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Tag: Electricity

Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’

June 23, 2021 wp-bot Bitcoin News

Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang,

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City in Sichuan reportedly orders crypto miners to shut down for investigation

June 18, 2021 wp-bot Cointelegraph

Crypto miners in Ya’an City have reportedly been ordered to temporarily shut down their operations.

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Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining

June 16, 2021 wp-bot Bitcoin News

Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning

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Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

June 14, 2021 wp-bot Bitcoin News

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will

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Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight

June 14, 2021 wp-bot Bitcoin News

Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports.

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Iran Seizes 3,000 Crypto Mining Devices in a Week

June 10, 2021 wp-bot Bitcoin News

Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid

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