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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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.
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Bitcoin miner revenue jumps by 50% in 4 days since record difficulty drop
It’s a tale of two Bitcoins as active miners reap the benefits, while others remain completely offline.
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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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From mining to software: China’s regulatory crackdown on crypto continues
Financial institutions, crypto miners and now, software companies — where will regulators in China move to strike next?
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China proves Bitcoin is an unstoppable machine: Bitcoin Center founder
Bitcoin’s price goes up once regulatory setbacks are digested by the crypto community, Zap Procotol co-founder Nick Spanos says.
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