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Tag: Electricity

Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis

August 16, 2024 wp-bot Bitcoin News

Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim

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Putin Signs Law to Regulate Crypto Mining in Russia

August 10, 2024 wp-bot Bitcoin News, Blockchain

Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November.

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Airbnb Host Imposes No Mining Rule After Guests Rent Her Property to Mine Crypto

August 3, 2024 wp-bot Bitcoin News

An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an electric vehicle station and

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Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid

May 17, 2024 wp-bot Bitcoin News

A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led to power shortages in Laos,

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US Ambassador to Argentina Hails Bitcoin Miner’s ‘Genius’ Flared Gas Power Generation Plans

December 18, 2023 wp-bot Bitcoin News

The U.S. Ambassador to Argentina, Marc R. Stanley, has lauded Unblock Computing’s bitcoin mining initiative for its innovative use of flared gas in generating electricity.

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Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus

October 2, 2023 wp-bot Bitcoin News

Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits.

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Blockchain
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