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New Research: Energy DLT Apps’ CAGR to Surge 67% Over the Next Decade
22.10.2019
Energy blockchain apps are estimated to grow 67% CAGR over the next 10 years, according to Navigant Research
Japan’s Kanto Region to Track Surplus Solar Energy with Power Ledger
3.10.2019
Australian energy tech firm Power Ledger to run blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019
Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners
30.9.2019
A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry
Government of Uzbekistan Triples Tax on Electricity for Crypto Miners
28.9.2019
The government of Uzbekistan orders a 300% increase on electricity tariffs for cryptocurrency miners
Despite Lower Prices, Bitcoin’s Hashrate Remains Strong
26.9.2019
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...
Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto
22.9.2019
An Armenian IT company illegally used $150,000 worth of electricity to mine crypto from inside a hydroelectric plant
Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption
20.9.2019
Kyrgyzstan cuts off power to 45 crypto mining firms as they consumed more energy than three local regions combined
German Firm Unveils Mobile Eco-Friendly Bitcoin Mining Containers
9.9.2019
Newly-developed mobile, air-cooled mining containers can house 144 ASIC miners each to optimize mobility and temperature control for mining pools
Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia
16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...
US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform
10.8.2019
The US Department of Energy grants $1.05 million to expand a blockchain-based energy management platform to the public
Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities
7.8.2019
Major Malaysian electric utility Tenaga Nasional Bhd has fallen victim to an illegal cryptocurrency mining operation, which resulted in a $760,736 loss
Man Takes Bitcoin Miner Seller to Tribunal Over Electricity Bill and Wins
6.8.2019
A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills
How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
22.7.2019
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining...
Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
12.7.2019
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into...
Energy Used by Idle Device in the U.S. Can Power Bitcoin For 4 Years
3.7.2019
Academic researchers at Cambridge University launched a real-time index that tracks the total electricity consumption of the bitcoin network
U.S. Clean Energy Firm Clearway Energy Will Test Blockchain for Renewable Energy Trading
29.6.2019
Clearway Energy Group to pilot program for trading renewable energy credits on a blockchain
Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines
28.6.2019
Following a surge in power consumption, Iranian authorities detected and seized 1,000 Bitcoin mining machines
Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
27.6.2019
On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames...
Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners
25.6.2019
Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...
Iranian Government to Cut Off Power to Crypto Mining Until Approval of New Energy Prices
25.6.2019
Iran plans to cut off power to crypto mining until new energy prices are approved, an official at Iran’s Ministry of Energy revealed