Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining

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

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

Investment Fund Focused on Crypto Mining to Be Created in Russia

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian

Endist Cohasseti keskkooli töötajat süüdistatakse tuhandete elektri varastamises, et kaevandada koolilinnaku krooliruumis Bitcoini

Endine kooliasutuste direktori assistent Cohassetis, Massachusetts, on süüdistatud krüptoraha kaevandamises Cohasseti keskkooli roomamisruumis. Cohasseti politseijaoskond väidab, et Nadeam Nahas peaaegu varastas $18,000 in electricity to power the

South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores

Pick n Pay, one of South Africas leading retailers, reportedly now accepts bitcoin as payment at all its stores across the country. Using the bitcoin lightning network, Pick n Pays customers can now buy items such as groceries, airtime and electricity

Iran Returns Seized Crypto Mining Equipment to Miners

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners

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. Praegu, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 application-specific

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

detsembril. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combattingenergy-intensivecryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto miningstrains the gridand the industryundermines U.S….