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

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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…

Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro

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Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDC) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to low-income households. This would deepen longer-term inclusion,…

Poraba električne energije ruskih kripto rudarjev skokovito naraste 20 Časi v 5 leta, Raziskovalne ugotovitve

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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. notri 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

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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….

Regulator ponovno poziva k prepovedi rudarjenja z dokazom o delu v EU

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The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the…

Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

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Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of…