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Tether Finally Winds Down Mining Operations in Uruguay

2025-11-28 by admin Leave a Comment

Tether Finally Winds Down Mining Operations in Uruguay

Tether, one of the largest cryptocurrency companies, has finally confirmed its exit from Uruguay after a breakdown in its negotiations with UTE, the national power company. The local press reported that the company fired 30 workers and notified the national labor ministry (MTSS) of these actions. Tether Leaves Uruguay, Abandons $ 500 Million Mining …

China Reemerges as Global Bitcoin Mining Power

2025-11-26 by admin Leave a Comment

China Reemerges as Global Bitcoin Mining Power

China’s bitcoin mining industry is staging an unexpected resurgence four years after a sweeping ban forced mass shutdowns. New data shows China has reclaimed the world’s No. 3 spot as cheap electricity, regional incentives, and shifting policy signals draw miners back. Beijing’s Softening Crypto Stance Fuels Stealth Mining Comeback Bitcoin mining in China is rebounding […]

Federal Prosecutors Win Conviction of Mining Founder in Multimillion-Dollar Crypto Fraud

2025-11-21 by admin Leave a Comment

Federal Prosecutors Win Conviction of Mining Founder in Multimillion-Dollar Crypto Fraud

A federal jury’s fraud conviction of a Texas mining founder underscores calls for transparency that are accelerating stronger safeguards, reinforcing investor confidence, and positioning legitimate bitcoin mining operations for growth despite revelations of customer deception. Federal Jury Finds Mining Founder Guilty in Multimillion-Dollar Crypto Fraud The U.S. Attorney’s Office for the Northern District of Texas […]

American Bitcoin Targets 50 EH/s Bitcoin Mining Capacity

2025-11-21 by admin Leave a Comment

Trump backed $ ABTC just dropped its first earnings as a public company. This “not just a miner, not just a treasury” company is now targeting 50 EH/s to power its BTC-focused growth strategy. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to Bitcoin mining …

Malaysia’s National Power Company Loses Over $1.1 Billion to Illegal Crypto Mining

2025-11-20 by admin Leave a Comment

Malaysia’s national utility firm Tenaga Nasional Bhd (TNB) lost over $ 1.11 billion to illegal electricity use by crypto miners between 2020 and August 2025, with 13,827 premises implicated. Intensified Enforcement and Regulatory Clarity Malaysia’s national utility company, Tenaga Nasional Bhd (TNB), has suffered losses exceeding $ 1.11 billion (4.6 billion ringgit) due …

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Turkmenistan Legalizes and Regulates Virtual Assets in Landmark 2026 Law

Turkmenistan has passed a new law, signed by President Serdar Berdymukhamedov on Nov. 28, that officially legalizes and

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Recent post

  • Turkmenistan Legalizes and Regulates Virtual Assets in Landmark 2026 Law
  • Nic Carter Raises Concerns on Bitcoin’s Quantum Vulnerability: Q-Day to Arrive by 2035
  • Here’s One Reason Why Bitcoin Might Rally After Thanksgiving
  • Silver Breaks Record Prices in Historic Cup and Handle Event
  • South Korea’s FSC Expands Travel Rule, Tightens Oversight of Crypto Transactions

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