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Is Central Asia the New Safe Haven for Crypto Mining Amid Iran-US Crisis?

Analysis Recently, the cryptocurrency mining community has been shaken with rumors of Chinese miners leaving Iran — where crypto mining is authorized as an industrial activity — for Central Asia. The move has ostensibly been taken in an attempt to find a new safe haven amid the tensions between th..

Blockchain Firm BitFury Partners With UN on Forest Project in Kazakhstan

News Blockchain development firm Bitfury is set to partner with the United Nations Development Programme (UNDP) on a project to conserve and increase Kazakhstan’s forestland. As the Astana Times reported on Jan. 14, the project aims to help the country to reduce its greenhouse gas emissions by 15%..

Power Ledger Integrates Blockchain-Based Energy Auditing in Solar Power Asset

News Australia-based blockchain energy firm Power Ledger has purchased a 250 kilowatt (kW) photovoltaic system that will utilize a blockchain-based data management and settlement system. Per a press release shared with Cointelegraph on Jan. 13, Power Ledger purchased the system from Perdaman Advan..

SBI, GMO Reportedly Sign Deal with Operator of World’s Largest Bitcoin Mining Site

News The operator of what is set to become the world’s largest Bitcoin (BTC) mining facility has reportedly signed a deal with Japanese financial services giant SBI and internet provider GMO. A Jan. 7 BNN Bloomberg report claims that the two Japanese mega-firms have agreed in principle to process ..

Researchers Explain How Blockchain Can Innovate Green Energy Markets

News Researchers at Ireland’s Economic and Social Research Institute (ESRI) have proposed that using a blockchain-based “forward trading system” can provide a more effective incentive for the smart management of renewable energy consumption. In a working paper published on Dec. 20, Mel T. Devine, ..

SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding

News United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan. Founded in 2017, BitOoda positions itself as a digital asset financial services platform that combines digital finance and applied scie..

Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines

News Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power, local news outlet CCTV reported on Dec. 22. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well..

Blockchain Pilot Makes Waves in Russia’s Energy Sector

Follow up Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is looking to automate and make transactions between ..

Government of Abkhazia to Intensify Identification of Crypto Mining Farms

News Abkhazia, an autonomous region in northwest Georgia, is planning to intensify the works on the identification of cryptocurrency mining farms in the region. According to a news release published on the Cabinet of Ministers’ website on Dec. 12, Prime Minister of Abkhazia Valeri Bganba held a me..

From Health Care to Mining, Central Asia Stays on the Blockchain Beat

Crypto Map Cryptocurrency and blockchain technology continues to be a global phenomenon, with adoption and utilization cases emerging in almost every corner of the globe. Digital technology has become so popular that it is now a major talking point not only in the financial sector but also in poli..

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