crypto mining fines
UAE Authority Targets Illegal Crypto Operations on Farms
UAE's capital imposes record AED 100,000 penalties on cryptocurrency mining operations misusing agricultural land, marking 900% fine increase as authorities prioritize food security over digital assets.
North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance
US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.
UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin
Argo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.
Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America
Crypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.
Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters
Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.
Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects
Kazakhstan's government is trying to secure a $700 million investment and reports that it is on track with its crypto mining farm project.
117 Smuggled Crypto Mining Machines Seized by Iranian Police
The Iranian provincial police had apprehended an individual who was said to be smuggling in cryptocurrency mining machines. This was reported by the local news agency Fars News, on July 31.
Heaven for Bitcoin Miners? Iran Officially Legalizes Crypto Mining
The Iran Chamber of Commerce, Industries, Mines and Agriculture recently published a statement that the Iranian Economic Commission has approved a mechanism for digital coin mining.
UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility
London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.
US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms
The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.
Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency
Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.
Microsoft Patents Cutting Edge Human-Powered Crypto Mining System
Microsoft has filed for a patent for a cryptocurrency mining system that will leverage the data collected from people as they interact with advertising or exercise.