Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices

Kyrgyzstan Seizes 2,000 Cryptocurrency Mining DevicesLaw enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial enterprises that have been supplying the bitcoin farms with electricity. Security Service Conducts Operation Against Illegal Mining in Kyrgyzstan The State Committee for National Security […]

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Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season

Authorities in Sichuan Go After Miners to Save Electricity in the Dry SeasonRegional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower stations have been fined already for powering bitcoin farms without authorization. Also […]

The post Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season appeared first on Bitcoin News.

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