Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence
Read morePower Deficit Forces Crypto Miners to Leave Kazakhstan
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved
Read moreIran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a
Read moreIllegal Crypto Miners Threatened With Jail Time in Russia
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his
Read moreIceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new
Read moreChina’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing
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