China’s Bitcoin Mining Province, Sichuan, Advised to Leverage its Hydro Energy to Remain Attractive

2019-10-29 21:54

The Province of Sichuan in China has been a booming crypto mining hub with most of the world’s Bitcoin being mined within its environs. This has attracted sentiments from its local leaders like the former V.

C of China’s Securities Regulatory Commission, Yang Jiang, who thinks they ought to continue using the hydro energy available in […]. origin »

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china hydro energy mining bitcoin sichuan province

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Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining

Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations. The post Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining appeared first on Bitcoin Magazine.

2019-9-6 00:21
bitcoin flooding mining power disrupts major chinese

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China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.

2019-5-30 12:00
bitcoin authorities mining may farms local constructed

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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.

2019-4-17 20:52	Mining
bitcoin power labrador miners energy province rates

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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada

When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.

2018-12-22 21:41	Mining
bitcoin mining energy power canada hydro new

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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry

The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state.

2018-8-28 19:11	Mining
mining montana bitcoin state energy power coal

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Cryptomining Applications Suspended in Quebec

Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.

2018-6-11 03:08	Mining

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