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Category: Digital Currency Mining
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Controversial Ukrainian Oligarch Is Reportedly Mining Bitcoin in the US
One of the wealthiest oligarchs in Ukraine and a former governor in one of the country’s regions are reportedly mining bitcoin in a factory located in the U.S. Ukrainian Businessmen Are Reportedly Running Crypto Mining Operations at US Factory Per Radio Free Europe (known also as Radio Liberty), Igor Kolomoisky is said to be using […]
The post Controversial Ukrainian Oligarch Is Reportedly Mining Bitcoin in the US appeared first on Bitcoin News.
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Crypto Mining Crisis in Abkhazia Worsens After Power Substation Caught Fire
The crypto mining crisis in Abkhazia is closely reaching its boiling point following the burnout of a power substation amid the refusal of both illegal and legal crypto miners to slow down their operations in the state. Crypto Mining Crisis Abkhazia Keeps Worsening Sputnik Abkhazia has reported that an incident happened over the weekend, specifically […]
The post Crypto Mining Crisis in Abkhazia Worsens After Power Substation Caught Fire appeared first on Bitcoin News.
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Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According to regional reports, a number of enterprises that mine […]
The post Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower appeared first on Bitcoin News.
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