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3232At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
https://www.digit.info/at-least-1000-lawsuits-filed-against-crypto-miners-in-russias-irkutsk-region/
Tue, 14 Feb 2023 05:45:02 +0000https://www.digit.info/2023/02/14/at-least-1000-lawsuits-filed-against-crypto-miners-in-russias-irkutsk-region/Read more]]>Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of the distribution networks. Hundreds of Crypto Miners Sued in Irkutsk for Extracting Digital […]
]]>Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
https://www.digit.info/utility-seeks-800000-from-russians-mining-crypto-with-cheap-power/
Thu, 27 Jan 2022 07:00:10 +0000https://www.digit.info/2022/01/27/utility-seeks-800000-from-russians-mining-crypto-with-cheap-power/Read more]]>The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity. Power Utility Takes Crypto Miners to Court […]
]]>Power Outages in Russia’s Irkutsk Region Blamed on Home Miners
https://www.digit.info/power-outages-in-russias-irkutsk-region-blamed-on-home-miners/
Sun, 02 Jan 2022 21:00:29 +0000https://www.digit.info/2022/01/02/power-outages-in-russias-irkutsk-region-blamed-on-home-miners/Read more]]>Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source of income for many locals. Electricity Consumption Spikes Amid Spread […]
]]>Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates
https://www.digit.info/power-utility-sues-russians-mining-cryptocurrency-at-their-homes-raises-electricity-rates/
Sun, 12 Dec 2021 13:30:43 +0000https://www.digit.info/2021/12/12/power-utility-sues-russians-mining-cryptocurrency-at-their-homes-raises-electricity-rates/Read more]]>A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to court and has already won some of the cases. Power Utility Goes After Crypto Miners Using Subsidized Electricity to Mint Digital Coins Irkutskenergosbyt, a power […]
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of the distribution networks. Hundreds of Crypto Miners Sued in Irkutsk for Extracting Digital […]
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity. Power Utility Takes Crypto Miners to Court […]
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source of income for many locals. Electricity Consumption Spikes Amid Spread […]
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to court and has already won some of the cases. Power Utility Goes After Crypto Miners Using Subsidized Electricity to Mint Digital Coins Irkutskenergosbyt, a power […]