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Iran has granted bitcoin miners exclusive access to electricity generated from three power plants for their mining activities, according to state power utility Thermal Power Plant Holding Company (TPPH). Mohsen Tarztalab, managing director of TPPH, told a local news agency on Monday that the “necessary equipment has been installed in three power plants of Ramin, … Read more
Just recently, the firm Arcane Research recently revealed a number of screenshots from the publicly traded energy firm, Equinor. The pictures show the multinational company leveraging natural gas flaring to power bitcoin mining operations. In recent years, using the unorthodox gas flaring scheme to mine bitcoin has become more prominent worldwide. The Norwegian state-owned multinational … Read more
Just don’t use work resources for personal gain. Go to Source Powered by WPeMatico
That may not necessarily be a good thing for the struggling state. Go to Source Powered by WPeMatico
Nvidia is trying not to hand over internal documents to plaintiffs who allege that the GPU manufacturer misrepresented its financials during the 2017 bull run. Go to Source Powered by WPeMatico
It is already illegal to mine crypto within the de facto state. Go to Source Powered by WPeMatico
North America now has its own Bitmain repair center. Go to Source Powered by WPeMatico
Aberdeen, Hong Kong, September 16, 2020. – More than 10 years after the first cryptocurrency was successfully mined, the mining space is more controversial than ever. The process was created to be democratic; to allow any PC with spare computing resources to contribute the surplus to help maintain the cryptocurrency network and earn rewards in … Read more
It seems that the private sector is not satisfied with the country’s local fiat money. Go to Source Powered by WPeMatico
Miners in Russia are purportedly buying more equipment amid regulatory uncertainty. Go to Source Powered by WPeMatico
