The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity
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Kazakhstan Shuts Down Crypto Mining Farms Till February
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January.
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Fitch Ratings warns of risks crypto miners pose to US power supply
“Crypto mining operations are price-sensitive entities that may be quickly scaled back or shut down if mining becomes uneconomical,” said the agency.
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Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty
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Decommissioned Power Plant in Armenia to Host Crypto Mining Farms
Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant. The TPP will be decommissioned and
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Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose
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