Electricity

Chinese Vampires Turn to Bitcoin Mining; an Illegal Farm Discovered Under a Cemetery
Jun 05, 2020 at 10:03
News
Chinese Vampires Turn to Bitcoin Mining; an Illegal Farm Discovered Under a Cemetery
If you ever thought only gold, diamond, or oil were found underneath the ground, you might be wrong in the 21st Century world as recent cases of bitcoin mining have proved that crypto mines equally do well underground. Chinese police have discovered an illegal Bitcoin mining farm beneath a cemetery.
2 Days to Bitcoin Halving: Countries Create Favourable Conditions for Mining
May 10, 2020 at 13:20
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2 Days to Bitcoin Halving: Countries Create Favourable Conditions for Mining
As the 3rd Bitcoin halving event scheduled for March 12 nears, many countries are rethinking their opinion on crypto mining. Sichuan, which initially banned crypto production, is now backing it and will lower electricity cost for miners.
Blockchain Technology Working Group established in Kentucky, USA
Apr 28, 2020 at 13:29
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Blockchain Technology Working Group established in Kentucky, USA
On April 24, The governor of Kentucky endorsed a six-member Blockchain Technology Working Group charged with the responsibility of examining the applicability of blockchain technology for safeguarding the various utility sectors including electricity, water, telecom, and more.
Akon cryptocurrency cities expanding on the African continent
Apr 19, 2020 at 13:22
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Akon cryptocurrency cities expanding on the African continent
Akon, a former R&B singer and rapper, has cracked a deal with a Kenyan billionaire to set up a second smart city powered by the Akoin cryptocurrency.
Blockchain Technology to Transform the Renewable Energy Sector in Korea
Feb 10, 2020 at 14:40
News
Blockchain Technology to Transform the Renewable Energy Sector in Korea
There is a blockchain-based project in Korea that combines distributed ledger technology (DLT) and renewable energy. This project is potentially able to solve problems and issues of the modern renewable energy industry.
Blockchain Revolutionizing Electricity Networks and Infrastructure
Feb 03, 2020 at 08:10
News
Blockchain Revolutionizing Electricity Networks and Infrastructure
The transition to a new energy balance and sustainability passes through a new management of the networks, or rather a new conception of the networks themselves. And a key role for this new perspective can be played by the cryptocurrency, blockchain and distributed ledger technology (DLT).
Elon Musk Relaunches Solar Power Service in USA. Will It Boost Bitcoin Mining?
Aug 21, 2019 at 10:36
News
Elon Musk Relaunches Solar Power Service in USA. Will It Boost Bitcoin Mining?
Popular technology entrepreneur Elon Reeve Musk has rerolled out Tesla’s residential solar-power service, a new step for electricity users. Tesla is now planning to initiate its solar-panel business by allowing clients rent their rooftop systems instead of purchasing them.
Chinese Police Have Confiscated Illegal Mining Devices
Jul 14, 2019 at 14:48
News
Chinese Police Have Confiscated Illegal Mining Devices
Police detectives in the Chinese City of Zhenjiang recently confiscated about 4,000 bitcoin mining computers. According to the police, the miners illegally connected their mining machine to the Electricity grid. Further report indicates that electricity worth more than $3m was illegally used for mining.
China Bans Bitcoin & Cryptocurrency Mining
Apr 10, 2019 at 17:16
News
China Bans Bitcoin & Cryptocurrency Mining
The People’s Republic of China, the world’s largest market for computer hardware created to mine Bitcoin (BTC), has totally banned crypto mining in the country in order to stop the growing pressure on government from the cryptocurrency industry. No time limit for the ban has been set.
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