Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The
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Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has
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Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid.
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Industrial Bitcoin mining breathes new life into tiny Texan town
Major Bitcoin miners have set up shop in a former aluminium smelting plant in the small Texan town of Rockdale.
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Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners
State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year.
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Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the
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