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Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates
23.10.2021
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from mining farms...
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
23.10.2021
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming...
You’re Probably Not Actually Stuck In Metroid Dread
22.10.2021
Maybe you’ve been playing Metroid Dread since it hit Nintendo Switch on October 8, but put it down out of frustration from being stuck in the dang game. Or is that just me? Good news: you’re not actually stuck. It’s just easy to not realize what blocks are destroyable while you’re exploring.Read...
Abkhazia to Build New Crypto Mining Technopark – and a Power Station to Fuel it
21.10.2021
The fate of Bitcoin (BTC) and crypto mining in the de facto Caucasus-based state of Abkhazia has taken another bizarre turn after the government announced it would be building a new IT park dedicated to mining tokens.
EADaily reported that the President of Abkhazia, Aslan Bzhania, made...
Facebook Chooses Coinbase to Power Novi
20.10.2021
Novi, Facebook’s new digital wallet, will use Coinbase’s security to facilitate global payments. In addition, Coinbase recently announced that Facebook had chosen the platform as its custody partner for Novi’s pilot. The announcement surged Coinbase’s use-cases, with new users looking for Coinbase...
Ghana Central Bank Working to Make CBDC Available to Offline Users
20.10.2021
The Ghanaian central bank is seeking to make its digital currency, the e-cedi, available to offline users, an official with the bank has said. Overcoming the Challenge of Limited Power According to Kwame Oppong, who heads fintech and innovation at the Bank of Ghana (BOG), the e-cedi is also...
Dear Metroid Dread: Samus Doesn’t Need To Be An Emotionless Robot To Be Badass
18.10.2021
Samus Aran.Read more
Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners
18.10.2021
Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting...
St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation
14.10.2021
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible...
Metroid Dread Players Discover Gnarly, Secret Way To Quick-Kill Kraid
11.10.2021
Kraid is a good boy. I don’t know why he’s locked up in a room full of boiling lava in Metroid Dread, which arrived on the Switch last Friday, but he doesn’t deserve it. If you’re a monster who’s willing to make his life even more terrible, however, players recently discovered a much easier way...
Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz
11.10.2021
Senator Cruz predicts that Bitcoin mining will be used to capture wasted renewables and Texas’ power grid within five years
Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
4.10.2021
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company installed several power plants without following legal procedures and alleges that, if the penalty is enforced, it will...
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
3.10.2021
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More...
Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions
3.10.2021
Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto miners who are taking advantage of its low electricity rates. Republic of Kazakhstan Sees...
Miami Mayor: China’s Crypto Crackdown ‘Creates Incredible Opportunity for America’ in Bitcoin Mining
30.9.2021
The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an incredible opportunity for America.” He said: “Their loss is our gain and America can and will lead the future by providing a clean power home...
Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility
29.9.2021
On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.”...
Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction
29.9.2021
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address the Senate Banking Committee and discuss inflation. In the remarks pre-published from...
Hands On: Metroid Dread's First Hour Is Legit Kinda Terrifying
27.9.2021
If there’s one thing I want from Metroid games above all else, it’s a feeling of dread.Read more
Bitcoin Miners Secure More Nuclear Deals Amid Climate Concerns
27.9.2021
r - stable and carbon-free power, the Wall Street Journal reported, citing “executives and analysts.” Also, this may be a pa
Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining
26.9.2021
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway republic of Georgia has been struggling with power shortages blamed on underground miners. 30,000...