2021-4-29 10:43 |
Bitcoin’s electricity bill has been attracting the attention of regulators worldwide.
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The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review.
2021-3-5 11:30 | |
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Bill Gates argues that Bitcoin is bad for climate due to its electricity consumption
2021-2-25 09:31 | |
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Crypto payments network Electroneum is expanding its utility bill and mobile phone airtime top-up coverage to more countries in Africa.
2021-1-9 12:07 | |
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Russia’s national power grid company Rosseti is testing a system for electricity bill payments based on a distributed ledger by Waves.
2019-12-11 23:57 | |
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A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.
2019-9-30 15:00 | |
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Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019.
2019-8-9 17:00 | |
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A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills.
2019-8-6 14:15 | |
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Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries.
2019-1-2 12:35 | |
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No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Low Cost Electricity […]
2018-12-14 00:17 | |
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As if it hadn’t already given cryptocurrency enthusiasts enough reasons to hate it, Google has now taken a dig at the usefulness of cryptocurrencies. In a recent advertisement for its call screening service, the search engine giant mocked cryptocurrency’s high electricity consumption – and then went on to say that “it is not real money.
2018-10-10 16:19 | |
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Chinese Miner Arrested After Stealing Electricity To Mine BTC Everybody wants the profit but not everybody wants to pay their electricity bills, right? Unfortunately, unless you are a certain Chinese man, you cannot get electricity for free and, even in his case, he ended up being arrested. The protagonist of this odd story is Xu […]
2018-10-8 22:10 | |
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I’ve heard some pretty innovative ways to avoid the electricity bill while mining cryptocurrency, but this is a new one. A Chinese man has been stealing electricity from a local railway network operator in order to power his Bitcoin mining rigs.
2018-10-8 15:45 | |
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Chinese police, recently, seized over 200 computers used to mine the digital currencies Bitcoin and Ethereum after a miner tried to defraud an electricity company over his power bills. The Xinhua News reported that the man stole 150,000kW hours of electricity in just one month.
2018-6-26 22:32 | |
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Currently, Bitcoin mining’s profitability hinges on a temporary subsidy. Emerging technologies supporting steady Bitcoin use cases are required to sustain transaction revenue growth.
Antpool, the second-largest Bitcoin (BTC) mining pool, recently made headlines by successfully mining seven consecutive blocks on May 17, sparking worries within the cryptocurrency community about network security.
While large investors appear to demonstrate their interest in Bitcoin, the growth has yet to accelerate in order to make the rally sustainable, analysts at CryptoQuant say. The price of Bitcoin managed to recover to the $66,000 mark late Wednesday…
Canaan (CAN) Inc CEO Nangeng Zhang shares his outlook on the future of bitcoin mining efficiency, chip design and opportunities in artificial intelligence.
Analysts at blockchain firm Kaiko say Bitcoin’s recent halving might soon force miners to sell their crypto holdings. Bitcoin miners are starting to feel pressure as daily average network fees, which spiked after the halving, have begun to decline, according…
The United States government has ordered a Chinese-backed cryptocurrency mining company to stop constructing a mine in Wyoming. According to the May 13 order signed by President Joe Biden, MineOne Cloud Computing Investment and its partners will be required to…
Bitcoin mining difficulty has dropped to its lowest level since December 2022.
