Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week

The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with... Read more »

Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining

Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected... Read more »

Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight

Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety... Read more »

Iran Seizes 3,000 Crypto Mining Devices in a Week

Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single... Read more »

Bitcoin Mining Firm Hut 8 Approved to List on Nasdaq

Major North American bitcoin mining firm Hut 8 Mining has been approved for listing on Nasdaq under the ticker symbol HUT. The company is also listed on the Toronto Stock Exchange (TSX).... Read more »

China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down

Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently... Read more »

China Orders Bitcoin Mining Shutdown in Xinjiang

Key Takeaways The local government of Changji has ordered the closure of Bitcoin mining in the Xinjiang economic belt.  Xinjiang is the second most popular Bitcoin mining destination using thermal or coal-based... Read more »