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Tag: Electricity

Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests

January 5, 2022 wp-bot Bitcoin News

Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has

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Kosovo Halts Cryptocurrency Mining Amid Energy Crisis

January 5, 2022 wp-bot Bitcoin News

The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter.

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Power Outages in Russia’s Irkutsk Region Blamed on Home Miners

January 2, 2022 wp-bot Bitcoin News

Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence

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Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

December 31, 2021 wp-bot Bitcoin News

The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems

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Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity

December 30, 2021 wp-bot Bitcoin News

Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the

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Power Deficit Forces Crypto Miners to Leave Kazakhstan

December 29, 2021 wp-bot Bitcoin News

Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved

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