Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme

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Expanding OperationsAccording to the report, Lai Mouhang and Lai Moujun established Shenzhen Shikongyun Technology in 2018. Defendants Liang Mousheng and Hu Mou joined soon...

Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million

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On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark,...

Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed

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Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry...

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

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The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news...

Tether Charts Strategic Course in Bitcoin Mining, Plans $500 Million Infusion

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Tether Holdings Ltd., the issuer of the leading stablecoin in terms of market value and trade volume, is poised to become a formidable player...

Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe...

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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Wallet newsCrypto hardware...

Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion

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Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed...

Have Helium Leaders Been Lining Their Own Pockets While Not Delivering on Product?

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The company may have also exaggerated the nature of some of its partnerships, with Helium subsequently removing certain companies from their website where they...

Hive Amplifies Bitcoin Mining Might With 7,000 Bitmain S21 Units

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The publicly-listed company Hive Digital Technologies, based in Vancouver, has announced the acquisition of 7,000 new application-specific integrated circuit (ASIC) bitcoin mining rigs from...

Paraguayan Cryptocurrency Law Shelved After Presidential Veto

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The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring...