Bitcoin Mining Hotspot Iran Drafts Electricity Tariffs for Crypto Miners

2019-7-22 15:32

The government of Iran has opted to introduce specific electricity prices for cryptocurrency mining. The west Asian country, which has had a complicated relationship with cryptocurrency in the past, plans to set prices around the same tariffs that are used for exporting electricity.

The government’s energy ministry deputy for power and electricity, Homayoon Ha’eri, announced […]

The post Bitcoin Mining Hotspot Iran Drafts Electricity Tariffs for Crypto Miners appeared first on CCN Markets

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electricity mining → Результатов: 126


Фото:

No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’

A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be “the world’s largest cryptocurrency mining center and global exchange.

2018-11-26 14:00


Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible?

There has been news going around that major mining rigs in China have shut down as a result of reduced profitability due to reduced hash rate. According to the information, many miners say they have been mining at a loss for months but can no longer afford to continue because of increased electricity tariffs due […] The post Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible? appeared first on ZyCrypto.

2018-11-21 23:26


Chinese Bitcoin Mining Centers Fear Electricity Cuts as Compliance Issues Loom

Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants where such currencies are mined. The Yingjiang Administration Bureau for Industry and Commerce, which enforces enterprises and consumer protection laws, issued a notification to the Bitcoin mining facilities operating in China’s Yunnan province.

2018-11-13 13:00


Mining Report Says EOS Blockchain Requires Much Less Electricity in Comparison to Bitcoin or ETH

There are indeed a growing number of positive aspects with EOS, but a newly discovered quality could make it much favorable among cryptocurrency enthusiasts. For example, it has been found that EOS consumes a less amount of power compared to the sheer consumption witnessed with Bitcoin in the creation of virtual coinage. Calculations performed by […]

2018-10-31 03:22


Фото:

How Bitcoin Mining Can Help Nuclear Reactors

Generating electricity closer to full capacity and at a constant rate is the most economical, technically simple and safe mode of operation at nuclear power plants, according to NEA. Bitcoin mining can help by utilizing the excess energy reactors can generate outside peak seasons and hours of consumption, reducing the stress from powering up and […] The post How Bitcoin Mining Can Help Nuclear Reactors appeared first on Bitcoin News.

2018-10-17 03:20


Google mocks miners, says cryptocurrency ‘isn’t real money’

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


Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down

Man Steals $15,000 Of Electricity For Bitcoin (BTC) Mining Despite the stringent rules placed on China’s crypto scene, the Bitcoin and altcoin mining business remains as hot as ever. So hot, in fact, that a Chinese man, named Xu Xinghu, thought it would be a good idea to steal electricity from the nation’s train network […] The post Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down appeared first on Ethereum World News.

2018-10-8 23:00


Майнер из Китая сядет в тюрьму на 3,5 года за кражу электричества

Майнера из Китая уличили в краже электричества, стоимостью в $15 000. Суд приговорил его к тюремному заключению на 3,5 года. Chinese guy sentenced to 3. 5 yrs in prison and pay ~$14. 5K in fines for stealing ~$15K worth of electricity to mine 3.

2018-10-8 18:03