In Northern Michigan, a growing number of people are worried about the rapid growth of data centers. These centers need a lot of energy and are often linked to cryptocurrency mining and artificial intelligence. Environmental groups and community leaders are stepping up to educate residents about the
Russia is getting tough on crypto miners who don't follow the rules. The government wants to stop illegal mining and make sure everyone pays their fair share. The Ministry of Justice has proposed new laws. These laws could punish illegal miners with big fines and even prison time. If someone makes
HIVE Digital Technologies is changing the game in crypto mining. Unlike others, they aren't just chasing Bitcoin's ups and downs. They're focusing on building a strong business that can handle any market. Frank Holmes, the company's co-founder and executive chairman, shared their strategy. He highl
Hackers have found a new way to make money using AWS services. They are using stolen login details to sneak into AWS accounts. Once inside, they set up their own crypto mining operations. This all happens very fast. Within just 10 minutes, they can start mining cryptocurrency. The hackers use speci
China's stance on cryptocurrency is a puzzle. On one hand, the government has banned most crypto activities. On the other hand, millions of people still find ways to use and trade crypto. This is a big deal because China is home to a huge number of crypto users, even though it's illegal. People in
VTB, Russia's second-largest bank, is making waves by planning to offer direct bitcoin and crypto trading to its clients. This move comes as a response to growing customer demand for actual cryptocurrencies, not just derivatives. Despite the lack of clear regulations, VTB is testing the waters with
The Scaramucci family has put over $100 million into American Bitcoin, a mining company with ties to former President Donald Trump’s sons. This investment came through Solari Capital, a firm started by AJ Scaramucci, which led a $220 million funding round back in July. The company went public later
In Iran, a staggering number of crypto miners are operating outside the law. Out of the 427, 000 active mining rigs, more than 95% are running without proper approval. This has turned Iran into a hotspot for illegal mining activities, all thanks to the country's low electricity prices. The head of
In Iran, a big problem is brewing. Nearly all of the country's 427, 000 crypto mining machines are running without permission. This is a huge deal because these machines are guzzling up more than 1, 400 megawatts of electricity every day. That's a lot of power! The issue is so severe that it's putt
British Columbia is making a big change. It wants to stop new crypto mining projects from using its power grid. This decision is part of a bigger plan to focus on other industries that use clean energy and create more jobs. The government thinks this will help the economy grow and meet climate goals
