A parliamentary report reveals that crypto mining in Iran consumes up to 1,200 megawatts of power, causing an annual economic burden of $1,5 billion for the national grid.
Marathon Digital Holdings has resumed Bitcoin accumulation, purchasing 1,292 BTC for $98.6 million through the broker FalconX.
Mexican authorities have dismantled an illegal mining operation equipped with 300 units that was stealing power from a federal hydroelectric plant.
Public Bitcoin miners lost out on a market rally after liquidating up to 32,000 BTC to invest over $70 billion into AI and high-performance computing.
Mexican authorities seized 300 crypto mining rigs illegally connected to a hydroelectric dam in the state of Puebla.
Swedish tax authorities are seeking $56.5 million from crypto miners for alleged misuse of data-center tax incentives, triggering corporate restructuring and strategic shifts.
A bitcoin mining facility owned by Athlon Blockchain LLC leaked 11.36 million liters of water in Oklahoma, forcing local schools and government offices to close.
