Search

Nalezeno "Electricity": 464

Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus


Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year, warned the members of the industry. Miners...

Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use


Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...

Laos Cuts Power Supply To Crypto Mining Firms, Cites Production Concerns


Electricite du Laos (EDL), the state-run power distribution company, has announced a major cut to crypto mining firms in the country, swerving from its pro-crypto stance since 2021. According to local news reports, the country cites several reasons for the sudden decision ranging from electricity...

Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds


Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid, heatwaves, and the war in Ukraine render bitcoin mining...

Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy


A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides incentives for increased renewable energy production....

$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan


Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan...

Chinese Firms Using Digital Yuan to Pay Electricity Bills


Energy providers in China are adding digital yuan payment options, allowing companies and individuals to settle their bills in the nation’s central bank digital currency (CBDC). Per the news outlet Dizo, the city of Suzhou’s Xiangcheng District’s drainage and sanitation companies recently used...

Nahoru
Tento web používá k poskytování služeb a analýze návštěvnosti soubory cookie. Používáním tohoto webu s tímto souhlasíte. Další informace