Thai Authorities Seize Close to 1000 Bitcoin Mining Rigs, Highlighting Regulatory Challenges In a recent turn of events, Thai police have confiscated nearly 1000 Bitcoin mining rigs as part of an ongoing crackdown on cryptocurrency mining operations. The seizure of these rigs sheds light on the regulatory hurdles associated with managing the substantial resource requirements […]
Russian Government Introduces Limits on Private Crypto Mining
The landscape of cryptocurrency mining in Russia has undergone significant changes with the government’s recent implementation of new regulations aimed at private miners. Effective from November 1, 2024, these measures impose a monthly energy consumption cap of 6,000 kWh for home-based cryptocurrency mining operations. This regulation comes as part of broader efforts to recognize mining […]