Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto
An Armenian IT company illegally used $150,000 worth of electricity to mine crypto from inside a hydroelectric plant Go to Source Powered by WPeMatico
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Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption
Kyrgyzstan cuts off power to 45 crypto mining firms as they consumed more energy than three local regions combined Go to Source Powered by WPeMatico
German Firm Unveils Mobile Eco-Friendly Bitcoin Mining Containers
Newly-developed mobile, air-cooled mining containers can house 144 ASIC miners each to optimize mobility and temperature control for mining pools Go to Source Powered by WPeMatico
Malaysia’s Electric Utility Says Bitcoin Miners Stole $25M in Power
Malaysian power utility firm Tenaga Nasional Bhd is imposing stricter measures on power thieves amid millions lost to Bitcoin miners Go to Source Powered by WPeMatico
US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform
The US Department of Energy grants $1.05 million to expand a blockchain-based energy management platform to the public Go to Source Powered by WPeMatico
Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities
Major Malaysian electric utility Tenaga Nasional Bhd has fallen victim to an illegal cryptocurrency mining operation, which resulted in a $760,736 loss Go to Source Powered by WPeMatico
Japanese General Trading Company Backs Blockchain Platform for Wind, Solar
Major Japanese general trading firm Marubeni Corp. has backed WePower, a blockchain-based energy project Go to Source Powered by WPeMatico
How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining is actually helping electricity producers prevent energy waste. … Read more
Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners
The Iranian Economic Commission has reportedly finalized a power pricing scheme for cryptocurrency miners Go to Source Powered by WPeMatico
Police in China Seizes 4,000 Crypto Miners After Abnormal Energy Spike
Police in China arrested 22 suspects involved in illegal crypto mining resulting in energy loss worth of nearly $3 million Go to Source Powered by WPeMatico
