Global #Cryptocurrency mining

Kyrgyzstan, a country known for its abundant hydroelectric resources, experienced a sharp decline in tax revenue from cryptocurrency mining in 2024, despite a global rise in crypto valuations.

GreenpeaceUSA has quietly ended its "Change the Code" campaign, an initiative aimed at mitigating the environmental impact of cryptocurrency mining.

Russian authorities are set to introduce significant restrictions on cryptocurrency mining in regions of Ukraine under its control, marking a new regulatory step in the country’s ongoing response to its energy challenges amid the war.

Crypto mining hardware is the backbone of the cryptocurrency mining industry. It determines the efficiency, profitability, and overall success of a mining operation.

On October 30, Evgeny Grabchak, Russia’s Deputy Energy Minister, announced that the country will soon impose restrictions on cryptocurrency mining in regions facing critical electricity shortages.

Green United LLC has lost its bid to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC), which accuses the company and its executives of orchestrating a fraudulent cryptocurrency mining scheme that allegedly defrauded investors of approximately $18 million.