2021-4-29 10:43 |
Bitcoin’s electricity bill has been attracting the attention of regulators worldwide.
Similar to Notcoin - Blum - Airdrops In 2024
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The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review.
2021-3-5 11:30 | |
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Bill Gates argues that Bitcoin is bad for climate due to its electricity consumption
2021-2-25 09:31 | |
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Crypto payments network Electroneum is expanding its utility bill and mobile phone airtime top-up coverage to more countries in Africa.
2021-1-9 12:07 | |
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Russia’s national power grid company Rosseti is testing a system for electricity bill payments based on a distributed ledger by Waves.
2019-12-11 23:57 | |
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A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.
2019-9-30 15:00 | |
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Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019.
2019-8-9 17:00 | |
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A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills.
2019-8-6 14:15 | |
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Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries.
2019-1-2 12:35 | |
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No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Low Cost Electricity […]
2018-12-14 00:17 | |
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As if it hadn’t already given cryptocurrency enthusiasts enough reasons to hate it, Google has now taken a dig at the usefulness of cryptocurrencies. In a recent advertisement for its call screening service, the search engine giant mocked cryptocurrency’s high electricity consumption – and then went on to say that “it is not real money.
2018-10-10 16:19 | |
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Chinese Miner Arrested After Stealing Electricity To Mine BTC Everybody wants the profit but not everybody wants to pay their electricity bills, right? Unfortunately, unless you are a certain Chinese man, you cannot get electricity for free and, even in his case, he ended up being arrested. The protagonist of this odd story is Xu […]
2018-10-8 22:10 | |
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I’ve heard some pretty innovative ways to avoid the electricity bill while mining cryptocurrency, but this is a new one. A Chinese man has been stealing electricity from a local railway network operator in order to power his Bitcoin mining rigs.
2018-10-8 15:45 | |
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Chinese police, recently, seized over 200 computers used to mine the digital currencies Bitcoin and Ethereum after a miner tried to defraud an electricity company over his power bills. The Xinhua News reported that the man stole 150,000kW hours of electricity in just one month.
2018-6-26 22:32 | |
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Deutsche Telekom’s MMS and Bankhaus Metzler are piloting Bitcoin mining to tap surplus renewable energy and stabilize Germany’s grid. Deutsche Telekom subsidiary MMS and Bankhaus Metzler, Germany‘s second oldest bank, have launched a pilot project to explore the use of…
Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have unintended environmental consequences that could increase carbon emissions by up to 2.
The market capitalization of MicroStrategy, the prominent Bitcoin-focused investment firm, has now exceeded that of Coinbase, the largest crypto exchange in the US. According to data from Yahoo Finance, MicroStrategy (MSTR) is currently valued at over $50 billion, surpassing Coinbase (COIN), which stands at approximately $46.
Russia to temporarily ban crypto mining in select regions over electricity deficits, while still promoting crypto for cross-border payments. The post Russia to Temporarily Halt Crypto Mining in Certain Areas, Cites Electrical Grid Concerns appeared first on BeInCrypto.
A lawsuit against Bitcoin miner Northern Data was dismissed after ex-employees retracted key allegations, acknowledging potential misstatements in their claims. Bitcoin (BTC) miner Northern Data saw a lawsuit from two former executives dismissed after they retracted allegations of wrongful termination…
H. C. Wainwright & Co. has released its latest update on Bitcoin mining, showing a mixed third quarter for miners affected by broader market uncertainties and the upcoming April 2024 Bitcoin halving.
The Kingdom of Bhutan has moved Bitcoin to a centralized crypto exchange for the first time since July 1. Arkham data confirmed that Bhutan’s government sent 929 Bitcoin (BTC), worth over $66 million, on Oct. 29 to a Binance deposit…
