Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial disruptions. A bounty program has been launched to encourage citizens to report illegal mining operations. Iran […]
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Core Scientific and TeraWulf: profits without the cash
Core Scientific and TeraWulf reported nearly $1.9 billion of combined third-quarter profit as they shifted from Bitcoin mining toward data-center...






