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Tag: power

BRICS Nations Set for 4.4% Growth in 2024-2025, Outpacing G7 Economies

October 11, 2024 wp-bot Bitcoin News

Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in

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Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages

September 26, 2024 wp-bot Bitcoin News

Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety.

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AI execs visit White House to discuss energy infrastructure

September 12, 2024 wp-bot Cointelegraph

According to a Goldman Sachs report, the demand for electrical power in the United States will have grown by approximately 2.4% by 2030.

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Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs

August 29, 2024 wp-bot Bitcoin News

A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the

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Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

August 29, 2024 wp-bot Bitcoin News

Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents

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Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis

August 16, 2024 wp-bot Bitcoin News

Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim

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