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Tag: consumption

Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining

June 16, 2021 wp-bot Bitcoin News

Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning

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Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight

June 14, 2021 wp-bot Bitcoin News

Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports.

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Iran Seizes 3,000 Crypto Mining Devices in a Week

June 10, 2021 wp-bot Bitcoin News

Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid

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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption

May 23, 2021 wp-bot Bitcoin News

Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption

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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran

May 17, 2021 wp-bot Bitcoin News

Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to

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