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Tag: subsidies

Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

February 4, 2022 wp-bot Bitcoin News

The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before.

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Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project

August 18, 2021 wp-bot Bitcoin News

Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of

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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

June 2, 2021 wp-bot Bitcoin News

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government.

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