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Tag: Electricity

Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad

August 29, 2021 wp-bot Bitcoin News

President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The

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Iran Raises Alarm Over Potential Influx of Miners From China

July 28, 2021 wp-bot Bitcoin News

With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has

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Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners

July 24, 2021 wp-bot Bitcoin News

The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in

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Seized PS4 consoles in Ukraine used for FIFA accounts, not crypto mining

July 19, 2021 wp-bot Cointelegraph

The gaming hardware confiscated by the Ukrainian police was being used to create in-game currency and not for farming cryptocurrency.

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Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume

July 19, 2021 wp-bot Bitcoin News

An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is

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Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm

July 18, 2021 wp-bot Bitcoin News

A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security

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