Bitcoin mining company ‘fines’ for using coal

The mining company that produces Bitcoin’s most widely used cryptocurrency, Bitcoin, has been fined $2,000 for using a coal mining operation in Australia’s Murray-Darling Basin.

Coal mining, a source of mining in the Murray-darling Basin (MDB), is one of the largest industrial sites in the world, accounting for about two thirds of the world’s coal supply.

The company, Bitmain, was fined $7.5m in 2015 for using the Murray Darling mine, which was owned by the Murray Group, a company owned by billionaire Tony Nuttall.

The company said in a statement that it was sorry to have caused any inconvenience to its customers, customers of its Australian operations, and to our Australian suppliers.

“We are committed to being a good and responsible company,” the statement read.

“Our employees are working in harmony with their suppliers and our operations are being conducted in accordance with Australian and international environmental and health standards.”

In the statement, Bitminer said it “strongly rejects” the allegation.

“In fact, we take this issue very seriously and will investigate this matter thoroughly to see if any breaches have occurred,” it said.

“This matter is a matter for the Australian Competition and Consumer Commission, and we take full responsibility for the conduct of our Australian employees and contractors.”

A spokesman for the ACCC said the agency would not comment on pending cases.

In a separate case, BitMiner said its Australian subsidiary had not violated the Mining Act by using the MDB coal mine.

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