Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of

Bitcoini kaevandamise aruanne näitab võrgu heitkoguste kontot 0.08% maailma CO2-st

Viimase aasta jooksul, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocolhas received a lot of criticism about its environmental impact. See nädal, the cryptocurrency firm Coinshares published a report that

Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. Ettevõtte sõnul, Luxors new trading desk will give miners and investors access to bitcoin ASIC mining rigs

Kosovo arestis sadu krüptokaevandusmasinaid

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

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

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

Ukraina julgeolekuteenistus katkestas Bitcoini varastavat pahavara müüva kriminaalgrupi

Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the darknet, has been dismantled as a result of a joint operation