Cryptocurrency Mining Could Crash The Entire Power Grid Of Abkhazia
The tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already...
Bitcoin Mining Wasteful? Christmas Lights Use More Energy Than Some...
Think mining bitcoin is a waste of energy? Then you better ignore the energy consumption of US Christmas lights every year, which uses more electricity than some countries. Energy...
Québec Charging Cryptocurrency Miners Double for Electricity
The Canadian province of Québec has been given permission to charge cryptocurrency miners higher electricity rates than those charged to residential customers. Canada has never been...
New Power Rates for Cryptocurrency Miners in Upstate New York
The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the...
Bitcoin Mining Isn’t As Energy-Consumptive As Researchers Claim
Earlier this week, a study published by Dutch researcher Alex de Vries concluded that Bitcoin mining uses almost as much electricity as the entire Republic of Ireland — but should...
Power Utility Heightens Security Due to Angry Crypto Mining Operators
The Chelan County Public Utility District (PUD) in Washington state is heightening its security over fears of angry Bitcoin mining operators who are being shut down. As some countries...
First Ever Blockchain Energy Trade Completed in the UK
Verv has added another first to its list of achievements in the energy trading business. The company’s smart hub has been used to facilitate the first blockchain energy trade...
Crypto Mining Becoming a Concern in Some US Cities
As interest in cryptocurrencies continues, so does FOMO. Mining is one way to get in on the action, but some cities aren’t taking too kindly to the high power consumption that goes...
Upstate New York Forcing Out Cryptocurrency Miners
Looking to take advantage of low-cost electricity, cryptocurrency miners have set up shop in upstate New York — but municipal power authorities and locals aren’t welcoming...
Debunked: Top 5 Bitcoin Myths & Misconceptions
The mainstream press has a knack for giving airtime to Bitcoin naysayers who repeat the same tired arguments. Here are the top five most common myths presented against Bitcoin and why...
Russian Businessman Buys Power Plants for Cryptocurrency Mining
Taking matters into his own hands, a Russian businessman buys two electric power plants for the purposes of cryptocurrency mining. For those who are active participants in...
Meshcrafts Wants To Decentralize The Way We Charge Electric Vehicles
Technology is both a godsend a curse at the same time. On the one hand, technology allows us to accomplish many great things which previously either laborious or simply impossible...