Search Results for: Home Miners

Power Outages in Russia’s Irkutsk Region Blamed on Home Miners

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Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned…

Venemaa valitsus lubab piirkondadel krüptokaevurite elektrihinda tõsta

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The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages….

Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

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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…

Miami Mayor: China’s Crypto Crackdown ‘Creates Incredible Opportunity for America’ in Bitcoin Mining

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The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” et “creates an incredible opportunity for America.” Ta ütles: “Their loss is our gain and America can and will lead the future by providing a clean power home…

US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity

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Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, nagu “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.” US Lawmakers Comment on China’s Cryptocurrency…