deficit

Vietnam’s Blockchain Industry Faces Shortage of Talent

July 17, 2022 Bitcoin.com

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The booming blockchain sector in Vietnam is having to deal with a serious deficit in specialists, local media revealed. Despite the large number of software engineers in the country, those with blockchain expertise meet less than a fifth of the current demand, with businesses already looking for talent abroad. Fierce Competition for Blockchain Experts Among […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Mining Ban Sparks Negative Reactions From Iran’s Crypto Community

June 27, 2022 Bitcoin.com

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The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months. Restrictions on Crypto Mining Are Ousting Iran From Global Coin Minting Industry, Critics Say After last year crypto miners […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

June 21, 2022 Bitcoin.com

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Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republic’s Ministry of Energy announced. Legal Crypto Miners in Iran to Halt Operations Again Due to Electricity Shortages Authorized crypto mining […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm

May 19, 2022 Bitcoin.com

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Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto Farm, Seizes Mining Hardware Police in Abkhazia have closed down another crypto mining installation in […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

May 14, 2022 Bitcoin.com

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Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues Crackdown on Unlicensed Cryptocurrency Mining Iranian officials have unplugged and […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices

April 15, 2022 Bitcoin.com

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The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners in Kazakhstan to Pay Tax on the Value […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Abkhazia Extends Crypto Mining Ban Till End of Year

April 6, 2022 Bitcoin.com

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Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited in Abkhazia The government of Abkhazia, a breakaway republic in Georgia, has prolonged current restrictions […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims

February 24, 2022 Bitcoin.com

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Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin Miners Start Pulling Machines Out of Kazakhstan Companies, legally operating mining […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms

February 23, 2022 Bitcoin.com

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Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down Unauthorized Crypto Mining Operations Across Kazakhstan Local departments of the Committee for Atomic and Energy Supervision […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst

Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

February 17, 2022 Bitcoin.com

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The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining destination. Crypto Miners Should Have Access to Cheaper Power, Economy Ministry Says Amid […]

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Boston-Based Hedge Fund Accumulates $363,000,000 Million Worth of Bitcoin ETF Shares: Bloomberg Analyst