According to TASS, in 2024, experts from the Rosseti North Caucasus branch, together with law enforcement agencies, prevented six cases of electricity theft by Mining Farms. The total amount of stolen energy was nearly 3.5 million kilowatt hours. In terms of the losses caused by the regional power grid complex, the losses exceeded 30 million rubles. (TASS)

The Golden Finance reported that the Abu Dhabi Agriculture and Food Safety Authority in the United Arab Emirates has informed farmers that farms cannot be used as mining sites for cryptocurrencies. The government agency stated that this activity is considered a misuse of farms for purposes beyond their intended use. In addition, those who violate this regulation will face a maximum penalty of 10,000 UAE dirhams (approximately $2,722).

Golden Ten Data reported on April 29 that Wen's shares recently said in an investor survey that the company's single pig basically achieved breakeven in March. Nine of the company's 16 regional pig farming units are profitable. In the future, the pig industry may be generally in a weak balance and low profitability. Based on the company's current production capacity, future slaughter planning, current market conditions and judgment of future market conditions, the company has determined that the fixed asset investment plan in 2024 will be 2 billion yuan to 3 billion yuan, mainly investing in the upgrading and transformation of some breeding pig farms, pig breeding communities, broiler production capacity and other projects. In the future, the company will also consider expanding the business volume of laying hens, white feather broilers and other industries.

Coin Network reports: Police in Novosibirsk, Russia, successfully destroyed a huge network of underground crypto mining farms, resulting in the arrest of an important operator. The 35-year-old resident is accused of stealing electricity worth about 190 million rubles. The investigation revealed that he worked with an employee of a regional power company who facilitated the illegal connection of high-voltage power lines. With the support of Rosg_diya forces, the authorities seized about 5,000 mining installations. Legal proceedings are ongoing, and those involved will face charges of serious damage to energy infrastructure and other related crimes. While the main suspect has been detained, his accomplices have been released on a signed margin pending further investigation.

coin Circle.com reports: Marathon Digital announced that it has increased its 2024 Bitcoin Mining hashrate target from 35-37 EB to 50 EH/s due to the capacity expansion of the recent acquisition. Chief executive officer Fred Thiel said the target was fully financed and no additional capital was required. That's because Marathon has made a number of recent acquisitions, including a 200-megawatt Bitcoin mining hub for $87.3 million and two other mining farms (totaling 390 megawatts) for $179 million in December. If the 50 EH/s target is achieved, the hashrate rate of the marathon will increase by more than 100% since the beginning of 2024.

Coin Network reports: Lake Baikal in the Irkutsk region of Russia is beautiful, but an unauthorized encryption mining operation was recently discovered. The operation consumed about 1 million k watt hours of electricity, and Miners even installed a private substation in an incomplete local building. The incident revealed the region's problems with low electricity prices attracting grey miners and large-scale industrial operations, leading to energy shortages and the title of unofficial mining capital. Authorities will seek compensation for stolen electricity, highlighting the challenges of regulating crypto mining in energy-rich regions.

On April 20, local time, the World Health Organization held a press conference. At the meeting, WHO influenza experts briefed on the recent outbreak of avian influenza A(H5N1) in the United States. Experts say that the United States has recently detected infection with the avian influenza A(H5N1) virus in bull groups in long states. On April 1, the state of Texas reported that a dairy bull worker was confirmed to be infected with the avian influenza A(H5N1) virus, which is the first case of human mammalian transmission of highly pathogenic avian influenza virus in the United States. Currently, WHO and its partners are conducting a risk assessment of the outbreak, while calling on countries to remain vigilant and strengthen biosecurity measures on livestock farms.

If Paraguay's lawmakers pass the recently proposed bill banning cryptocurrency mining, the country's economy could lose more than $200 million a year. It is reported that Paraguayan parliamentarians recently submitted a bill to impose a ban on Bitcoin mining and other businesses for at least 180 days. According to Jaran Mellerud, co-founder and chief mining strategist at Hashlabs Mining, a ban on bitcoin mining could cost Paraguay more than $200 million a year, assuming the country has 500 megawatts of legal miners' equipment and $0.05 per kilowatt-hour of operation. （Cointelegraph） Previously, several Paraguayan parliamentarians introduced a bill to try to temporarily ban the country's cryptocurrency mining business because it uses a lot of electricity resources. The bill, which was tabled in Congress on April 3, proposes a 180-day ban on the operation and deployment of cryptocurrency mining farms, as well as other businesses involving cryptocurrency assets. This ban may be extended until a law regulating these activities is enacted.

PANews reported on April 5 that, according to IB Times, Paraguay's power grid has been under severe pressure and on the verge of collapse due to hot weather and some crypto miners suspected of "undeclared" use of energy. In response to this crisis, a group of Paraguayan senators this week introduced a new bill proposing a temporary ban on the creation, preservation, storage and trading of virtual or crypto assets and cryptocurrencies in Paraguay, as well as the installation of cryptocurrency mining farms. Violators will be sanctioned by the relevant regulations of the Central Bank of Paraguay and the country's financial system, and may face other administrative sanctions. A Paraguayan government spokesman pointed to fires and undeclared electricity use in crypto mining activities as the main causes of power outages across the country, and the power grid has been overwhelmed. However, the move has raised concerns among local experts and analysts, who believe that the ban could hinder industry innovation and make Paraguay miss out on blockchain and cryptocurrency, a fast-growing global industry opportunity. Since February of this year, there have been multiple incidents of power outages related to crypto miners in the Artoparaná region of Paraguay, causing huge economic losses. Last month, the Paraguayan government also seized a large number of "cryptocurrency processors" at a cryptocurrency mining facility, showing the severe impact of crypto mining activities on the supply of electricity.

Odaily Planet Daily News Chain Analyst AI Aunt Monitoring, Nansen founder Alex Svanevik bought 60,000 ZEN with 3 ETH 20 minutes ago, with an average cost of $0.18. This is Alex's first purchase of this token. It is reported that $ZEN is the project token of automated airdrop tool Zenith Farms, which will officially start trading on March 8th.

Marathon Digital has agreed to pay Hut 8 a $13.5 million termination fee to take full control of its recently acquired BitcoinMining Farm in Granbury, Texas and Kearney, Nebraska. Marathon intends to replace the mining company as the operator of these mining farms by April 30, while Hut 8 continues to provide management services and conduct self-mining activities. （TheBlock）

PANews News on January 29, according to Blockworks, Bitcoin miner Hut 8 announced that its chief commercial officer Matt Prusak will leave on January 31 to take over the mining company that is getting rid of Celsius Rekt. The move had previously been disclosed in regulatory filings related to Rekt. Hut 8 said in a press release that the company will provide "end-to-end management services" for five mining farms owned by Celsius in Texas, with Prusak as chief executive officer. The four-year agreement promises Hut 8 to pay $20 million a year in management fees "in addition to the new company's restricted stock and incentive equity."

Odaily Hut 8 announced that Chief Commercial Officer Matt Prusak will leave on January 31 to take over five of Celsius' Texas mining farms and provide "end-to-end management services," with Matt Prusak serving as CEO of the associated mining farms. It is reported that Hut 8 has signed a four-year agreement with Celsius promising that "in addition to the restricted stock and incentive equity of the new company", Hut 8 will pay $20 million in annual management fees, and it is reported that Celsius invested hundreds of millions of dollars to build mining equipment before rekt, and its Texas mining farm has 12 exahash (EH/s) of mining capacity.

PANews reported on January 5 that North American miner Hut 8 Corp. announced its December 2023 operational update, including the purchase of a 63-megawatt substation in Culberson County, Texas to support short-term growth selectivity and improve the operational efficiency of Canadian mining farms. Hut 8 mined 453 BTC in December and 390 in November. At the end of December, Hut 8 had a total of 9,195 BTC on its balance sheet.

PANews reported on November 16 that according to Bloomberg, Tether Holdings Ltd. is taking steps to become one of the world's largest bitcoin miners. Tether's outgoing CEO, Paolo Ardoino, said in an interview that the company plans to spend about $500 million over the next six months by building its own mining facilities and taking stakes in other companies. The investment includes part of a $610 million credit facility offered by Tether this month to publicly traded bitcoin mining company Northern Data AG, which acquired shares in September. "We are committed to being part of the Bitcoin mining ecosystem and are very focused on expansion, construction of new substations and new sites," Ardoino said. Ardoino also revealed that Tether is building bitcoin mining farms in Uruguay, Paraguay and El Salvador, each with a capacity of between 40 and 70 megawatts, with the goal of increasing the share of total computing power running the Bitcoin network to 1%, but declined to specify a timeline to achieve that goal. Tether expects its direct mining operations to generate 120 MW by the end of 2023 and 450 MW by the end of 2025. The company has allocated about $150 million for mining opportunities in which Tether is directly involved, some of which are still being deployed in new locations. Ardoino also said that Tether is currently evaluating a potential site with a capacity of 300 megawatts, and its mining operations are already profitable due to the increase in the price of Bitcoin. The company also built the equipment inside large shipping containers so that they could be quickly moved to new locations once electricity became cheaper elsewhere. "For us, mining is something that requires constant learning and growth," Ardoino said. We are in no hurry to become the world's largest miner. ”

Korea Telecom Corp. (KT) said on Sunday it would work with Thai telecom giant Jasmine Group to develop an artificial intelligence language model specifically for the Thai language and jointly launch related services in Southeast Asia, according to the Korea Herald. Under this broad partnership, KT will share its technical knowledge based on its own hyperscale AI service, Mi:dm, while Jasmine will build GPU farms for the new service, a suite of servers for computer processing. KT's Mi:dm, a native language model specifically for Korean, will be officially unveiled later this month.

According to recent local media reports, Su Zhu’s US$36 million luxury real estate on Singapore’s upscale Yarwood Avenue has been renamed “Yarwood Homes” and will be operated by Abundant Cities, a company co-founded by his wife Evelyn Tao, Golden Finance reported. . Through ecological design and agroecology, the company transforms mansion gardens into mini-farms that produce vegetables, herbs, fruits, fish and poultry. In addition, the lawns in front of the bungalows were transformed into 36 vegetable gardens, growing okra, spinach, beans, kale, sesame seeds and radishes. As for the swimming pool, it is now a natural pond with water plants, streams, and various fish and shrimps. The farm hosts a variety of on-site private parties.

According to PANews on August 16, Paolo Ardoino, chief technology officer of Tether, shared more information about the company's bitcoin mining software Moria on Twitter yesterday. "While there are tons of cloud-based bitcoin mining trackers out there, nothing I've seen so far is really customizable and lacks deep orchestration capabilities that analyze real-time, tick-by-tick data to optimize output," Ardoino said. Moria is building a scalable architecture based on the Web3 development platform Holepunch, which can be precisely customized to collect, aggregate, and analyze data from different types of devices (that is, artificial intelligence prediction models, etc.) to collect the best possible intelligence to optimize Bitcoin mining. Once Bitcoin mining is fully implemented, the software will split and coordinate energy production. There are also solar panels, wind farms, etc., which can provide a lot of information. Using Holepunch's P2P data structure and streaming technology will allow Moria to even Scale to tens of millions of devices, enabling dynamic grouping and orchestration. Moria currently contains more than 30 modules/microservices and is still growing.” Prior to the news on August 6, Tether launched bitcoin mining software to strengthen the effective management of mining capabilities.

According to news from PANews on August 6, Kyrgyz President Zaparov accepted an exclusive interview with the Kabar National News Agency and answered questions about the country’s construction of a “mining farm” at a hydropower station, which uses hydropower to produce virtual currency. Confirmation that cryptocurrency mining activities are allowed in areas where the generation capacity allows, so that the electricity sector can generate revenue. If there is a power shortage in winter, the operations of these "mining farms" will be suspended for the remaining nine months. The President of Kyrgyzstan stated that encryption mining can generate millions of dollars in taxes. Kemin's "mining farm" transferred 480 million soms to the power sector in six months and paid 225 million soms in taxes. All these funds are used to meet the needs of the country and its people. Kemin’s “mining” company is registered with the local tax authority and pays taxes to the local budget, contributing to the development of the region. Even if there is a shortage of electricity in winter, Kyrgyzstan imports the missing electricity from other countries at a price of 3 soms, sells electricity to "mining farms" at a price of 5.04 soms, and obtains a net profit of 2.04 soms, plus tax, the country Only benefit, not loss. President Sadyr Japarov of Kyrgyzstan has agreed to build a cryptocurrency mining farm at a hydroelectric power plant, Kyrgyz state news agency Kabar previously reported. The Kyrgyz government plans to spend $20 million to build a cryptocurrency mining facility at the Kambar-Ata-2 hydroelectric power plant. President Sadyr Japarov has pledged to distribute the funds from cryptocurrency mining at the hydroelectric plant to “common people.” The president said that operating crypto mining farms will allow the government to avoid energy losses associated with power plants not using electricity.