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Tag: Electricity

Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests

May 28, 2022 wp-bot Bitcoin News

The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry

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Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm

May 19, 2022 wp-bot Bitcoin News

Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials

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Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown

May 15, 2022 wp-bot Bitcoin News

Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic,

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Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

May 14, 2022 wp-bot Bitcoin News

Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a

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Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament

May 13, 2022 wp-bot Bitcoin News

A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested

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Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament

May 13, 2022 wp-bot Bitcoin News

A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested

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