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Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity
9.6.2020
Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network
Illegal Miners in Russia Stole $6.6M-Worth of Electricity, Power Grid Firm Says
8.6.2020
Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says
Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China
4.6.2020
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan...
Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support
1.6.2020
On May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid Shop is now live and accepting cryptocurrencies like bitcoin cash for payments. The team at Uquid has dubbed the market the “world’s biggest digital shop for crypto users is ready to launch...
Electroneum to Launch Electricity Top-Ups Across Africa
28.5.2020
Crypto payments network Electroneum takes aim at expanding to African countries with new electricity top-up feature
Power Ledger Brings Peer-to-Peer Renewable Energy Trading to Thailand
25.5.2020
Australia’s Power Ledger will be deploying its renewable energy trading technology in Thailand through a partnership with local authorities and BCPG
Layer1 Stabilizes Texas Grids With 'Bitcoin Batteries'
22.5.2020
Layer1 will release electricity in response to spikes in consumer demand that may threaten local power grids, such as during heatwaves
Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...
Europe’s Top Miners Share Local Industry Insights
10.5.2020
A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs
Europe’s Biggest Nuclear Station Might Give Electricity to Bitcoin Miners
6.5.2020
Cooling towers at Zaporizhzhia Nuclear Power Station. Ukraine’s plan to offset the financial chaos of the coronavirus pandemic might involve nuclear-powered cryptocurrency mining, says its energy ministry.
Yesterday, the country’s Ministry of Energy and Environmental Protection announced that...
IBM Teams With 3 European Power Grids to Build Green Energy Blockchain Platform
5.5.2020
IBM has created a new blockchain consortium with power grid operators TenneT, Swissgrid and Terna to help facilitate the transition to renewable energy
Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm
29.4.2020
The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable...
Power Ledger Rolls Out Blockchain-Based Solar Energy Trading in Western Australia
22.4.2020
Power Ledger has just signed a deal with the largest medium-density residential developer in Perth to roll out its blockchain-based solar energy trading platform
New York Power Plant Sells Bitcoin Hashpower to Institutional Investors
10.4.2020
A New York mining facility has sold 106 petahash of computing power using a new, regulated instrument: a Bitcoin hashpower contract
Court Backs County for Electricity Price Hike Targeting Crypto Mining
14.3.2020
A Washington court has sided against six crypto mining entities who sued Grant County for upping the electricity prices it charged to “emerging industries” in 2018
Unibright to Pilot Blockchain-Based Renewable Energy Trading in Germany
10.3.2020
Unibright will provide its technology to Wasserkraft Mittelrhein in the roll-out of its “power-buoy” project
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions
1.3.2020
Digiconomist’s founder has claimed the power expended in a single BTC transaction could power a British household for two months
For Crypto Miners, Bitcoin’s Halving Could Mean a Doubling in Costs
14.2.2020
To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
12.2.2020
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable...
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...