2022-7-8 12:10 |
The crypto miner recorded gains in production in June, but higher electricity costs and falling bitcoin prices narrowed its margins. origin »
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According to recent data, the cryptocurrency sector outputs near 150 TWh of electricity annually, a figure higher than countries such as Poland, Norway, Egypt or Sweden.
2021-11-3 15:45 | |
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With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.
2020-11-14 03:00 | |
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A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs.
2020-5-10 06:00 | |
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Recently, it was reported that Bitcoin mining now consumes as much as a quarter percent of the entire world’s electricity supply, putting it on par or higher than many small nations. However, the actual emissions and impact on climate change, according to a new study, aren’t as negative as once believed.
2019-11-20 22:00 | |
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Crypto miners in Iran are about to face a very rough time. They could get considerably higher electricity bills in case the current Energy Minister of the country goes forward on his latest idea: to stop charging lower electricity to these companies.
2019-6-11 02:44 | |
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Crypnode is an innovative company that provides its customers with the opportunity to benefit from the masternode model without the complexities that are involved with masternodes. Compared to the traditional cryptocurrency mining, masternodes have numerous benefits such as reduced electricity costs, higher returns, and infinite growth possibilities.
2019-3-2 22:47 | |
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The cybercrime unit of the Turkish police has detained 11 people suspected of hacking into emails, user accounts and cryptocurrency wallets. The operation was launched after law enforcement received a number of complaints from victims who lost digital cash.
2018-11-4 06:55 | |
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A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing legislation. Church Forced to Pay Higher Electricity Tariff An Evangelical Church in Irkutsk, Russia, which carried out illegal Bitcoin mining, has been asked to pay a one million rubles fine, equivalent to $15,000.
2018-10-16 20:50 | |
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The Financial Crimes Enforcement Network has warned U. S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country.
2018-10-15 15:35 | |
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The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises.
2018-10-15 01:35 | |
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Bitcoin mining in 2018 hasn’t been as profitable as in 2017 despite an increase in overall revenue. With the network hashrate continuing to increase astronomically, miners now pay higher electricity tariffs severely affecting their bottom-lines.
2018-10-9 00:52 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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a16z refocuses on US crypto opportunities post-Trump's re-election, scaling back UK operations amid pro-crypto executive orders. The post a16z cuts UK crypto plans as it shifts focus to Trump-era US opportunities appeared first on Crypto Briefing.
MEXC, the world’s leading cryptocurrency trading platform, announced the launch of the Jambo (J), an innovative on-chain mobile network project. The launch will be accompanied by Airdrop+ rewards of 28,000 J, 5,000 MX and 50,000 USDT.
Coinbase reintroduces Bitcoin-backed loans via Morpho integration, allowing USDC borrowing without selling Bitcoin. The post Coinbase brings back Bitcoin-backed loans with Morpho’s DeFi integration appeared first on Crypto Briefing.
eToro's IPO could enhance its market presence and investor reach, potentially influencing the broader fintech and crypto sectors' growth. The post eToro confidentially files for US IPO with Goldman Sachs’ support appeared first on Crypto Briefing.
Italy's largest bank, Intesa Sanpaolo, buys $1M in Bitcoin, marking its first spot purchase amid growing institutional crypto adoption. The post Italy’s largest bank steps into Bitcoin with $1M purchase appeared first on Crypto Briefing.
TON Foundation's US expansion could accelerate crypto innovation and influence regulatory landscapes amid anticipated policy shifts. The post TON Foundation targets US expansion under Trump appeared first on Crypto Briefing.
Tether relocates to El Salvador, securing a DASP license to champion Bitcoin adoption and financial inclusion in emerging markets. The post Tether moves headquarters to El Salvador following DASP license approval appeared first on Crypto Briefing.