Category: crypto farms

Policija v Kazahstanu aretirala združbo, ki je silila strokovnjake za IT, da vodijo kripto farme

Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their......

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

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......

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republics Ministry of Energy announced. Legal Crypto......

Število razbitih nezakonitih farm za rudarjenje kripto v Iranu se približuje 7,000

Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic,......

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

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.......

Kazahstan ukrepa proti nezakonitemu rudarjenju, Doprsni kipi 13 Kripto kmetije

Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, država’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down Unauthorized Crypto......

Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown

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......

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

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

Authorities in Kazakhstan have calculated the energy used in the countrys 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......