Malaysian Authorities Seize Illegal Crypto Miners
Sarawak Energy, Malaysia’s electricity supplier, discovered an illegal mining farm in Miri on the island of Borneo, according to local media.
Sarawak Energy, Malaysia’s electricity supplier, discovered an illegal mining farm in Miri on the island of Borneo, according to local media.
Sazmining, a 100% renewable US-based Bitcoin miner hosting provider, will be launching a new facility in Paraguay scheduled to open in September.
Crypto mining company TeraWulf announced that it will boost its self-mining hashrate by 58% through the purchase of 18,500 Antminer S19j XP mining machines.
Over the past two weeks, approximately 33,860 Bitcoins have been sent by miners to crypto exchanges, totaling more than $1 billion.
In Q1, Argo Blockchain recorded $11.4 million in revenue – a 15% increase from the last period – and a net loss of $8.7 million.
Fred Thiel, CEO of Marathon Digital, has stated that the proposed tax on crypto-currency mining will push the industry towards offshore jurisdictions.
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