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Ban on Crypto Mining in Residential Areas Proposed in Russia


Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent fires in residential buildings. Amateur miners have been blamed for high loads on the grid causing breakdowns and blackouts. Energy...

Xbox Is About To Get Some Big Energy Saving Updates


Today, Microsoft announced a bunch of energy-saving updates coming to the Xbox One and Xbox Series X/S. Naturally, these updates came packaged with the humble brag that Xbox is the first carbon-aware console. Read more

Germany’s 2022 Inflation Rate the Worst in More Than 30 Years


In a year that was characterized by surging energy and food prices, Germany’s average inflation rate in 2022 rose to 7.9% up from the 3.1% seen in 2021. Russia’s invasion of Ukraine, as well as the supply bottlenecks resulting from the war, are said to be among the factors that helped...

Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?


Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin and the crypto ecosystem for the past year. These included the top price of bitcoin, the influence of the cryptocurrency on U.S. elections, the issuance of...

Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions


2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on...

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG


The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per second (EH/s) of Greenidge’s mining capacity...

Russian Energy Companies Crack Down on Domestic Crypto Miners


Russian energy providers are hunting illegal crypto miners who plying their trade from home, the government has said. Per Izvestia, the Deputy Energy Minister Pavel Snikkars stated that some “home”-based miners have successfully changed the load profile of their electrical connections – allowing...

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