crypto mining
Coverage of crypto mining in the Nexus archive.
- Russian decree bans crypto mining across Moscow region through 2032
A Russian decree has banned cryptocurrency mining in the Moscow region until 2032. Regional energy officials cited that mining consumes 1 gigawatt of power and could contribute to future electricity shortages.
- Kazakhstan approves strategic crypto mining rules tied to national reserve
Kazakhstan has approved new rules requiring cryptocurrency miners to adhere to strict infrastructure standards and to transfer a portion of their mined assets to a state-backed national reserve.
- Anthropic signs lease for TeraWulf data center in Kentucky
Anthropic has signed a lease for a data center operated by TeraWulf in Kentucky. TeraWulf, originally a crypto mining company, has transitioned to AI data center infrastructure, and its stock has risen more than 80% this year.
- Crypto Industry Urges Congress to Pass Tax Bill—But Will It Happen This Year?
The crypto industry is urging Congress to pass a tax bill aimed at making crypto mining and staking more attractive. House Democrats have expressed concerns about this legislation.
- Uzbekistan creates state-backed crypto mining zone with tax breaks
Uzbekistan has established a state-backed crypto mining zone in Karakalpakstan, offering tax incentives to attract investment. The zone allows foreign sales but mandates that all proceeds be deposited into local bank accounts to ensure economic benefits remain within the region.