2019-6-30 19:01 |
Following a surge in power consumption, Iranian authorities detected and seized 1,000 Bitcoin mining machines
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Power officials in Iran have seized 1,000 bitcoin mining machines in two abandoned factories turned into mining farms in the central province of Yazd, Iran. The officials claim the cryptocurrency mining equipment was seized because their operators illegally made use of government-subsidized electricity, according to a Tech2 report on June 28, 2019.
2019-6-29 01:00 | |
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The Iranian government is cracking down on bitcoin mining operations after claims that mining operations were destabilizing the power grid and affecting electrical access for households and businesses.
2019-6-29 00:19 | |
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Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories.
2019-6-29 22:40 | |
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Over the last six months, reports of Chinese miners crossing the border to obtain cheap electricity from regions like Vietnam, Cambodia, Thailand, and Iran have abounded. According to a recent interview, Chinese miners have found extremely affordable electric prices ($0.
2019-4-11 22:58 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.
The legislation would have capped the industry's participation in demand response programs.
Bitcoin miners are uniquely flexible energy consumers we can use as energy tools to help solve several energy problems.
As today’s energy market becomes decentralized, energy grid operators may need to take a Web3 approach to asset management and security.
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits.
"We are taking proactive measures to shut down operations, shed load and create additional capacity in response to ERCOT's needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms.