Risen to Develop up to 300MW of PV for Cryptocurrency Miner
Risen Energy will develop up to 300MW of PV capacity in Spain for a cryptocurrency miner. Cryptosolartech is building two energy-intensive cryptocurrency farms in Malaga. The firm aims to power each of its mining facilities with renewable power to negate an increasing criticism of cryptocurrencies, their carbon footprint. The first phase will see two farms […]
CEO Behind GAW Miners, PayCoin Ponzi Scheme Sentenced to 21 Months in Prison
Homero Joshua Garza, the CEO of the now-defunct U.S. crypto firm GAW Miners, has been sentenced to 21 months in prison for defrauding investors, local news agency Hartford Business reports Thursday, September 13. Garza received the verdict in the Hartford federal court, following his guilty plea to a wire fraud charge related to creating and […]
Vietnam Confirms Suspension of Bitcoin, Cryptocurrency Miner Imports
After months of deliberation, Vietnam has moved to halting imports of cryptocurrency mining equipment according to a customs department in the country. Domestic businesses and individuals have stopped importing crypto mining equipment altogether since the beginning of July, according to the Ho Chi Minh City (HCM) Customs Department, as reported by Viet Nam News on […]