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Nalezeno "Energy": 1430

Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms


Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down...

Bitcoin Mining Difficulty Hits Its 3rd All-Time High in a Row


  Bitcoin (BTC) mining difficulty has made another jump, hitting a new all-time high (ATH) – the third one in a row. Further cutting into the miners' profit margins, the mining difficulty (the measure of how hard it is to compete for mining rewards) just went up 4.78%, reaching almost 27.97...

Bitcoin Miners Get Creative as Mining Difficulty Set for New All-Time High


  Bitcoin (BTC) miners are increasingly turning to creative methods to become more efficient, while at the same time attempting to improve the image of the electricity-guzzling industry. The new initiatives come as the difficulty of mining new BTC is already at it its highest level ever, and...

Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining


Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining...

New Taxes Await for Kazakhstan’s Beleaguered Bitcoin and Crypto Miners


  The government of Kazakhstan has unveiled a package of measures aimed at further taxing the nation’s Bitcoin (BTC) and crypto mining sector. The measures will involve tax hikes on electricity, a crackdown on unregistered miners, a tax on mining hardware, and the introduction of VAT charges...

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