Search Results for: energy intensive

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group

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Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, incluido…

Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions

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el dic. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains the grid” and the industry “undermines U.S….

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

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A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two…

Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

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Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts. criptomoneda…

El consumo de electricidad de los criptomineros rusos aumenta 20 Veces en 5 Años, Hallazgos de investigación

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Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. En 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts…

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

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Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates….

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

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Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it…

Propuesta de prohibición de criptominería en Noruega no obtiene apoyo en el Parlamento

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La mayoría de los legisladores ha rechazado un impulso para prohibir la minería de prueba de trabajo de criptomonedas que consume mucha energía en Noruega.. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for…

Mozilla restablecerá las criptodonaciones: la organización no aceptará criptomonedas de prueba de trabajo

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Durante la primera semana de enero, la comunidad de software Mozilla reveló que estaba pausando las donaciones de criptomonedas después de citar preocupaciones ambientales. 14 semanas después, Mozilla decidió la semana pasada que volverá a aceptar criptodonaciones, but only from digital assets that leverage a…

Abjasia extiende la prohibición de criptominería hasta fin de año

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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…