Energy – Page 15 – DIGIT INFO

Canadian city plans to supply residents’ heat using Bitcoin mining

The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000.

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Too early to talk about using crypto for oil trading, says Putin

The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”

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Lawmakers in Kazakhstan Propose Registration for Crypto Farms, Higher Electricity Rate for Miners

Members of the parliament in Kazakhstan have proposed the establishment of a state register for cryptocurrency farms operating in the country. Alarmed by the growing consumption of energy in the sector, the lawmakers also want to charge miners a higher price for the electricity they use. Mazhilis Members Want Miners in Kazakhstan to Register With […]

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Canadian Bitcoin mining firm Link Global faces $5.6M penalty

Link Global has received an extension to Oct. 14, 2021, as the deadline for filing its response to the action.

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Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners

The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More for Electricity Companies operating crypto mining facilities in Kyrgyzstan will […]

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El Salvador president teases geothermal Bitcoin mining farm

El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility.

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Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030

New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade.

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Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility Confiscates More Than 216,000 Mining Units From Unlicensed Miners in Iran Preventing blackouts remains […]

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Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities

A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more efficient management of their resources and […]

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Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners

Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian […]

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