Search Results for: cheap energy

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group

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Paragvaj, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, vključno z…

Iran rudarjem vrača zaseženo opremo za kripto rudarjenje

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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…

Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted

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Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Venezuela has the largest supply of crude…

Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

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The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, ZDA. Office of Science and Technology Policy published a report that claims…

Švedska potrebuje moč za bolj uporabne stvari kot rudarjenje bitcoinov, Minister za energijo pravi

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Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, država’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it…

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

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Rusija’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions….

Ruska protimonopolna agencija predlaga višje cene električne energije za domače kripto rudarje

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The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament….

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

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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….

Bitfarms začenja gradnjo Mega Bitcoin rudarske farme v Argentini

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Bitfarme, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin mining farm in Argentina. The facility, which is designed to accommodate 55,000 miners, will be finished by next year. This is yet another signal that…