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TSE Sponsored:Global Crypto Mining News (Jun 20 to Jun 26)

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1. Guizhou Provincial Development and Reform Commission issued on June 20 "Provincial Development and Reform Commission on virtual currency "mining" electricity price difference policy notice (Qian Development and Reform Price [2022] No. 462)": virtual currency "mining" project into the scope of the implementation of the price difference policy, the implementation of the "elimination" enterprise tariff, such projects increase the price standard to 2 yuan per kilowatt hour. 2. Bitfarms adjusted its HODL strategy to improve liquidity and strengthen its balance sheet. Over the past week, Bitfarms has sold a total of 3,000 BTC for approximately US$62 million and closed on its previously announced US$37 million in new equipment financing with NYDIG. As of June 20, 2022, Bitfarms held cash of US$42 million and 3,349 BTC valued at approximately US$67 million at a BTC price of US$20,000. Read more 3. Iris Energy's June 21 filing with the SEC shows a...