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Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners


Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...

Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half


Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half. Bitfarms, which provides computing power to cryptocurrency networks such...

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