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Russia to ban Bitcoin mining in select regions due to power shortages
The ban on Bitcoin mining in certain Russian regions highlights the tension between energy demands and the sustainability of crypto activities. The post Russia to ban Bitcoin mining in select regions due to power shortages appeared first on Crypto Briefing. дальше »
2024-11-1 18:22 | |
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Russia to ban Bitcoin mining in key regions due to electricity deficit
Cryptocurrency mining will soon be banned in certain regions of Russia due to electricity shortages, per Deputy Energy Minister Evgeny Grabchak. Russia will soon prohibit Bitcoin (BTC) mining in several regions due to a critical electricity shortage, Russia’s state news… дальше »
2024-10-30 13:50 | |
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Iran offers $20 to report on shady crypto miners amid ongoing power crisis
Iran has started offering $20 rewards to report illegal crypto miners amid severe power shortages disrupting the country’s electricity grid. Iran is now offering rewards of $20 to the public for reporting illegal crypto mining activities as the country faces… дальше »
2024-8-15 13:17 | |
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Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC
Russian President Vladimir Putin warned that crypto mining could lead to significant power shortages in some regions of the country while calling for an expansion of its central bank digital currency (CBDC), the digital rouble, in a July 17 meeting. дальше »
2024-7-18 01:30 | |
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io.net unveils support for Apple Silicon Chip Clustering for machine learning
io. net pioneers Apple Silicon Chip Clustering for ML, transforming cloud infrastructure. Decentralized Apple chip clusters enable global contributions, unlocking unused computing power. The IO Network, with M3 series support, addresses computing shortages in the AI/ML revolution. дальше »
2024-3-14 20:37 | |
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Not Interested? Why SEC Can’t Find Crypto Experts To Work With The Agency
The US Securities and Exchange Commission (SEC) is facing a growing challenge in filling vacant Crypto Assets Specialist positions within its ranks. The Office of the Inspector General (OIG) of the SEC recently published its “2023 SEC OIG Management and Performance Challenges” report, shedding light on the persistent issue of staff shortages in the SEC’s […] дальше »
2023-11-7 13:00 | |
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Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens
Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket shortages. дальше »
2023-10-11 19:50 | |
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SMIC Sustains 20.6% YoY Revenue Fall in Q1 2023 to Record First Income Deficit in Three Years
Coinspeaker SMIC Sustains 20. 6% YoY Revenue Fall in Q1 2023 to Record First Income Deficit in Three Years Chinese chip powerhouse SMIC saw Q1 revenue fall to $1. 46 billion as it continues to withstand chip shortages and US trade sanctions. дальше »
2023-5-12 18:02 | |
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The Cosmic Consequences of Bitcoin Mining: Tensions With the Quest for Alien Life
Explore the unforeseen consequences of Bitcoin mining on SETI research and the pursuit of extraterrestrial life, as GPU shortages create challenges for scientists and other industries. The post The Cosmic Consequences of Bitcoin Mining: Tensions With the Quest for Alien Life appeared first on BeInCrypto. дальше »
2023-4-12 23:00 | |
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Nigerian CBDC eNaira Adoption Spikes Due To Cash Shortage
Nigeria, the most populous African nation, experienced a severe cash shortage and these shortages have increased the adoption rate of its CBDC, the eNaira. Nigeria is the first African nation to launch a sovereign digital currency. дальше »
2023-3-23 22:00 | |
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5 reasons 2023 will be a tough year for global markets
From inflation to energy shortages and general instability, markets are set for a turbulent year ahead.
дальше »2022-11-14 22:32 | |
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Quebec’s Energy Manager To Cut Supply For Crypto Mining Due To Shortage
Cryptocurrencies are generated via a process known as crypto mining which consumes massive amounts of electrical power. And higher energy consumption has consequently brought electrical power shortages in many countries due to increased mining activities. дальше »
2022-11-7 01:04 | |
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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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Learn2Earn University Evita Launches Web3 Courses to Curb Talent Shortage
Web3 University Evita has announced plans to launch learn2earn courses as it makes efforts to curtail talent shortages in the tech space. The increasing rate of structural unemployment that has hit many nations of the world, especially developed countries, has geared concerns among technical institutions. дальше »
2022-8-23 23:40 | |
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Building Better Brains: EMR to hold Public Sale on KICK.IO
20th January 2021, Tallinn, Estonia – Our societies are old – and they’re getting older still. Despite the often abstract rhetoric that surrounds discussions of “future demographic challenges”, the aging of modern societies represent very tangible labor shortages, loss of productivity, and stagnant economies. дальше »
2022-1-20 15:00 | |
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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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Hedge or no hedge: investors' debate over Bitcoin and gold continues
As the American economy grapples with labor and supply shortages, the country's central bank declared that "the risks of higher inflation have moved up." And once again, the question of cryptocurrenciThe post Hedge or no hedge: investors' debate over Bitcoin and gold continues appeared first on AMBCrypto. дальше »
2021-12-5 03:30 | |
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Over $5 Billion In BTC Paid In Top 10 Ransomware Variants, Says U.S. Treasury
Ransomware attacks in the U. S. have been on a rise since late 2020, but it is particularly booming in 2021. This year, hackers have hit numerous U. S. companies in large-scale hacks. One such attack on pipeline operator Colonial Pipeline led to temporary fuel supply shortages on the U. дальше »
2021-10-17 23:00 | |
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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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Iran Will Reintroduce Cryptocurrency Mining in September
Iran is prepared to remove cryptocurrency mining bans in response to this summer’s electricity shortages. According to Iranian media, on September 22nd, the government will overturn the prohibition on cryptocurrency mining for authorized miners. дальше »
2021-8-24 15:00 | |
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Iran Outlaws Bitcoin Mining Amid Power Shortage Crisis
Iran has experienced recent issues with rolling blackouts and power shortages that have been blamed on new bitcoin mining farms in the region. The post Iran Outlaws Bitcoin Mining Amid Power Shortage Crisis appeared first on BeInCrypto. дальше »
2021-7-30 22:30 | |
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Forex Shortages Force Nigerian Corporates to Turn to Parallel Market
Nigeria’s ongoing shortage of foreign exchange is forcing corporates and businesses to source this resource on the parallel market, a former official with the Lagos Chamber of Commerce and Industry (LCCI) has said. дальше »
2021-7-13 15:30 | |
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Share Buyback Magic: Financial Forecaster Says Stock Market Rally Is All ‘Smoke and Mirrors’
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. дальше »
2021-7-5 15:30 | |
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After Ban, Chinese Bitcoin Miners Are Flooding the Market With GPUs
Getting your hands on a graphics card (GPU) has been near impossible with cryptocurrency mining and chip shortages eating up all available inventory and hiking prices to record levels. But there may soon be some respit. дальше »
2021-9-8 22:13 | |
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Iran Seizes 3,000 Crypto Mining Devices in a Week
Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. дальше »
2021-6-11 22:00 | |
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Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify
Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. дальше »
2021-5-27 18:00 | |
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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […] дальше »
2021-5-23 07:00 | |
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Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated US Real Estate Market
The Federal Reserve and America’s big banks have significantly inflated home prices across the U. S. according to a number of statistics. In many towns across the nation, home sales are facing bidding wars and certain regions are seeing property shortages. дальше »
2021-5-23 21:00 | |
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Iranian crypto miners using household energy will face large fines
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages.
дальше »2021-5-18 15:49 | |
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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. дальше »
2021-5-17 13:00 | |
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Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. дальше »
2021-4-25 15:00 | |
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Cointelegraph Consulting: Gauging the impact of ETH shortages on exchanges
On-chain data shows that ETH is quickly vanishing from exchanges. Cointelegraph Consulting explores the causes and impact of this trend. дальше »
2021-2-9 19:56 | |
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Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. дальше »
2021-1-25 18:30 | |
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Bitcoin Mining Rig Prices up 35% Since Start of November — Shortages Force Miners to Turn to Secondary Market
The prices of the latest generation mining rigs have gone up 35% since the beginning of November, according to Hashr8. The observed price increase comes as Bitmain and Microbt are reportedly sold out until May 2021. дальше »
2020-12-17 05:00 | |
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Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. дальше »
2020-9-2 13:04 | |
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