Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies.
Read more
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports
Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power
Read more
China shuts down crypto mining in Anhui province
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations.
Read more
Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date
The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement
Read more
Bitcoin electricity consumption falls to November 2020 levels: Data
Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data.
Read more
Iran pauses electricity exports due to crypto mining and hot summer
Discounted tariffs made Iran attractive to miners, now the country is having a hard time closing the gap between the production and consumption of electricity.
Read more