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Power Outages in Russia’s Irkutsk Region Blamed on Home Miners


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...

China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations


The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...

Russia, Ukraine Shut Down Several Cryptocurrency Farms


Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining...

Lucky Kids In Japan Are Getting A Pokémon Playground


Chansey’s name in Japanese is Rakkii (ラッキー ) or “lucky,” and that’s exactly what kids in Namie, Fukushima prefecture are. The character is getting its own playground in the city, and it looks sweet. Read more

Bitcoin Dominance Slides Below 40% for First Time in 6 Months


During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the...

Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs


Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nation’s power grid and that they are still trying to estimate...

Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares


A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials...

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