Plattsburgh Temporarily Halts Bitcoin Mining As It Raises Electricity Costs

But because of bitcoin mining, it has already exceeded the allotted amount of hydropower in December and January, reported Bloomberg, citing a local newspaper. Some residents have complained that their electricity bills have increased by as much as $ 300, noted the report. The city council said it …
Google Alert – bitcoin

Ukraine to Legalize Crypto Mining as Economic Activity (

The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities.
Also read: Ukraine’s Financial Watchdog Clarifies Stance on


Large Mining Farm Discovered in Abandoned Russian Factory (

A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment.   
Also read: Bitmain Opens Repair Center in Russia


Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32%

Marathon Patent Group, Inc. (Nasdaq:MARA), today announced that it has commenced bitcoin mining at a new facility in Quebec, Canada. Investors seems to greatly approve of this development as the stock is up 32% as of the time of writing a couple of hours after market open. Marathon revealed that it …
Google Alert – bitcoin