining... Details
Chinese Bitcoin Mining Equipment Manufacturers Suffer Setback as Trump Increases Tariffs

Chinese Bitcoin Mining Equipment Manufacturers Suffer Setback as Trump Increases Tariffs

Bitmain’s $3 billion initial public offering (IPO), as well as that of other Chinese bitcoin mining equipment manufacturers such as Canaan and Ebang, may be... Details
Church Mining Cryptocurrency Told to Pay Higher Electricity Rates

Church Mining Cryptocurrency Told to Pay Higher Electricity Rates

The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling,... Details