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US school employee charged for mining crypto with stolen electricity
A former facilities worker in the US state of Massachusetts is accused of stealing nearly $18,000 in electricity to power his crypto mining operation in a school's crawl space. дальше »
2023-2-25 16:15 | |
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Canada’s western province, BC, will block new cryptocurrency miners
British Columbia, Canada, will deny electricity to new crypto mining firms, according to a press release published by the provincial government on December 21. The post Canada’s western province, BC, will block new cryptocurrency miners appeared first on CryptoSlate. дальше »
2022-12-22 06:00 | |
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Why are Bitcoin miners struggling so much? Core Scientific file for bankruptcy
Key Takeaways Core Scientific was worth over $4 billion last summer, but is down 985 form all-time highs Rising electricity costs are hiking costs with falling Bitcoin prices hurting revenue With hash rate near all-time highs, the entire mining industry is struggling The crypto winter continues to take victims. дальше »
2022-12-21 15:58 | |
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Paraguay Crypto Bill Axed by Lawmakers, Cheap Bitcoin Mining Prospects Disappear
A Paraguay crypto bill focused on taxation and crypto mining has been tabled by lawmakers. The bill would have established electricity cost caps for mining. The post Paraguay Crypto Bill Axed by Lawmakers, Cheap Bitcoin Mining Prospects Disappear appeared first on BeInCrypto. дальше »
2022-12-7 08:47 | |
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European Union’s Action Plan on Digital Energy Might Affect Crypto Mining
The European Commission (EU) action plan seeks to curb electricity use for crypto mining among member states. дальше »
2022-10-19 15:30 | |
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Norway Minister Proposes Scrapping Reduced Tax Policy For Minors
Cryptocurrency mining surf a large quantity of electricity. And since the crypto industry saw widespread adoption in recent years, it scaled up mining activities likewise, which caused electricity shortages in some countries like Iran and Kosovo. дальше »
2022-10-7 02:59 | |
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White House Pushes For Net-Zero Carbon Emission In Latest Crypto Report
Recently, the White House released a report that details how crypto mining and other technologies contribute directly to pollution, greenhouse gas effect, noise, and other hazardous environmental effects that get in the way of federal agency’s initiatives to attain a net-zero carbon emission that is in adherence to U. дальше »
2022-9-10 20:05 | |
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What Would Be The Ethereum Merge Impact On Cryptocurrency Miners
Miners of both Bitcoin and Ethereum are still thriving regardless of the crypto winter. The revenue generated by Ethereum miners surpasses that of Bitcoin miners, according to the 2022 record. The growth of the miners is quite surprising given the increase in the cost of electricity. дальше »
2022-8-7 12:30 | |
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United States Crypto Miners Are Now Using as Much Power as Houston
Powers Combined Even if the crypto market isn't exactly growing in terms of profit, miners it are certainly increasing their energy consumption. The New York Times reported this week that just seven of the biggest Bitcoin mining companies are now using nearly as much electricity as all the homes in Houston combined, meaning that all crypto mining […] дальше »
2022-7-20 17:54 | |
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Crypto downturn sees electricity consumption on Ethereum plunge by 50%
Electricity consumption on some of the biggest crypto networks dropped by as much as 50%, as depressed token prices forced miners to shut shop, according to the Guardian. The post Crypto downturn sees electricity consumption on Ethereum plunge by 50% appeared first on CryptoSlate. дальше »
2022-6-24 22:30 | |
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Crypto Miners in Iran to Face Blackout as Mining Becomes Unprofitable
Authorities in Iran have announced that crypto miners operating in the country would have their access to electricity cut off by June 22. The post Crypto Miners in Iran to Face Blackout as Mining Becomes Unprofitable appeared first on BeInCrypto. дальше »
2022-6-20 05:50 | |
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Here’s how blockchains are helping to advance the global energy grid
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector. дальше »
2022-6-11 00:30 | |
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Former Soviet Republic Is Primed For Crypto Mining, Despite Its Burgeoning Power Deficit
Georgia’s crypto mining economy has evolved into a global leader in recent years, largely because of low taxes and affordable electricity rates, as well as a libertarian regulatory environment. дальше »
2022-2-23 08:12 | |
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New tax proposal in Kazakhstan could push crypto miners out
Kazakhstan may soon prove to be a hostile location for crypto miners as the Asian country’s government has proposed a hike in its electricity tariff and taxes for crypto miners. The post New tax proposal in Kazakhstan could push crypto miners out appeared first on CryptoSlate. дальше »
2022-2-9 00:00 | |
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Kazakhstan Authorities Propose 400% Increase In Tax On Crypto Miners
Kazakhstan’s Head of State Kassym-Jomart Tokayev has ordered an increase in taxes on electricity used by Bitcoin miners in the country, according to a local news outlet Kazinform. Speaking during an expanded meeting of the government, the president stated that his government would embark on identifying all mining farms, checking their tax status, carefully studying […] дальше »
2022-2-9 23:32 | |
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Amid Electricity Shortages, Kosovo Government Places Ban On Crypto Mining
Kosovo has banned crypto mining on Tuesday in an effort to reduce electricity use as the country grapples with its worst energy crisis in a decade as a result of electricity disruptions. Kosovo Bans Crypto Mining Operations Due to electricity shortages during the winter season, the government of Kosovo has decided to stop crypto mining in the country. дальше »
2022-1-5 22:14 | |
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Crypto miners in Kazakhstan flee over aging electricity infrastructure
Kazakhstan’s crypto mining industry was initially boosted by China’s tightening grip on digital asset regulation. The post Crypto miners in Kazakhstan flee over aging electricity infrastructure appeared first on CryptoSlate. дальше »
2021-12-28 17:00 | |
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Miners’ Electricity Applications Rejected by Icelandic Utility as Supplies Dwindle
It seems like the days of Iceland’s reputation as an energy-rich and politically-favorable crypto mining location are coming to an end, as surplus energy supplies dwindle. The post Miners’ Electricity Applications Rejected by Icelandic Utility as Supplies Dwindle appeared first on BeInCrypto. дальше »
2021-12-7 21:56 | |
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China’s NDRC Further Enforces Crypto Mining Ban, Seeks Punitive Damages for Miners
The National Development and Reform Commission (NDRC) China has called for further enforcement of the ban on crypto mining in the region via disciplinary electricity prices on large crypto mining farms. дальше »
2021-11-17 21:30 | |
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China Warns State-Owned Companies To Stop Bitcoin Mining Or Risk Strict Penalties
China has issued a warning to its state-owned enterprises to stop cryptocurrency mining. It also warned that it would increase electricity rates for companies that continue to defy the ban. This latest warning comes amid the ongoing crypto ban in the East Asian country. дальше »
2021-11-17 21:00 | |
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Laos expects crypto mining to deliver these gains
One relatively more affordable place to mine Bitcoin in Asia (excluding China) is Laos, thanks to its hydroelectric potential and electricity prices. What's more, the landlocked country with a populatThe post Laos expects crypto mining to deliver these gains appeared first on AMBCrypto. дальше »
2021-11-5 23:30 | |
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Can Russia rescue Kazakhstan's dwindling crypto mining activity with its electricity
Russia's Inter RAO might begin commercial electricity export to Kazakhstan in November, as per local reports. The development comes after reports of the country facing a serious energy shortage due toThe post Can Russia rescue Kazakhstan's dwindling crypto mining activity with its electricity appeared first on AMBCrypto. дальше »
2021-10-30 18:00 | |
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After a crypto crackdown, is China going after NFTs and their promoters
The Cambridge Bitcoin Electricity Consumption Index showed that China held 0% of the average monthly hashrate share in August. After this, many concluded the country had done away with crypto for goodThe post After a crypto crackdown, is China going after NFTs and their promoters appeared first on AMBCrypto. дальше »
2021-10-25 20:30 | |
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Bitcoin Network Regrows Almost Completely, Kazakhstan Facing Electricity Shortages Due to Crypto Mining
Kazakhstan, which accounts for the third-largest Bitcoin mining hash rate share after seeing a 6x spike in its share between Sept. 2019 and April 2021, is considering measures like surcharge and limiting energy use while Kyrgyzstan has already increased electricity tariffs for crypto miners. дальше »
2021-10-4 17:39 | |
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Billion-dollar Bitcoin mining industry resumes in Iran after three-month ban
The extreme heat of the summer has subsided, so crypto mining has been given the green light, as it can no longer be blamed for stressing the electricity grid. дальше »
2021-10-2 08:08 | |
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China’s high court proclaims that crypto is not protected by law
China has been making a lot of headlines in regards to the crypto industry this year, and more often than not, not for good reasons. The country has seen a number of its provinces crackdown on cryptocurrency mining, causing the miners to abandon their posts and seek out cheap electricity in other provinces, countries, and […] The post China’s high court proclaims that crypto is not protected by law appeared first on Invezz. дальше »
2021-8-23 15:12 | |
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Iran’s crypto mining ban to be lifted in September
Iran’s state electricity company has just shared some good news for its local cryptocurrency miners, announcing that the mining ban is likely to be lifted come September. The Iran Power Generation, Distribution, and Transmission Company (Tavanir) previously prohibited mining on a country-wide basis earlier this year, in May. дальше »
2021-8-23 14:56 | |
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Venezuela cut off power to Bitcoin (BTC) mining plants despite legalization
Bitcoin (BTC) miners in one of Venezuela’s most important industrial states, Carabobo, had their electricity cut off by authorities, Criptonoticias reported. On August 7, the regional officials effectively shut down crypto mining operations in the key state by suspending the power supply to all registered miners in the territory. дальше »
2021-8-11 02:05 | |
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Energy Veteran Roy Phillips Joins Board of Advisors at Intelligent Mining (iM)
Roy Phillips, founder, and CEO of REP Energy, an electricity generating company, has joined the Board of Advisors at Intelligent Mining(iM) following a recent press release. Intelligent Mining (iM) is a platform responsible for providing environmentally responsible energy solutions which support efficient crypto mining operations. дальше »
2021-7-28 23:16 | |
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Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners
The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. дальше »
2021-7-24 11:00 | |
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