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Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid. дальше »

2019-6-26 00:30


Bitcoin Miners Becoming ‘Buyers of Last Resort’ for Clean Energy: Report

The latest report from CoinShares shows that renewable energy powers the vast majority of the Bitcoin mining network contrary to the “ocean boiling narrative. ” Bitcoin Mining Uses Mostly Clean Energy In its third bi-annual mining report, CoinShares revealed that clean energy sources powered more than 74% of the Bitcoin mining network. дальше »

2019-6-7 18:00


Canada: Low Energy Prices For Crypto Miners in Quebec, If They Provide New Jobs and Infrastructure Investments – Win-Win For Everyone?

The cryptocurrency industry was further legitimized on Monday, April 29, as the Canadian province of Quebec created a special… The post Canada: Low Energy Prices For Crypto Miners in Quebec, If They Provide New Jobs and Infrastructure Investments – Win-Win For Everyone? appeared first on Invest In Blockchain. дальше »

2019-4-30 17:36


Canadian Province Offers Low-Cost Energy For Bitcoin Mining via Cold Climate, Hydroelectric Power

Bitcoin miners in Canadian provinces which include British Columbia, Quebec, Manitoba, Alberta, and Labrador are enjoying the perks of low-cost energy incentives. The Canadian province fits perfectly to the needs of running a Bitcoin mining operation due to its cool climate and abundance of hydroelectric energy availability. The perfect mining condition is aided by the […] дальше »

2019-4-17 19:25


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America’s Missoula County Plans to Regulate Cryptocurrency Miners Due to Environmental Concerns

United States’ Missoula County, also referred to as a hub of five valleys, is planning to regulate cryptocurrency miners so that they comply with zoning and noise regulations and most importantly, forgo fossil fuel energy in an effort to reduce climate change, as reported by the local publication Missoulan on March 20. дальше »

2019-3-21 15:59