Mining Ban | ForkLog

ForkLog 23 19.05.2024

Venezuela Halts Cryptocurrency Mining to Protect Power Grid

Venezuela’s Ministry of Electricity will disconnect “all cryptocurrency mining farms” from the national power grid to manage demand. This was reported by local media, citing a statement from the ministry. “The goal is to disconnect all cryptocurrency mining farms in the country from the national electrical system to avoid high demand and continue providing efficient […]

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ForkLog 12 11.04.2024

Paraguayan Senate Halts Bitcoin Mining Ban Proposal

The Paraguayan Senate has paused the consideration of a bill proposing a moratorium on cryptocurrency mining, focusing instead on the financial implications. This was reported by Cointelegraph. On April 3, a group of senators introduced a document that proposed a 180-day ban on cryptocurrency mining and the establishment of new bitcoin farms in the country. […]

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ForkLog 11 08.04.2024

Paraguay Faces Potential $200 Million Loss from Proposed Mining Ban

Paraguay’s economy could forfeit over $200 million in annual revenue if a proposed bill to ban mining is enacted. This was stated by Hashlabs Mining co-founder Jaran Mellerud in an interview with Cointelegraph. In April, a group of senators introduced a document to Congress proposing a 180-day moratorium on cryptocurrency mining activities and related operations. […]

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ForkLog 22 05.04.2024

Paraguayan Senators Propose Temporary Ban on Bitcoin Mining

A group of Paraguayan senators has introduced a bill in Congress to temporarily ban cryptocurrency mining and related activities. According to the politicians, illegal digital asset mining operations are stealing electricity, leading to supply disruptions for the population. They have proposed a 180-day moratorium on the “installation of new crypto farms” and the “creation of […]

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ForkLog 26 22.01.2024

China’s Crypto Traders Evade Ban with Innovative Tactics

Despite Beijing’s 2021 ban on cryptocurrency trading, a thriving underground market for digital assets persists in the country, reports the WSJ. According to the publication, investors are using VPN services, social networks, and in-person transactions. China’s Crypto Market Survives Crackdown Measures taken by authorities throughout 2021 to tighten policies on cryptocurrencies and mining effectively banned […]

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ForkLog 12 18.11.2023

In Abkhazia, miners face threat of equipment destruction

Since November, Russia has begun supplying electricity to Abkhazia on a commercial basis. Against this backdrop, in Sukhumi the operational headquarters for combating cryptocurrency mining has resumed operations, local media report.

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ForkLog 6 26.01.2023

Russian council urges ban on home mining

The Federation Council's Energy Committee has sent to the Russian government a recommendation for a complete ban on mining in residential buildings to prevent fires.

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ForkLog 16 09.09.2022

White House threatens to ban Bitcoin mining over its environmental impact

American lawmakers and regulators are weighing stringent measures against Bitcoin mining because of its large carbon footprint.

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ForkLog 4 03.08.2022

Kosovo extends ban on Bitcoin mining

The government of the partially recognised state of Kosovo approved the introduction of emergency measures in the energy sector, specifically relating to cryptocurrency mining.

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ForkLog 8 17.05.2022

Mining farm shut down in an Abkhazian village

An illegal farm of 31 ASIC miners was discovered in Abkhazia.

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ForkLog 13 04.04.2022

Abkhazia extends cryptocurrency mining ban to the end of 2022

On 1 April, the Abkhazian cabinet extended restrictions on cryptocurrency miners.

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ForkLog 8 02.02.2022

New York gubernatorial candidate calls for ban on Bitcoin mining

New York gubernatorial candidate Jumaane Williams called on the region's authorities to impose a moratorium on Bitcoin mining and other Proof-of-Work-based cryptocurrency mining due to its energy intensity.

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