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Tag: crypto miners

Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill

December 8, 2022 wp-bot Bitcoin News

Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by

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Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage

December 8, 2022 wp-bot Bitcoin News

The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the

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Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware

December 4, 2022 wp-bot Bitcoin News

Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price

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Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid

December 3, 2022 wp-bot Bitcoin News

On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s

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Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand

December 1, 2022 wp-bot Bitcoin News

Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric

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New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

November 28, 2022 wp-bot Bitcoin News

Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A

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