Search Results for: signed the new address

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

by

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…

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

by

Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private…

Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium

by

The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar…