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Bitcoin Miners Could Go Nuclear in Kazakhstan as Gov’t Plans New Power Plant
30.12.2021
The government of Kazakhstan is debating a plan to build a nuclear power plant that could help the country to strengthen its Bitcoin (BTC) and crypto mining sector in the longer term.
According to the media outlet Vedomosti, the Minister of Energy, Magzum Mirzagaliyev, told reporters that...
Power Deficit Forces Crypto Miners to Leave Kazakhstan
29.12.2021
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy...
Pomp tells CNBC there's no need to apologize for Bitcoin's energy use
29.12.2021
The Bitcoin podcaster and influencer said: “we shouldn’t apologize for Bitcoin’s energy usage, crucial things in the world use energy.”
Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’
27.12.2021
The digital currency cardano has jumped over 8% in value during the last 24 hours and 25% over the last seven days. The price move follows an update on Charles Hoskinson’s and IOHK’s plans for the Cardano network in 2022. Charles Hoskinson’s 2022 Cardano Outlook: ‘A...
Iran halts authorized crypto mining to save energy for winter
27.12.2021
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer
Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts
26.12.2021
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms...
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners
25.12.2021
The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia...
Illegal Crypto Miners Threatened With Jail Time in Russia
17.12.2021
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state...
Russian Crypto Miners Tell Lawmakers: ‘Hurry up and Legalize Our Industry’
16.12.2021
Russian crypto miners say they want their industry to be legalized – and hope that official status could help them avoid spats with power providers.
Lenta reported that the situation for miners in the Irkutsk Oblast in Siberia has deteriorated of late....
Read More: Russian Crypto Miners Tell...
Bitcoin Mining Hash Rate to Double in 2022, Compute North CEO Predicts
16.12.2021
With all of the new capacity that is being promised by major bitcoin (BTC) miners, the bitcoin network’s hash rate – or the computing power that goes into mining new coins – is likely to grow twice the current number over the following year, suggested Dave Perrill, CEO of mining infrastructure...
Economist Mohamed El-Erian Says Fed’s Characterization of Inflation as ‘Transitory’ the ‘Worst Call in History’
13.12.2021
On Monday, December 13, following Friday’s U.S. consumer price index report published by the Bureau of Labor Statistics, Americans are discussing the Federal Reserve. Thousands of tweets concerning the Federal Reserve topic have been trending on Twitter, as inflation has gripped the U.S....
Enterprise blockchain to play a pivotal role in creating a sustainable future
11.12.2021
Companies are turning to enterprise blockchain-based solutions to meet environmental sustainability goals as well as business demands
Inflation Plagues American Economy: US Consumer Prices See Fastest Rise in Close to 40 Years
11.12.2021
The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago. It’s the largest rise in close to forty years, and U.S. policymakers are backing away fast from saying inflation...
Ethereum transaction energy use equals to 2.5 miles in a Tesla Model 3, report
9.12.2021
One Ethereum transaction uses enough energy to power a house all day, but how much does the fiat financial system use?
Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages
9.12.2021
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away...
Video Game Giant Ubisoft Launches NFT Platform, Software Firm’s Blockchain-Tech Runs on Tezos
8.12.2021
The French video game manufacturer based in Montreuil, Ubisoft Entertainment SA, has announced the company has launched a blockchain-based platform called Ubisoft Quartz. According to the company, the platform will enhance specific games with playable and energy-efficient non-fungible token (NFT)...
Spicy Sections
7.12.2021
What if HTML had “tabs”? That would be cool, says I. Dave has been spending some of his time and energy, along with a group of “Tabvengers” from OpenUI, on this. A lot of research leads to a bit …
Ubisoft launches Ubisoft Quartz platform for playable and energy-efficient NFTs
7.12.2021
Starting with Ghost Recon Breakpoint, Ubisoft will drop NFTs to PC players on Thursday on the Tezos blockchain
Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’
6.12.2021
El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib...
More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan
28.11.2021
Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming public opinion that they are responsible for the country’s electricity...