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Bhutan spends 5% of its GDP on mining bitcoin
Concealed amidst the grandeur of the Himalayas, Bhutan, the quaint nation, harnesses its plentiful hydroelectric capabilities, comprising 30% of its GDP, to electrify the households of nearly all its 800,000 inhabitants. дальше »
2023-5-1 12:32 | |
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Green Energy: In NY, Bitcoin Mining Saved The Oldest Working Hydroelectric Plant
Another day, another hydroelectric plant saved by Bitcoin mining. For the untrained eye, the narrative that says that Bitcoin incentivizes green energy might seem convenient. However, each day more concrete examples come to light. дальше »
2022-1-18 06:05 | |
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Laos expects crypto mining to deliver these gains
One relatively more affordable place to mine Bitcoin in Asia (excluding China) is Laos, thanks to its hydroelectric potential and electricity prices. What's more, the landlocked country with a populatThe post Laos expects crypto mining to deliver these gains appeared first on AMBCrypto. дальше »
2021-11-5 23:30 | |
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Russia Has No Plans to Ban Cryptocurrencies Unlike China, says Deputy Finance Minister
A Siberian region, which relies heavily on hydroelectric power and is known for its cheap electricity, also saw its energy consumption surging 159% due to an “avalanche” of crypto-mining. The post Russia Has No Plans to Ban Cryptocurrencies Unlike China, says Deputy Finance Minister first appeared on BitcoinExchangeGuide. дальше »
2021-10-14 23:28 | |
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Laos considers own digital currency, initiates joint-study with Japan fintech startup
Though landlocked, Laos is famous for its splendid waterfalls and consequently, its hydroelectric potential. Last month, the Laotian government shifted its stance, allowing six companies to mine and tThe post Laos considers own digital currency, initiates joint-study with Japan fintech startup appeared first on AMBCrypto. дальше »
2021-10-3 11:30 | |
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Monthly Report: Bitcoin Miners cut off from hydroelectric power in China’s Yingjiang County
Here are the top news from the cryptocurrency industry from this month Hydroelectric plants… The post Monthly Report: Bitcoin Miners cut off from hydroelectric power in China’s Yingjiang County appeared first on Coin Journal. дальше »
2021-8-27 14:49 | |
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How Canada’s Outstanding Hydroelectric Power Can Single-Handedly Fix Bitcoin’s Energy Consumption Dilemma
For a long while, the huge amounts of energy used by the Bitcoin network in mining the cryptocurrency have been a subject of discussion. Many have decried the network to be bad for the environment, as the high energy usage could be contributing to climate change. дальше »
2021-8-19 22:57 | |
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123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid
On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. дальше »
2021-7-9 23:00 | |
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Bitcoin Miner Using 99% Hydroelectric Renewable Energy Starts Trading on Nasdaq Next Week
Bitfarms will become the largest publicly traded Bitcoin miner in North America using more than 99% hydroelectric renewable electricity. The post Bitcoin Miner Using 99% Hydroelectric Renewable Energy Starts Trading on Nasdaq Next Week first appeared on BitcoinExchangeGuide. дальше »
2021-6-19 21:25 | |
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Sunday Digest: Bitcoin Price And John McAfee’s Appendage
The British Queen and Prince Harry are having crisis talks, after the latter said that he didn’t really want to be royal any more, and was moving to Canada with wife, Meghan. We cannot confirm or deny rumors that his real motivation might be more to do with cheap hydroelectric energy and atmospheric cooling for a planned Bitcoin mine. дальше »
2020-1-13 20:00 | |
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Sunday Digest: Bitcoin Price And John McAfee’s Wang
The British Queen and Prince Harry are having crisis talks, after the latter said that he didn’t really want to be royal any more, and was moving to Canada with wife, Meghan. We cannot confirm or deny rumors that his real motivation might be more to do with cheap hydroelectric energy and atmospheric cooling for a planned Bitcoin mine. дальше »
2020-1-12 20:00 | |
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New Siberian Bitcoin Mining Farm is Russia’s Largest
BitRiver, the newly launched mining farm in Siberia, is now Russia’s largest bitcoin (BTC) mining facility. Mining billionaire Oleg Deripaska’s venture is already attracting large-scale clients, reports Bloomberg. дальше »
2019-11-24 19:21 | |
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China Won’t Be Banning Bitcoin Mining Activities in the Country
Coinspeaker China Won’t Be Banning Bitcoin Mining Activities in the CountryGreat news for cryptocurrency miners as they can now leverage China's abundant supply of cheap and affordable hydroelectric power for Bitcoin mining activities. дальше »
2019-11-7 16:18 | |
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Bitcoin (BTC) Mining is Actually Green
Bitcoin (BTC) mining uses up as much electricity as Austria in a year, at 73. 12 TW/h, shows data collected by Digicomist. com. This exorbitant energy use is viewed as one of the strongest arguments that mining is an activity extremely damaging to the environment. дальше »
2019-10-20 16:30 | |
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Heavy Rain And Mudslides Disrupt BTC Miners In China
Heavy rain has resulted in mudslides in China’s Sichuan province, disrupting bitcoin mining operations in the area and forcing some hydroelectric power plants to stop generating electricity.
дальше »2019-8-21 19:23 | |
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Canadian Province Offers Low-Cost Energy For Bitcoin Mining via Cold Climate, Hydroelectric Power
Bitcoin miners in Canadian provinces which include British Columbia, Quebec, Manitoba, Alberta, and Labrador are enjoying the perks of low-cost energy incentives. The Canadian province fits perfectly to the needs of running a Bitcoin mining operation due to its cool climate and abundance of hydroelectric energy availability. The perfect mining condition is aided by the […] дальше »
2019-4-17 19:25 | |
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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners
They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power. дальше »
2019-4-17 20:52 | |
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China Crypto Mining is Catching Its Second Wind, Bitcoin Miners Adapting in the Hunt for Power Savings
Chinese Bitcoin mining community is back in action again, buying second-hand mining equipment and making deals with hydroelectric power plants in order to cash on the abundant water supply during the summer would hopefully reduce the energy consumption costs for the miners. дальше »
2019-3-5 19:32 | |
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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada
When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs. дальше »
2018-12-22 21:41 | |
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Paraguay’s Economic Debt Crisis Could End with Bitcoin Mining as a Big Boost to the Bottom Line
Paraguay has had several hydroelectric towns that many had associated them with the drug cartels, ammunition and also smuggling. But now it has become the new home for the crypto miners in the market who have been connected to a very sophisticated network involved with mining crypto coins for their owners. It is finally giving […] дальше »
2018-11-14 02:43 | |
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Bitcoin Mining May Trigger the End of Paraguay’s Economic and Debt Crisis
Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners. дальше »
2018-11-12 16:00 | |
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Washington State Utility Increases Power Rates for Bitcoin Mining
Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-7 15:00 | |
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”Ghost Town” in British Columbia Eyes Revival as Bitcoin Mine Comes to Town
The town of Ocean Falls in British Columbia, Canada, is set to become yet another example of a rejuvenated small town with a new crypto mining facility in town. A report on September 4, 2018, shows that after four long decades of little to nothing happening, the fortuitous presence of cheap hydroelectric power has attracted a bitcoin miner to town,...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-7 01:00 | |
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Washington Mining Enclave to Be Hit with Increased Power Costs
Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as authorities announced a series of price hikes. дальше »
2018-9-7 00:00 | |
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Electricity Rates Increase in Grant County in Washington for Bitcoin Miners
Grant County, a town located in the US state of Washington, currently hosts a number of cryptocurrency mining operators. These operators migrated to the area because of cheaper electricity costs from the hydroelectric plant in the local region. дальше »
2018-9-6 16:04 | |
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Crypto Mining Company in NY Gets Creative Amid Soaring Power Rates
DPW Holdings, Inc has announced that it will be utilizing power from the Valatie Falls hydroelectric facility that it acquired in March for its crypto mining ventures. The dam,… The post Crypto Mining Company in NY Gets Creative Amid Soaring Power Rates appeared first on CoinCentral. дальше »
2018-9-3 18:58 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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DPW Holdings New Hydroelectric Dam Is A Crypto Mining Revolution
Valatie Falls Hydroelectric Dam, New York, is set to see a new life within cryptocurrency mining, after firm DPW Holdings Inc made a bid to purchase the aging dam in March 2018. This will see a new cryptocurrency mining branch open up within DPW Holdings, a brave move considering the falling profitability of cryptocurrency mining as a result of depleting values from currencies such as Bitcoin and Litecoin and of course, an increase in the price of energy and mining equipment. дальше »
2018-8-28 14:00 | |
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Hydroelectric Dam in New York Repurposed as Crypto Mining Farm
A hydroelectric dam in eastern New York State is being converted into a dedicated crypto mining farm, taking advantage of low-cost, renewable energy, according to Dpw Holdings whose subsidiary is building the mining farm. дальше »
2018-8-28 17:15 | |
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New York’s Valatie Falls Hydroelectric Dam to be Repurposed for Cryptocurrency Mining Operations
DPW Holdings plans to repurpose the Valatie Falls hydroelectric dam to provide electricity for its proposed cryptocurrency mining operations. When completed, the dam will provide low-cost electricity to a new cryptocurrency mining facility operated by a DPW subsidiary company. дальше »
2018-8-25 22:25 | |
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Crypto Startup Taps Larry King in Shared Effort to Combat Climate Change
In a message on GEAR Token’s website, iconic political talk show host Larry King says that global climate change is threatening humanity’s existence and is “a potentially catastrophic issue from the combustion of fossil fuels . дальше »
2018-8-13 18:08 | |
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