2021-6-9 17:27 |
Qinghai is the latest Chinese province that has banned all Bitcoin mining origin »
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In Pakistan, a province in Khyber Pakhtunkhwa passed a law that makes cryptocurrencies and mining legal in the region. According to a Provincial Assembly (MPA) member, Dr. Sumera Shams, the move will enable the country to position itself better to compete favorably with the digitized world.
2020-12-5 23:00 | |
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One of the largest Chinese mining hubs has banned power stations from supplying energy to Bitcoin miners
2020-12-1 22:04 | |
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The government of a Russian province has lifted a two-year ban on cryptocurrency mining. The ban came into effect when mining farms brought the region to the brink of an energy crisis. The Republic of Abkhazia, a province in the Russian Federation, has rebooted its crypto mining glory.
2020-10-2 10:07 | |
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In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain […] The post Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners appeared first on Bitcoin News.
2020-9-2 11:30 | |
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Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners.
2020-8-19 20:30 | |
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Bitcoin mining pools in China, including large and mid-sized operations, are seeing their daily hashrate drops by “10 to 20 percent” following monsoons in Sichuan, reported Coindesk on Tuesday. Rain Spoils the Day The Sichuan province is said to control over 50% (even 60%) of Bitcoin’s total hashrate.
2020-8-18 15:00 | |
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The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.
2020-8-18 11:30 | |
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Bitcoin halving resulted in a 33% drop in hashrate. Government of China's Sichuan province's latest directive asked miners to swiftly halt all mining activities. This could result in another 10% drop The post Siberia could be a gold mine for Bitcoin miners appeared first on AMBCrypto.
2020-6-11 21:01 | |
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Финансовая администрация китайской провинции Сычуань выпустила уведомление подконтрольным ведомствам с требованием об «упорядоченном прекращении майнинговой активности». The Financial Administrative of the #Sichuan providence of #China has issued a notice to its subordinate offices ordering them to “guide mining entities to end their mining activities in an orderly manner”.
2020-5-23 14:12 | |
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Iran’s Ministry of Industry, Mining and Trade issued a license to Turkey-based company iMiner for operating in the province of Semnan.
2020-5-5 06:09 | |
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The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt about mining in 2018.
2020-4-29 01:30 | |
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Chinese province of Sichuan, popular among mining enterprises due to cheap hydropower, hopes to boost sales of electricity to miners ahead of the rainy season.
2020-5-12 15:12 | |
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An uncertain regulatory regime regarding power distribution in Quebec has apparently drove crypto mining firms out of the province
2020-1-23 15:53 | |
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Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies.
2019-12-28 23:05 | |
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In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud.
2019-12-25 02:00 | |
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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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Authorities in Iran have seized around 1,000 Bitcoin mining machines from two abandoned factories, according to Reuters. The report hasn’t stated what cryptocurrency was being mined, or for how long the farm had been operating.
2019-6-28 11:41 | |
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Authorities in China are investigating allegedly illegal Bitcoin (BTC) mining farms that have apparently been built without the required permissions in Sichuan province. This is according to the local media agency Sina in a report on May 30.
2019-5-31 01:54 | |
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This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.
2019-5-31 20:14 | |
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Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province
2019-5-30 17:30 | |
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Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.
2019-5-30 12:00 | |
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By CCN: Chinese authorities sentenced a 61-year-old grandmother to four months in jail for stealing electricity while mining bitcoin. Qiuping Tang was also fined 10,000 yuan (about $1,500) for electricity theft.
2019-5-28 20:15 | |
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The technical infrastructure of the Canadian province has been in place since the turn of the century. And much like several states from its border partner just South, many of these relics of the industry are going to waste.
2019-5-24 21:00 | |
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By CCN: Authorities in the Netherlands have arrested a suspect who allegedly operated a bitcoin mining investment scam, according to Dutch daily De Gelrderlander. The fraudulent scheme which was reportedly started in 2017 earned the man named Berry van Mourik at least €2 million ($2.
2019-5-22 14:11 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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The French province of Canada, Quebec, had previously frowned upon the crypto sphere, especially when it came to crypto mining. Their distaste led them to charge crypto miners three times the price for the use of electricity in the province.
2019-5-6 02:24 | |
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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 […]
2019-4-17 19:25 | |
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They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.
2019-4-17 20:52 | |
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In this edition of The Daily, we look at Liberstad’s progress toward building a libertarian community in Norway. The city has just issued its own digital coin. Also, crypto mining contracts have been classified as securities in the Canadian province of Quebec.
2019-2-17 14:30 | |
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You may have heard that the blockchain mining industry took a hit last year as the prices dropped and mining started to be unprofitable in some regions. Because of this, there is a migration of miners who want to go to the Sichuan province as the rain season has started. Every year, the Sichuan province, […]
2019-2-15 08:02 | |
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A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future.
2018-12-30 11:00 | |
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When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.
2018-12-22 21:41 | |
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Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants where such currencies are mined. The Yingjiang Administration Bureau for Industry and Commerce, which enforces enterprises and consumer protection laws, issued a notification to the Bitcoin mining facilities operating in China’s Yunnan province.
2018-11-13 13:00 | |
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Two principals at a Chinese school have been caught using their employer’s electricity to mine Ethereum, according to local news outlet HK01. The report details how employees at Puman Middle School in Hunan province had been witnessing excessive noise from computers over the last few months – day and night, even during the holidays.
2018-11-8 18:23 | |
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Recently Elected, Quebec’s Political Party to Open Doors to Bitcoin Mining Operations The election that took place in Quebec on Monday, October 1 has resulted, for some in favoring their views and others not so much.
2018-10-2 20:48 | |
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After a long struggle with past and present governments, the mining industry in Quebec Province may be smiling soon as new parliament elections are likely to bring in officials that are more comfortable with the crypto mining industry in the area.
2018-10-2 10:43 | |
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The French-Canadian province has quickly become a cryptocurrency mining hotspot due to the naturally cold weather and cheap electricity. However, the industry might be seriously impacted following today’s local parliamentary elections.
2018-10-1 22:00 | |
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A small Chinese province was coerced to close down illegal bitcoin mining activities in the respective region before August 2018. This is In accordance with Chinese government currently busting all the crypto related operations.
2018-7-25 01:50 | |
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In-line with a strict government crackdown on all things crypto, a small province in China is forced to shut-down illegal bitcoin mining operations in the region before August 2018. Mining Crackdown As reported recently on local news Jinse, the northwestern Chinese region of Xinjiang Uyghur has identified “illegal” mining operations taking advantage of the naturally cool, […] The post Chinese Region Halts Cryptocurrency Mining Operations appeared first on CryptoSlate.
2018-7-24 07:00 | |
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According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China.
2018-7-6 18:50 | |
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Floods in China’s Sichuan province have caused the overall hash rate of the Bitcoin [BTC] to decline. The Sichuan province is known for being on the premier area for mining in China, accounting for over 70% of China’s mining output.
2018-7-3 17:19 | |
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Overview Southwestern Chinese province, Sichuan has just been struck with heavy storms bringing damaging floods which have wiped out many Bitcoin mining machines. China is known for being a world-wide leader in Bitcoin mining as they have cheap electricity, excess coal, and most of the leading Bitcoin mining pools situated there.
2018-7-2 18:39 | |
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The recent heavy downpour in China has caused a significant damage in crypto mining operations in Sichuan province.
2018-7-2 16:41 | |
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Following heavy rain between the 27th and the 28th of June, China’s Sichuan province experienced floods, with a mining farm affected. Eric Meltzer, a partner at one of the biggest crypto. .
2018-7-2 16:37 | |
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Cryptocurrency mining activities have been growing all over the world during the last years. China has became one of the main hubs for virtual currency operations in the world. But due to heavy floods in the Sichuan province, a major cryptocurrency mining operation has been heavily damaged by the water. The information has been reported […]
2018-7-2 23:57 | |
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Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners. Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output.
2018-7-1 19:00 | |
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Floods in China’s Sichuan province, caused by two days of heavy rains, have reportedly resulted in the destruction of “tens of thousands” of cryptocurrency mining devices
2018-7-1 03:24 | |
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Police in Ruian, East China’s Zhejiang Province, arrested 16 suspects who allegedly implanted programs to secretly control computers in more than 30 cities for cloud mining. According to the police, the suspects controlled more than 100,000 computers and had mined more than 5.
2018-7-9 14:43 | |
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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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