🗞️Crypto Mining’s New Wave: Ethics, Energy & AI

GM ☕

Leader, welcome back to MinerHunt - Here’s what we’ve got for you today:

🔥 Major Headlines in Crypto Mining

• Malaysia’s Untapped Mining Potential

• Kuwait Slashes Mining Power Losses by 55% In Just 7 Days

• E-Waste Alert: Every Bitcoin Transaction = Two iPhones in the Trash

• AI vs. Bitcoin: The Next Energy Battle?

• Public mining company news

• 😂 Meme of the Week

🌏 Malaysia’s Hidden Crypto Mining Goldmine?

• What happened: ACCESS Blockchain Association just dropped a deep-dive report and it’s a wake-up call.

• Why it matters: Right now, Malaysia has cheap electricity, a growing tech-savvy youth, and solid infrastructure. But without clear regulation, miners either go underground or skip the country entirely.

  ✅ Imagine a world where local data centers legally mine Bitcoin…
  ✅ Where young engineers don’t leave for Singapore or Dubai to work in Web3…
  ✅ And where crypto fits within Islamic finance norms.

  That’s not sci-fi. It’s what a smart regulatory framework could make real.

⚡ Kuwait’s Mining Power Drop: 55% in 7 Days

• Last week in Al-Wafrah, a quiet town in west Kuwait, something wild happened…

  Authorities cracked down on nearly 100 illegal home crypto miners some of whom were secretly pulling 20x more electricity than a normal household.
  

• Why it matters: Exhausted grid, stifling summer heat, and blackouts these miners were draining the grid. The clampdown was abrupt…and effective. Even small-scale mining can overwhelm fragile power systems expect more such showdowns globally.

• This isn’t just a Kuwait problem.
  Across the globe, small-scale and hidden mining farms are quietly becoming a major strain on local power infrastructure.

  
  📍 Example: In parts of rural Kazakhstan and Iran, similar setups have led to rolling blackouts and nationwide bans.

🔁 E-Waste: Two iPhones Per Bitcoin Transaction

Here’s a stat that might surprise you:
Each Bitcoin transaction generates ~272g of electronic waste that’s like tossing two iPhones every time someone sends BTC.

📦 And it adds up...
Globally, Bitcoin mining creates around 30,700 metric tons of e-waste every year.

Why?
Because most mining rigs (ASICs) become obsolete in just 12 to 16 months. Once they’re outdated, they’re often discarded instead of recycled.

💡 Only 22% of global e-waste gets properly recycled. The rest? Landfills, back rooms, or black markets.

⚡ AI vs. Bitcoin: The Next Energy Hog?

By end of 2025, AI could consume more electricity than Bitcoin mining, says researcher Alex de Vries-Gao (Digiconomist).

• AI already eats up 20% of data center power

• Could hit 23 GW — close to UK’s entire usage

• TSMC’s AI chip output doubled in one year

• Like Bitcoin, AI is now triggering new gas and nuclear plants in the U.S.

⚠️ Big tech's "bigger model = better model" mindset is burning power fast — and transparency is still missing.

🤯 Did You Know?

🤖 By end of 2025, AI could consume 23 GW, overtaking Bitcoin and matching the UK’s national electricity use.

🏢 The Mine Line: What Public Miners Did This Week

1. American Bitcoin – Trump backed miner merging with Gryphon Digital; aims Nasdaq debut as "ABTC" in Q3 2025. 98% equity stays with current holders.

2. MARA – Set a new record in May with 282 BTC blocks mined (+38% vs April); total holdings crossed 49,000 BTC. Focus remains on energy efficiency using biogas and renewables.

3. CleanSpark – Boosted BTC production by 9% in May and increased hashrate + power capacity, staying competitive despite market pressure.

4. Riot - Hashrate rose 6.6% MoM (~32.8 EH/s); BTC production largely sold.

5. Cango – Formerly a non-mining firm, Cango mined 954.5 BTC (~$100M) over April–May after pivoting to Bitcoin mining full-time.

😂 Meme of the Week

Source: @BitcoinMemeHub

Source: @Rothmus

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Stay curious, leaders!

PS. If you missed yesterday’s issue, you can find it here.