Russia’s key crypto mining regions like Irkutsk will enforce seasonal mining restrictions instead of originally proposed complete bans.
Read moreRussia plans to restrict crypto mining in 13 regions to save electricity
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.
Read moreHas Russia really ‘legalized’ cryptocurrency mining?
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation.
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Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW
Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to
Read moreAI execs visit White House to discuss energy infrastructure
According to a Goldman Sachs report, the demand for electrical power in the United States will have grown by approximately 2.4% by 2030.
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IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact
International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity
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