Category: deficit

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

By June 21, 2022 blackouts, consumption, Crypto, crypto farms, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, deficit, Demand, Electricity, Energy, Iran, Iranian, Miners, Mining, mining farms, power, restrictions, shortages, shutdowns 0 Comments
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republic’s Ministry of Energy announced. Legal Crypto......
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Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

By May 14, 2022 bitcoin farms, Bitcoin Miners, Bitcoin mining, closed down, consumption, Crackdown, Crypto, crypto farms, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, deficit, Electricity, fines, Iran, Iranian, Miners, Mining, mining farms, penalties, shortages, shut down, Tavanir 0 Comments
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic,......
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Abkhazia Extends Crypto Mining Ban Till End of Year

By April 6, 2022 Abkhazia, ban, Bitcoin mining, breakdowns, Crypto, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, deficit, Electricity, equipment, Georgia, Hardware, imports, Miners, Mining, power, Republic, shortages 0 Comments
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited in......
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Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms

By February 23, 2022 checks, Crackdown, Crypto, crypto farms, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, deficit, Electricity, inspections, inspectors, Kazakhstan, Miners, Mining, mining facilities, mining farms, power, Power Supply, shortages 0 Comments
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down Unauthorized Crypto......
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Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown

By January 9, 2022 Albanians, bill, confiscation, Consumers, consumption, Crypto, crypto farms, crypto mining, Cryptocurrencies, Cryptocurrency, cryptocurrency mining, deficit, Electricity, Energy, Government, Kosovo ban, Measure, Mining, Mining Devices, mining facilities, mining machines, parliament, power, Pristina, restrictions, Seizure, Serbs, shortages 0 Comments
Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms was launched after authorities in Pristina banned the power-hungry minting of digital currencies amid an energy......
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Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

By October 23, 2021 accidents, blackouts, capacities, capacity, consumption, Crypto, crypto farms, crypto mining, Cryptocurrencies, Cryptocurrency, cryptocurrency mining, Data Centers, deficit, Electricity, Energy, energy ministry, estimates, Homes, households, Kazakhstan, Mining, mining farms, Ministry of Energy, power, Prices, rates, shortages, tariff 0 Comments
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from......
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Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

By September 12, 2021 blackouts, Company, consumption, crypto farms, crypto miners, crypto mining, deficit, Electricity, Energy, illegal, Iran, Iranian, Miners, Mining, Mining Devices, mining hardware, mining machines, power, power utility, shortages, Tavanir, unauthorized, unlicensed 0 Comments
Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility......
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