Tesla Files Application to Enter the UK as an Electricity Provider

Technology companies are always trying to increase their footprint on society. In the case of Tesla, the company is seemingly inclined to enter the UK electricity sector.  Most people are familiar with Tesla as a company right now. Tesla Eyes a Brand new Market Its main focus comes in the form of building and manufacturing electric vehicles. Following some recent developments, the company is trying to focus on the UK market. Not just in the form of electric cars either, but as an electricity provider. A license application was filed earlier in the week. If granted, Tesla will become active

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Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm

Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining FarmThe largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable lines in order to siphon free electricity from […]

The post Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm appeared first on Bitcoin News.

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3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners

3 Cents per kWh - Central Asia's Cheap Electricity Entices Chinese Bitcoin MinersAs tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable electric prices ($0.006 per kilowatt-hour) in the oil-rich nation, […]

The post 3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners appeared first on Bitcoin News.

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Russian Engineer Unveils his Concept of a Flying Train

Flying vehicles have sparked the imagination of humans for centuries. It now seems that a flying train is no longer a dream, albeit there is still a lot of work to be done.  An engineer out of Russia recently unveiled his vision for a flying train. A Flying Train isn’t Impossible to Achieve As futuristic as this idea may sound, the concept is not unattainable by any means. Dahir Semenov is no stranger to futuristic ideas either. In fact, he has conjured up quite a few different iterations in his mind. Adding a high-speed passenger train to this list is

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