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Senator Cynthia Lummis has launched a blistering attack on the Biden administration's proposed 30% excise tax on Bitcoin mining energy consumption. According to Lummis, the White House has no idea about how green Bitcoin mining really is. Yes, green, despite all the popular myths. The pro-crypto law

Bitcoin's recent surge past $65,000 has set the crypto world abuzz. Analysts are now forecasting potential price targets north of $200,000. This bullish outlook stems from historical patterns and improving miner profitability. Pseudonymous analyst Cryptonary highlighted a key trend. "The end of Mine

Russian President Vladimir Putin has raised the alarm on an impending energy crisis. The culprit? Unchecked growth of bitcoin mining in the country. Yes, this is what President of the country amid conventional war is really worried about. Putin highlighted the massive power consumption of mining ope

Paraguay's Bitcoin mining crackdown has reached a new milestone. The country has seized over 10,000 ASIC miners this year. This puts it on par with Venezuela's recent enforcement efforts. The National Electricity Administration (ANDE) has conducted more than 70 raids. These targeted suspected Bitcoi

Illegal cryptocurrency mining operations in Malaysia have stolen electricity worth astounding $723 million between 2018 and 2023. Their profits from Bitcoin and Ethereum mining for that period remains unknown, yet it would be fare to assume the sum is also epic. This revelation comes from Akmal Nasr