Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad

Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries AbroadPresident Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency mining. Lukashenko Calls on Belarusian Workers to Build Mining Farms, Not Work […]

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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption

Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power ConsumptionCiting a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […]

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Report Claims 85% of the Monero Network Dominated by ASIC Miners

Report Claims 85% of the Monero Network Overshadowed by ASIC MinersOver the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols. Multiple cryptocurrency developers have attempted to brick ASIC miners, but with scant success. A perfect example is the privacy-centric digital currency Monero, a project that has tried to fork the software multiple times […]

The post Report Claims 85% of the Monero Network Dominated by ASIC Miners appeared first on Bitcoin News.

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New Plant to Assemble Mining Rigs in Belarus

New Plant to Assemble Mining Rigs in BelarusPlans to build a new manufacturing facility for mining equipment have been announced in Belarus. It will be situated in the Chinese-Belarusian Industrial Park, currently under construction in the “Velikiy Kamen” special economic zone. The plant will be assembling mining rigs with cooling systems utilizing excess heat. Also read: Two Russian Regions to Develop Large […]

The post New Plant to Assemble Mining Rigs in Belarus appeared first on Bitcoin News.

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