Malaysia Loses $1.1 Billion to Crypto Mining Electricity Theft
Malaysia's Tenaga Nasional reports $1.1 billion in losses from illegal crypto mining operations that bypassed electricity meters a...
Belarus Prioritizes Crypto Mining Amid Push to Break Dollar Dominance
Belarus positions crypto mining as a strategic priority for de-dollarization, leveraging nuclear power capacity while Asia's wealt...
British Columbia Pulls the Plug on Crypto Mining and AI Power Expansion
TLDR: British Columbia permanently banned new crypto mining projects, ending a two-year moratorium on new grid connections. The pr...
British Columbia to Permanently Ban New Crypto Mining Projects From Grid
The ban is part of an effort to manage electricity demand and ensure industrial development is powered by clean electricity.
Canada Province Shuts Door on New Crypto Mining Ventures — Here’s Why
British Columbia bans new crypto mining projects to conserve clean hydro power for industries that deliver stronger economic and j...
Bitfarms Raises $500M in Convertible Notes to Strengthen Its Crypto Infrastructu...
TLDR: Bitfarms priced a $500M convertible note offering with a 1.375% rate and maturity in 2031 to fund operations. The convertibl...
Crypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center...
The firm said it sees a "sustained imbalance" between demand and supply of AI computing power, and projected to generate up to $2...
Russia Losing ‘Millions of Dollars a Year to Illegal Crypto Miners’ – Report
Illegal and quasi-legal crypto mining is costing Russia “millions of dollars per year” in electricity and lost taxes, a news expos...
Russian Police Seize More Than 2,700 Crypto Mining Rigs in St. Petersburg Raid
Russian police say they have confiscated over 2,700 crypto mining rigs from a facility in St. Petersburg that went online in 2018....
Google-Backed Crypto Miner TeraWulf Plans $3B Debt-Financed Expansion: Report
Crypto miner TeraWulf plans to raise $3B through bonds or loans to expand data centers in a deal backed by Google.The post Google...