Fri, March 29

Bluestone Mining Empowers Passive Income through Innovative Cloud Mining

BluestoneMining is pioneering a transformative approach to the digital asset industry, democratizing the cryptocurrency mining space by introducing revolutionary cloud mining solutions. This groundbreaking development aims to make the process of mining digital currencies accessible to a wider audience by simplifying and removing human involvement. Founded in 2016, BluestoneMining is

March 23, 2024 3 mins read

Robert F. Kennedy Jr’s Tweet Raises Debate about Cryptocurrency

The debate around cryptocurrency mining continues to rage across social media platforms. This was recently illustrated when renowned American environmental lawyer, Robert F. Kennedy Jr., tweeted about cryptocurrencies and the potential implications of a proposed 30% tax on crypto mining operations. Cryptocurrencies like Bitcoin have been hailed as a major

May 4, 2023 2 mins read

Russia Develops Special Institutions Settling Foreign Payments

Russia announced the development of special institutions in order to mine cryptocurrencies and transfer them internationally through certain legislation. As per the recent updates of BRICS nations, the payments over international settlements are taken into revaluation for legitimizing the crypto transactions.  Being a low-cost energy consumer, Russia has provoked financial

April 20, 2023 2 mins read

Right to Mine: Montana Paves a Way for Crypto Mining Hub in US

Recent reports on Twitter have announced that Montana has legalized cryptocurrency mining within the state. In February of this year, the Montana Senate House passed the “Right to Mine” Bitcoin (BTC) bill with an impressive vote of 37-13. Also, this bill grants citizens of Montana the right to own and

April 13, 2023 2 mins read

Russia Replaces Kazakhstan – Ranking World’s 2nd Crypto Miner

As per the reports of Kommersant, a Russian-based newspaper publisher, Russia is considered the world’s second-largest cryptocurrency mining country in the year 2023 – today. Furthermore, the United States ranks at the top of all crypto-mining countries. And, the total power consumption for crypto mining in the US reports 3

April 7, 2023 2 mins read

British Columbia Shuts Down Power Supply for Crypto Mining

British Columbia, Canada, has halted new electricity connection requests from cryptocurrency miners for 18 months to promote the province’s climate action and economic goals. The government of British Columbia stated, the suspension will relieve the province’s power constraints while its main electricity distributor, BC Hydro, is given more time to

December 22, 2022 1 min read

Microsoft Forbids Cloud-Crypto Mining!

Ever since the concept of cloud based crypto mining came to the limelight, the emotions of crypto mining catapulted, and absolutely evolved to a new level. True to the fact, all the drawbacks upon crypto mining have always been a great threat to ban it.  In addition, many countries have

December 15, 2022 2 mins read

New York Governor Imposed a Ban on Crypto Mining Firms for the Next 2 Years

New York governor, Kathy Hochul  imposed a temporary ban on the crypto mining firms for the next two years. All the mining companies that use carbon-based power sources will be banned immediately. Through this law, the state will focus on balancing both its economic growth and climate goals.  Furthermore, implementing

November 23, 2022 2 mins read

Paraguay President Vetoes Crypto Mining Regulation

On Monday, President Mario Abdo Bentez of Paraguay rejected a law that would have controlled the commercialization of cryptocurrency mining and other digital asset operations. The president’s official account tweeted, “The Executive Branch objects to the bill that seeks to regulate crypto mining in the country.” According to the decree,

August 31, 2022 1 min read

Crypto Miners Get Leverage From Iran Regulation: Access To Renewable Power

Each country focuses on crypto regulations, some have strengthened the rules but revising and making minor changes is constant. Similarly, the authorities of Iran have amended regulations for the crypto miners which now gives easy-access to renewable sources. This allows licensed miners to purchase electricity generated from renewable energy at

July 29, 2022 2 mins read