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Tag: crypto miners

Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town

January 13, 2022 wp-bot Bitcoin News

A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The

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Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

January 10, 2022 wp-bot Bitcoin News, Blockchain

The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining

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Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate

January 6, 2022 wp-bot Bitcoin News

Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the

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Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests

January 5, 2022 wp-bot Bitcoin News

Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has

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Power Outages in Russia’s Irkutsk Region Blamed on Home Miners

January 2, 2022 wp-bot Bitcoin News

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

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Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

December 31, 2021 wp-bot Bitcoin News

The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems

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Blockchain
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