Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners
The Energy Secretary of Argentina eradicated energy subsidies for cryptocurrency miners, elevating the price of power to virtually 4x what the miners had been paying...
Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report
Platforms itemizing advertisements for mining {hardware} have been registering declining demand since Bank of Russia’s name for a ban on the minting of digital currencies...
Kazakhstan Extends Power Cuts for Cryptocurrency Miners
Crypto farms in Kazakhstan will stay unplugged till Feb. 7, because the native utility has prolonged energy cuts for miners. The firm factors to ongoing...
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
The most important utility firm in Irkutsk is seeking to accumulate nearly $800,000 from homeowners of crypto farms which have allegedly precipitated a spike in...
Kazakhstan Shuts Down Crypto Mining Farms Till February
Data facilities minting cryptocurrencies in Kazakhstan have been lower off from the nation’s energy grid this week and can stay unplugged for the remainder of...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
After Bitcoin’s mining issue jumped to the best worth ever at 26.64 trillion, the general hashrate slumped a hair because of the rise in issue...
Decommissioned Power Plant in Armenia to Host Crypto Mining Farms
Armenia goes to ask cryptocurrency miners to put in their coin minting {hardware} in an outdated thermal energy plant. The TPP might be decommissioned and...
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
The EU ought to prohibit proof-of-work crypto mining, an government on the European securities watchdog has insisted. Coins counting on the energy-intensive methodology of minting...
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH
Bitcoin’s hashrate has been driving excessive once more because the processing energy tapped one other lifetime excessive on January 15, 2022, reaching 219.68 exahash per...
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town
A document excessive consumption of electrical energy blamed on unlawful crypto farms in northwestern Georgia has caught the eye of authorities within the capital Tbilisi....