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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
Bitmain Launches Low-Cost Special Edition Antminer S9
18.6.2019
On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original...
Blockchain-Based Energy Trading Firm to Optimize Solar Energy Distribution in Austria
18.6.2019
DLT-enabled energy trading firm Power Ledger will roll out its app in Austria's second-largest city of Graz to optimize energy distribution
China: Locals Allegedly Laying Cable via Fish Ponds to Steal Oil Well Power for BTC Mining
13.6.2019
Police in China have reportedly gathered evidence of people laying cables via fish ponds to steal oil well power to fuel their bitcoin (BTC) mining
Iran’s Energy Minister Wants Crypto Miners Charged Real Electricity Prices
10.6.2019
Iran’s deputy energy minister has said that power bills for crypto mining should be calculated in real electricity prices and no longer subsidized
Crypto Miners’ Electricity Shouldn’t Be Subsidized: Iranian Energy Minister
10.6.2019
Low electricity costs make Iran a popular mining destination. That could change
74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report
7.6.2019
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares...
Chinese Authorities to Investigate Illegal Mining Farms at ‘Global Mining Capital’ Sichuan
30.5.2019
Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province