Mining

Mining

Bitcoin Miner Mawson Fires CEO Amid Fraud Allegations

Nasdaq-listed bitcoin mining company Mawson Infrastructure Group Inc. has reportedly fired its CEO Rahul Mevawalla amid allegations of fraud and breach of fiduciary duty. The lawsuit was filed in Delaware Chancery Court and the charges range from alleged fraud to unethical…

Minimum Bitcoin transaction fee reduced by 90%

Bitcoin transaction fees have been reduced by 90%. This information comes amid debates about what purposes the asset is most suitable for. Some people believe that it is best suited for everyday payments, while others continue to firmly believe that it…

Russian government prepares tougher rules for miners

Russia is preparing to introduce new restrictions on cryptocurrency miners, including tougher penalties for violating existing bans and illegal mining operations. One of the proposed solutions would allow authorities to remotely disconnect cryptocurrency mining facilities from the power grid during periods…