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Iran’s Vice President Orders Licensed Crypto Miners To Suspend Operations

As Iran’s electricity disruptions continue, the country's Vice President has now charged all Bitcoin miners to stop operations altogether. Electricity Crisis May Continue Until August The Vice President, Eshaq Jahangiri, said that the current electricity situation for Iranians is likely to continue until early August. дальше »

2021-7-8 22:19


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Miami Mayor Reveals Plans to Attract Chinese Bitcoin Miners Looking for Crypto-Friendly Pastures

Bitcoin miners who have been evicted from China as a result of the new crackdown could soon be able to find a home in Miami, Florida. Francis Suarez, the city’s mayor, recently revealed that he is working to reduce electricity costs in order to draw in more crypto miners to the region. Attracting Bitcoin MinersRead More дальше »

2021-6-18 15:31


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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, […] дальше »

2021-5-23 07:00


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Iran to Fine Crypto Miners Using Household Electricity

The Iranian government has introduced a new policy against cryptocurrency miners who use household electricity for their mining activities.  Iran to Crackdown on Illegal Mining Activities  According to Tehran Times on Sunday, (Amy 16, 2021), a spokesperson for Iran’s Ministry of Energy, Mostafa Rajabi Mashhadi, said that the government would impose a hefty fine onRead More дальше »

2021-5-18 12:00


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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. дальше »

2020-9-2 12:50


Venezuela Bans Crypto Mining At Government Provided Housing Due to Energy Demands

The Venezuelan government outlaws mining of Bitcoins (BTC) in any state-owned public housing projects due to ‘high electricity consumption’ and ‘disruption of the national grid supply. ’ However, a group of critics on the moving state the problems facing electricity in the country are inherent to the government’s negligence. дальше »

2020-7-20 17:00