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IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining
The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and fiscal problems, according to a local news report. The IMF delegation […]
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Panther Metals Launches Bitcoin Treasury For Zine Mine Finance
Mineral exploration company Panther Metals Plc has announced a Bitcoin treasury strategy combining traditional mining assets with Bitcoin holdings, leading to a surge in its stock price on Monday. In a statement, the UK-listed mining […]
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Chinese Bitcoin mining giants move production to US amid tariff tensions
China’s top three Bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are reportedly shifting parts of their production to the United States, Reuters reported on June 18. The move comes as a response to intensifying […]
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Crypto News Update: XRP Mining Revolution, Bitcoin Dips Below $100K, and Market Turmoil
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Norway’s Government Is Exploring A Crypto Mining Ban
The government of Norway is considering a temporary ban on crypto mining in the country in an effort to “free up power, network capacity and area for other purposes.” In a Friday notice, the Norwegian […]
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Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin
Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20. According to the report, the government is expected to implement […]
