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Category: cheap electricity
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Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
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Iran Finds Scapegoat In ‘Easy Victim’ Bitcoin as Officials Shut Down 1,600 Mining Farms
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Montana County to Hold Public Hearings on Zoning Rules for Crypto Miners Amid Growing Complaints
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A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity
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Central Washington Raises Concerns Over Possible Bitcoin Mining Boom
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Record-Low Electricity Prices in Sweden Make It ‘a Lucrative Place’ to Mine Bitcoin, Says Report
Bitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places for crypto mining. Bitcoin Miners Could Find ‘Lucrative’ Opportunities in Norway and Sweden According to a Bloomberg report, the Nordic region, specifically Norway and Sweden, […]
The post Record-Low Electricity Prices in Sweden Make It ‘a Lucrative Place’ to Mine Bitcoin, Says Report appeared first on Bitcoin News.
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Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Iranian economy. Also read: Bitcoin Miner Recounts Struggle to […]
The post Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned appeared first on Bitcoin News.
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Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners
Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid. Also Read: […]
The post Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners appeared first on Bitcoin News.
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Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining
According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in […]
The post Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining appeared first on Bitcoin News.
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