After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common
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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
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China shuts down crypto mining in Anhui province
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations.
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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.
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Licensed Iranian crypto miners ordered to halt production ‘altogether’
Even Iran’s minister of labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country’s power grid.
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Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than
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