Chinese Mining Facilities Face Shutdown as Texas Continues to Impress

Chinese Mining Facilities Face Shutdown as Texas Continues to Impress
фото показано с : btcmanager.com

2021-6-17 01:00

All mining facilities in Xinjiang, Inner Mongolia, and Qinghai provinces have been shut down. China has long accommodated over half the world’s bitcoin miners, but now, Beijing wants them out ASAP.

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mining facilities half world long china accommodated

Источник: btcmanager.com

mining facilities → Результатов: 74


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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption

Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […]

2021-5-23 07:00


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Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%

On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan […]

2021-4-22 17:30


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Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft

Sept 1, 2020 — Two Malaysian cryptocurrency mining facilities have been raided by law enforcement for an alleged electricity theft totaling more than $600k. According to reports by local news outlet The Star, the raids were conducted as a joint operation between Malaysia’s Energy Commission, the Tenaga Nasional Berhad (TNB) power utility firm, and local […] The post Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft appeared first on BeInCrypto.

2020-9-2 12:50


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2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News.

2020-7-24 03:00


HIVE Blockchain to expand Sweden Ethereum (ETH) mining facility by 20%

HIVE Blockchain Technologies, an owner and operator of cryptocurrency mining facilities, announced today that it has initiated an expansion of its flagship GPU-based mining facility in Sweden. This expansion is anticipated to result in a more than 20% increase in the facility’s Ethereum mining production capabilities while improving the gross mining margin by leveraging its […] CryptoNinjas: HIVE Blockchain to expand Sweden Ethereum (ETH) mining facility by 20%

2020-3-7 23:11


Global Mining Leaders Summit 2019

A lot has taken place in the world of crypto mining this year. Bitcoin hash rate and difficulty levels have hit record highs. New companies such as Blockstream have ventured into space while existing companies have expanded their infrastructure with new facilities dedicated towards mining being developed but the biggest mining event of the year […] The post Global Mining Leaders Summit 2019 appeared first on AMBCrypto.

2019-9-9 18:30


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Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid.

2019-6-26 00:30


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Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take […] The post Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners appeared first on Bitcoin News.

2019-3-30 19:20


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