Electricity

Kazakhstan Might Face Energy Crisis Because of Cryptocurrency Mining
Oct 20, 2021 at 12:34
News
Kazakhstan Might Face Energy Crisis Because of Cryptocurrency Mining
Due to the growing volume of cryptocurrency mining, Kazakhstan could suffer from energy shortages for its citizens. To counter this, the country's energy ministry has set consumption limits for miners.
Countries in Eastern Europe are Designing Special Electricity Prices for Cryptocurrency Miners
Oct 14, 2021 at 12:09
News
Countries in Eastern Europe are Designing Special Electricity Prices for Cryptocurrency Miners
Mining cryptocurrencies consumes a lot of energy. For this reason, some governments set special prices for miners. This trend seems to be particularly strong in the Eastern European region.
Kyrgyzstan is Pressing on Cryptocurrency Miners with Electricity Prices
Oct 05, 2021 at 12:12
News
Kyrgyzstan is Pressing on Cryptocurrency Miners with Electricity Prices
Kyrgyzstan has increased electricity fees for cryptocurrency mining farms. This is the country's attempt to alleviate the energy crisis allegedly caused by the miners' high consumption.
Another Illegal Mining Farm is Uncovered in Ukraine; The Amount of Damage is to be Investigated
Sep 28, 2021 at 10:40
News
Another Illegal Mining Farm is Uncovered in Ukraine; The Amount of Damage is to be Investigated
Ukrainian police have uncovered an illegal mining farm in the city of Kryvyi Rih. The farm was operated by a 32-year-old citizen in an ordinary flat. The operator is currently under arrest while the amount of damage is being investigated.
Excess Energy for Cryptocurrency; How Governments Utilize Energy Surplus for Mining
Sep 15, 2021 at 10:15
News
Excess Energy for Cryptocurrency; How Governments Utilize Energy Surplus for Mining
Governments are continuously recognizing cryptocurrency activities, including mining, through liberal legislation. Until recently, the surplus power was wasted. But some countries now want to use it for mining digital currencies.
The World is Switching to Green Energy for Mining While China Bans it
Aug 26, 2021 at 10:40
News
The World is Switching to Green Energy for Mining While China Bans it
Energy consumption in mining cryptocurrencies is a problem for most countries in the world. Countries are looking for energy efficient ways to produce cryptocurrency. However, some of them are doing the opposite and cracking down on miners of digital currencies.
Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
Jul 22, 2021 at 12:17
News
Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
As the saying goes "one man's trash is another man's treasure", China has kicked out 90% of Bitcoin miners, but the rest of the world seems to be benefiting from the move. Kazakhstan is now reaping the benefits of crypto miners fleeing China, while Beijing continues to lose revenue and vital technology.
Benefits of Investing in Cloud Mining on the BitPowerMining Platform
Jul 21, 2021 at 08:48
News
Benefits of Investing in Cloud Mining on the BitPowerMining Platform
Interested in mining but don't want to rack your brains over equipment maintenance? Expensive equipment and high electricity prices made regular home mining unprofitable. But there is a solution to this problem - investment cloud mining.
Inside China's Crypto Mining Industry Crackdown: What Exactly Makes Beijing Ban Operations?
Jun 30, 2021 at 12:24
News
Inside China's Crypto Mining Industry Crackdown: What Exactly Makes Beijing Ban Operations?
Although China has cracked down on cryptocurrencies in recent years, it remains the largest bitcoin mining country in the world, with more than 65% of the total hashrate.
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