Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Años

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures

Police in Kosovo Seize Crypto Mining Rigs From Serbs

Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal

Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices

Bitcoin miners have had a challenging year as the networks mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Corrientemente, with electricity costs at $0.07 por kilovatio-hora (kWh), only 18 application-specific

Los datos muestran que no quedan ganancias para los mineros de Bitcoin que no pueden obtener electricidad barata, Ejecute plataformas mineras eficientes

Durante las últimas semanas, el costo de producción de bitcoin ha sido más alto que el valor de mercado spot del principal criptoactivo y, a su vez,, Esto ha ejercido una presión masiva sobre los mineros de Bitcoin.. en noviembre. 30, 2022, las estadísticas muestran si los mineros pagan por…

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

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

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

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

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….

Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv

Ucrania’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said….

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

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