Eric Adams, mayor of the city of New York, indicated his disagreement with the bill, sanctioned by the state Congress, that prohibits crypto mining based on Proof of Work (PoW) considering that the “measure is not the way to follow to reduce the environmental impact of the activity.”
The bill would…
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They propose to suspend cryptocurrency mining in New York
New York lawmakers are preparing to amend the state's Environmental Conservation Law and are proposing to suspend cryptocurrency mining operations that use the proof-of-work (PoW) authentication protocol to validate business activities of…
Kazakhstan to propose new tax regime for cryptocurrencies
Kazakhstan's Minister of Economy, Alibek Kuantyrov, explained that the government is working on a new tax regime that aims to increase taxes on activities related to cryptocurrency mining. As well as "its intention to link the new rate to…
Three thousand companies participate in the 2022 Bitcoin conference
The 2022 Bitcoin conference will be held from today until April 9 at the Miami Beach Convention Center, in the United States, the participation of more than 3 thousand companies related to the cryptographic system and approximately 450…
Russian official urges cryptocurrency mining legalization
Evgeny Grabchak, Deputy Minister of Energy of Russia, called for cryptocurrency mining to be legalized in the country as soon as possible, through a regulation that establishes all the necessary points.
“The legal vacuum makes it difficult…
European Parliament rejects the ban on PoW mining
The European Parliament's Committee on Economic and Monetary Affairs has rejected the version of the draft Digital Assets Market Act (MiCA) that prevented cryptocurrencies based on Proof-of-Work (PoW) mechanisms.
The version of the law…
Hyperinflation boosts the use of cryptocurrencies in Venezuela
Venezuelan citizens currently use dollars, euros, Colombian pesos for their transactions. Cryptocurrencies also have an important use in the market to cancel products and services as a result of the loss of value and confidence of the…
Kosovo decided to stop bitcoin mining
The Kosovo government recently announced the suspension of cryptocurrency mining due to limitations created by the winter season in the region.
This was indicated by the Minister of Economy, Artane Rizvanolli, who, following the…
Hackers enter Google accounts in the cloud to mine cryptocurrencies
Hackers enter Google cloud accounts to mine cryptocurrencies. The internet giant recently published a report on “Google's threat horizon”, where it points out its concern about the use of cloud accounts that have been hacked to mine…
Caracas court annuls confiscation of equipment from bitcoin miners
The Supreme Court of Justice, on its official website, published the measure executed by the First National Contentious Administrative Court of the Capital District, on an appeal for protection in favor of the company Sierramoros C.A. Their…
Canada to use Bitcoin mining to heat buildings
Cryptocurrency mining company MintGreen announced that it will provide heating to residents of North Vancouver, Canada, using heat generated by miners.
This recent announcement indicates that this service will begin to be available from…
Sunacrip will carry out inspections in the Venezuelan digital mining
The National Superintendency of Crypto Assets and Related Activities (Sunacrip) will supervise digital mining in Venezuela with the help of other security agencies.
The entity reported that the Headquarters of the Joint Chiefs of Staff of…