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Crypto Mining

Oman and Kyrgyzstan Invest Millions of Dollars in Cryptocurrency Mining

The Ministry of Transport, Communications, and Information Technology in Oman has announced the opening of a new cryptocurrency mining center worth 135 million Omani rials (over 350 million dollars) in the Salalah Free Zone. This comes after the announcement of another mining center in...

Sazmining Targets South America with Sustainable Bitcoin Mining Facility in Paraguay

Sazmining, a hosted Bitcoin mining provider committed to 100% renewable energy, has set its sights on South America with the establishment of a new facility in Paraguay. Slated to commence operations on September 15th, the facility takes advantage of Paraguay's low electricity prices, offering...

Russian Ministry of Energy supports legislation on cryptocurrency mining and calls for taxation

The Russian Ministry of Energy has expressed its support for legislation on cryptocurrency mining and urged lawmakers to move forward in issuing a law related to this matter. The Deputy Minister of Energy emphasized the need to recognize miners as energy consumers and impose...

Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy

Reports indicate that Tether, the company behind a digital currency pegged to the U.S. dollar, is expanding its investments in green Bitcoin mining by partnering with Volcano Energy in El Salvador. Green Bitcoin mining refers to the process of mining the cryptocurrency using renewable...

Marathon Digital’s Software Empowers 77% Surge in Bitcoin Mining Output

Marathon Digital Holdings, a prominent player in the industry, witnessed a significant increase in Bitcoin production during the month of May. This surge, which saw Marathon mining 1245 Bitcoin coins, represents an impressive 77% increase compared to the previous month. The driving factors behind...

An anonymous cryptocurrency miner makes huge profits in bitcoin in one day

A mysterious cryptocurrency prospector who succeeds in extracting more than 1.7 million dollars worth of bitcoin in one day, looks like a new participant in the network. This unknown prospector managed to find many blocks, which aroused the interest of well-known mining companies. He...