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Tag: Electricity

Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency

March 30, 2022 wp-bot Bitcoin News

In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies.

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Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining   

March 30, 2022 wp-bot Bitcoin News

The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy

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Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining

March 22, 2022 wp-bot Bitcoin News

Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm,

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Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem

March 18, 2022 wp-bot Cointelegraph

Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?

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China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

February 26, 2022 wp-bot Bitcoin News

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind

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Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims

February 24, 2022 wp-bot Bitcoin News

Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news

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