The President of Abkhazia lifts country’s ban on crypto-related activities
That may not necessarily be a good thing for the struggling state. Go to Source Powered by WPeMatico
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‘We’re getting paid to produce Bitcoins’ reveals Texas BTC miner
Layer1’s plan to sell excess power back to Texans has resulted in 700% profits Go to Source Powered by WPeMatico
Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. Not too long ago, news.Bitcoin.com … Read more
Two Bitcoin Farmers Stole $1.5M in Electricity in Bulgaria
Two Bulgarian nationals have been charged with the theft of nearly $1.5M in electricity used to illegally operate crypto mining farms. Go to Source Powered by WPeMatico
Cryptocurrency News From Japan: August 2 – August 8 in Review
Coincheck’s CEO expressed optimism toward the company’s upcoming shareholder meeting app, GMO Coin announced negative leverage trading fees and more headlined news from Japan this past week. Go to Source Powered by WPeMatico
Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA
A U.S. startup is setting up a blockchain energy trading pilot in Los Angeles to promote electric van sharing. Go to Source Powered by WPeMatico
Tokyo Power Company to Use Blockchain for Trading Electricity Surplus
Tokyo Electric Power Company Holdings Inc partnered with Itochu Corporation to start building a blockchain-based system to trade electricity surpluses. Go to Source Powered by WPeMatico
Power Ledger Brings Peer-to-Peer Renewable Energy Trading to Thailand
Australia’s Power Ledger will be deploying its renewable energy trading technology in Thailand through a partnership with local authorities and BCPG Go to Source Powered by WPeMatico
Layer1 Stabilizes Texas Grids With ‘Bitcoin Batteries’
Layer1 will release electricity in response to spikes in consumer demand that may threaten local power grids, such as during heatwaves Go to Source Powered by WPeMatico
Europe’s Top Miners Share Local Industry Insights
A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs. Go to Source Powered by WPeMatico
