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3232Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia
https://www.digit.info/amid-high-energy-demand-from-miners-russia-mulls-building-new-power-plants-in-siberia/
Sun, 01 Jan 2023 10:00:58 +0000https://www.digit.info/2023/01/01/amid-high-energy-demand-from-miners-russia-mulls-building-new-power-plants-in-siberia/Read more]]>Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal to introduce higher tariffs for Russians minting digital coins at their homes. Authorities in […]
]]>Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
https://www.digit.info/sweden-needs-power-for-more-useful-things-than-bitcoin-mining-energy-minister-says/
Mon, 18 Jul 2022 04:30:17 +0000https://www.digit.info/2022/07/18/sweden-needs-power-for-more-useful-things-than-bitcoin-mining-energy-minister-says/Read more]]>Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a media report revealed. Crypto Miners […]
]]>Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages
https://www.digit.info/kazakhstan-president-demands-urgent-regulation-of-crypto-mining-amid-power-shortages/
Thu, 04 Nov 2021 12:30:48 +0000https://www.digit.info/2021/11/04/kazakhstan-president-demands-urgent-regulation-of-crypto-mining-amid-power-shortages/Read more]]>Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding coin minting sector. President Tokaev Calls for Legislative Regulation […]