Crypto mining
- MENA News
Kuwait Bans Bitcoin Mining, Citing Power Strain and Legal Violations
Kuwait’s Ministry of Interior has officially banned Bitcoin mining, citing the strain it places on the national power grid and…
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Bhutan Eyes Green Crypto Mining to Boost Economy and Create Jobs
Bhutan is actively exploring the potential of mining eco-friendly cryptocurrencies powered by its abundant hydropower resources, aiming to stimulate its…
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Pakistan Eyes Bitcoin Mining and AI Data Centers to Tap Surplus Power
Pakistan is looking to direct part of its surplus electricity toward powering Bitcoin mining and AI data centers, according to…
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Hut 8 and Trump-Backed American Data Centers Form American Bitcoin, Eyeing Public Listing
Publicly traded bitcoin miner Hut 8 has partnered with American Data Centers—an infrastructure firm backed by Eric Trump and Donald…
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U.S. Authorities Begin Releasing Seized Chinese-Made Crypto Mining Equipment
U.S. authorities have recently begun releasing previously seized Chinese-made cryptocurrency mining equipment, according to two industry executives who spoke with…
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U.S. Bitcoin Miners Struggle as MARA Faces Production Decline
It’s not just Bitcoin’s price that’s taking a hit—Bitcoin mining companies in the U.S. are feeling the pressure as well.…
Read More » - MENA News
UAE Federal Tax Authority Clarifies VAT Treatment for Cryptocurrency Mining
With the rising popularity of cryptocurrencies, the Federal Tax Authority (FTA) of the UAE has clarified the VAT treatment for…
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Bitcoin Miners Raise $3.7 Billion to Bolster Reserves Amid Rising Energy Costs
U.S. Bitcoin miners, including Mara Holdings, Riot Platforms, and CleanSpark, have raised over $3.7 billion since November through zero or…
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Phoenix Group Faces Major Leadership Transition as Bijan Steps Down
Phoenix Group, a pioneering cryptocurrency, blockchain, and Web3 company, and the first home-grown cryptocurrency firm listed on the Abu Dhabi…
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From Power to Profit: How Bitcoin Mining and AI Data Centers Create a New Roadmap for Energy Producers
In the evolving energy landscape, countries with surplus power are rethinking traditional export strategies in favor of new opportunities in…
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