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Nalezeno "electricity losses": 2

$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan

31.7.2023
Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan...

An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

3.3.2021
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year...