2018-11-20 21:08 |
Chelan County proposed increasing the price of electricity for cryptocurrency miners to address electricity demand spikes in the rural community.
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With the dry season approaching, Bitcoin miners in China’s Sichuan province may be forced to reduce their electricity consumption. Prioritizing Communal Electricity Needs Over Crypto Miners According to Asia Times, authorities in Sichuan Province, China, are reportedly leaning on Bitcoin miners to cut down electricity consumption.
2019-12-31 20:16 | |
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Franklin Public Utility District (PUD), local electricity providers in the rural areas of Franklin County, Washington, announced on July 29, 2018, that they will suspend the supply of electricity to bitcoin miners in the city till further notice, in order to review the impact of bitcoin mining operations on the electricity system.
2018-8-1 05:00 | |
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Cheap energy prices are sending crypto miners to the U. S. -Canadian border, turning hydropower into hash power, but the authorities are beginning to fight back. Taking Advantage of the Public Utilities Plattsburgh, a small town on the North American border has become ground zero for crypto mining.
2018-7-31 21:30 | |
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It is well known that crypto mining is energy-consuming process. Some of the U. S. states have taken measures against crypto miners as well. Recently, New York state created a new electricity rate scheme for cryptocurrency miners, who now pay more than average consumers.
2018-7-31 19:13 | |
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Commissioners from the Franklin County Public Utility District have decided to stop accepting applications from new crypto miners until they study the effects of the growing density of cryptocurrency mining farms on electricity supply in the region.
2018-7-31 14:39 | |
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A remote location in Morocco has become a strategic spot to build a 900-megawatt wind farm as bitcoin miners look for cheap electricity in order to set up their computing centers. The spot south of Marrakesh is likely to turn into a cryptocurrency mining hub as the ecosystem favors renewable energy rather than utility grids.
2018-7-28 02:30 | |
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The following is a diagram from a slide that I made in one of my presentations at Cornell this week: </img> If there was one diagram that could capture the core principle of Casper’s incentivization philosophy, this might be it.
2018-7-21 23:03 | |
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On 12th July, The New York State Public Service Commission [NYPSC] announced that Massena Electric Department has received the approval to “allow high-density load customers such as cryptocurrency companies to qualify for service under an individual service agreement”.
2018-7-15 01:17 | |
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The state of New York has approved a new set of utility rates aimed at attracting further investment from crypto miners into the state. Under the new framework, crypto miners who have descended on upstate New York to take advantage of low electricity prices will now be able to negotiate contracts with a utility supplier.
2018-7-15 00:00 | |
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The state of New York doesn’t have the best of reputations when it comes to cryptocurrency. Its BitLicense requirement has made operating a crypto business very expensive and difficult. In an effort to turn things around, state regulators are now aiming to attract Bitcoin and altcoin miners. New York and Bitcoin Mining On paper, there […]
2018-7-14 21:00 | |
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Cryptocurrency miners face newer tariff rates in New York after the city’s State Public Service Commission (PSC) approved new rules qualifying high-density load customers under an individual service agreement.
2018-7-14 19:00 | |
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The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the New York PSC, high-density power consumers like cryptocurrency miners under the Massena Electric Department will pay new utility rates. Cryptocurrency miners and other high-density
2018-7-14 11:34 | |
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The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the New York PSC, high-density power consumers like cryptocurrency miners under the Massena Electric Department will pay new utility rates.
2018-7-14 09:00 | |
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New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. These requests come mainly from similar types of potential customers: server farms, generally devoted to data processing for cryptocurrencies. What is your response to the introduction
2018-7-14 06:36 | |
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New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs.
2018-7-14 03:30 | |
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Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.
2018-7-14 01:04 | |
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Cryptocurrency Miners To Access Customized Electricity Payment Contracts A section of New York residents will now enjoy customized electricity bills after t regulators allowed a utility company to establish new rates for cryptocurrency miners.
2018-7-14 23:39 | |
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Despite worries about cryptocurrency mining — from the impact that it can have on the environment to the potential impact it can have on the rates for other local electricity consumers — the state of New York has approved a bid to provide cheaper electricity to miners.
2018-7-13 22:00 | |
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A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. State regulators in New York allowed a municipal utility provider to implement a new set of electricity rates for cryptocurrency miners.
2018-7-13 18:24 | |
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A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. Now miners will pay more than average consumers. The post New York State Creates a New Set of Electricity Rates for Crypto Miners appeared first on CoinSpeaker.
2018-7-13 15:51 | |
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New York City State is providing some reprieve to cryptocurrency miners after its regulatory authorities authorized a brand-new electricity rate for an upstate utility that lets mining ventures work out deals there.
2018-7-13 14:00 | |
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New York State has opted to give crypto miners a breather after it increased electricity rates for them four months ago.
2018-7-13 12:50 | |
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New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts, Bloomberg reported July 12. According to Bloomberg, several months ago the state of New York gave permission to 36 municipal power authorities to charge crypto miners more than other consumers. The Massena municipal utility
2018-7-13 06:31 | |
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The state of New York has endorsed a new electricity structure for crypto miners who are interested in conducting operations there, allowing them to negotiate contracts
2018-7-13 03:55 | |
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Cryptocurrency Mining–Despite the overwhelmingly negative image of crypto mining related electricity costs, from the impact they have on the environment to the rising rates of neighborhood power bills, the state of New York has approved a bid to increase the population of miners through cheaper electricity.
2018-7-13 03:29 | |
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A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners. While primarily an administrative move, it’s a potentially significant development for cryptocurrency miners hoping to tap the hydroelectrical resources located in New York. However, given the abundance of low-cost electricity
2018-7-13 03:13 | |
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A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners.
2018-7-13 00:05 | |
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Cheap rental prices and inexpensive electricity have driven cryptocurrency miners to the seaside city. While cryptocurrency miners have long worked in places like China and Scandinavia, many are setting their sights on other parts of the world.
2018-7-8 15:37 | |
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Driven by cheap electricity prices and the potential for profit, cryptocurrency miners have expanded their horizons and set up operations in smaller localities across the world. Some residents embrace the potential for an economic boom.
2018-7-8 12:00 | |
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Rural Japan is luring more and more cryptocurrency mining operations. They’re attracted by subsidised rents, as well as relatively low electricity rates. Cities Like Fukui Seeing More Mining Operations Spring Up When you think of large scale cryptocurrency mining operations, Japan probably isn’t the first place that springs to mind.
2018-7-7 22:00 | |
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Bitcoin at $6,600 brings prices back to the lows in April, which marked the halt of a slide from nearly $20,000 in late 2017. Cryptocurrency miners use high powered computers that use a lot of electricity to complete a series of complex calculations to create a bitcoin. The bitcoin protocol calls for a finite number
2018-7-5 20:41 | |
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Mining In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian
2018-6-28 13:37 | |
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Quebec's energy troubles caused by cryptocurrency mining might go away soon, as Hydro-Quebec drafts a new proposal that allocates 500 megawatts to new mining companies under certain conditions.
2018-6-25 20:42 | |
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Japan Confirms Entrance Into the Crypto Space Price Hike for Crypto Miners Quebec, a province in eastern Canada, offers one of the lowest power rates in North America. Quebec has been trying to attract crypto miners with its inexpensive electricity and cold winters, as news.
2018-6-23 07:32 | |
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California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list.
2018-6-23 07:00 | |
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The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations.
2018-6-23 05:40 | |
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The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. As a result of this uneasy situation, the regulator will allow Hydro-Quebec to raise its electricity prices.
2018-6-22 08:49 | |
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The new regime seeks to allocate up to 500 megawatts, in addition to 120 megawatts of already existing initiatives. The starting rate is reportedly 1 Canadian cent ($0. 0075) per kilowatt hour, which is 20 percent above the industry standard price.
2018-6-22 07:06 | |
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Even though Canada has become a very important country for cryptocurrency mining, it seems things are changing behind the scenes. The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners.
2018-6-22 05:00 | |
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Under new rules, Quebec crypto miners are required to bid for power and quantify the jobs and investment per megawatt that they will generate
2018-6-22 01:34 | |
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Under new rules, Quebec crypto miners are required to bid for power and quantify the jobs and investment per megawatt that they will generate
2018-6-22 01:34 | |
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Cryptocurrency mining can get rather costly, given its massive energy consumption. But the Southeastern European country of Kosovo could provide a solution to that dilemma. While Kosovo might be recognized as one of Europe’s poorer countries, it does have one of the cheapest electricity rates in the region.
2018-6-20 23:02 | |
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In Kosovo, Europe’s poorest country, there are few job opportunities for a population of which 50% are under 25 and most adults in the country wish to go abroad to work away from rampant corruption and cronyism.
2018-6-19 12:30 | |
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Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.
2018-6-11 01:34 | |
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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 | |
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There was huge liquidity from leveraged longs at $1. 6. A drop below the level could trigger wild liquidation risk to leveraged bulls. SUI has been one of the top-performing layer-1s in 2The post SUI: Why $1.
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