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Tag: consumption

Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

October 23, 2021 wp-bot Bitcoin News

Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and

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Lawmakers in Kazakhstan Propose Registration for Crypto Farms, Higher Electricity Rate for Miners

October 7, 2021 wp-bot Bitcoin News

Members of the parliament in Kazakhstan have proposed the establishment of a state register for cryptocurrency farms operating in the country. Alarmed by the growing

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Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

September 11, 2021 wp-bot Bitcoin News

Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed

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Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners

September 2, 2021 wp-bot Bitcoin News

Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes

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Iran Raises Alarm Over Potential Influx of Miners From China

July 28, 2021 wp-bot Bitcoin News

With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has

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China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports

July 14, 2021 wp-bot Bitcoin News

Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power

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