Energy – Page 17 – DIGIT INFO

New project aims to bring global crypto miners to Russia

Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies.

Go to Source

Digital Euro Project Gets Going as ECB Launches Investigation Phase

After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at a “negligible” cost to the environment, in comparison with bitcoin. Eurosystem Initiates Digital Euro Project The […]

Go to Source

China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports

Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice for bitcoin farms across the country. Anhui to Halt Bitcoin Mining […]

Go to Source

China shuts down crypto mining in Anhui province

The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations.

Go to Source

Bitcoin electricity consumption falls to November 2020 levels: Data

Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data.

Go to Source

Licensed Iranian crypto miners ordered to halt production ‘altogether’

Even Iran’s Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country’s power grid.

Go to Source

Ukraine Shuts Down Illegal Mining Farm With 150 Rigs

Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Authorities in Ukraine Seize Over 150 ASICs From Crypto Mining Farm The Security Service of Ukraine (SBU) […]