This is the only province in the country that gives legal support to Bitcoin. The Pakistan Securities and Exchange Commission is studying the legal framework for cryptocurrencies.
In recent days, the government of...
The government is currently offering rewards to those who report clandestine Bitcoin miners. They have detected 500 illegal farms so far, thanks to the whistleblowers.
Iranian authorities report that since Bitcoin (BTC) mining...
Although China maintains dominance in Bitcoin mining, other countries are growing in this industry. Government pressure on Chinese miners is one of the factors discouraging the activity.
While the concentration of Bitcoin mining...
Bitcoin's mining difficulty recently recorded
a 14.95% increase after having decreased as a result of the halving. The cryptocurrency had not
recorded these values in its mining difficulty since January 2018, when it
increased by more than 16%.
China could be losing its power regarding
the concentration of the Bitcoin mining industry. Meanwhile, the USA is
becoming increasingly interested.
The epicenter of the Bitcoin mining industry in the
world is in China. However, there...
The government of Iran issues licenses for cryptocurrency mining.
Hassan
Rouhani, President of Iran, issued a direct order to his government cabinet
related to cryptocurrencies. In the statement, the President expressly asks to
develop a national...
According to media, the rainy season
could start in late May. Authorities will strengthen surveillance of energy use
due to high demand.
Some Bitcoin mining farms in China's Sichuan province
have been disconnecting their mining equipment...
Analysts suggest that
the event will be different from the reductions by half occurring in 2016 and
2012. All this takes place amid the coronavirus pandemic, a recession, and the
intention of central banks to test digital currencies.
Authorities will allow tax-free crypto
mining if they determine that the action is only performed in a non-profit manner.
In new update of the tax guide in Singapore, the authorities
revealed new considerations on some...
Shortly, China-based
Bitcoin miners could migrate to other places. In recent years, the oil industry
has discarded billions of cubic meters of natural gas.
The upcoming event that reduces the
reward of Bitcoin miners by half...
