2020-1-8 20:15 |
A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub.
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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.
2022-1-18 06:05 | |
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An aluminum plant in Russia’s northern Karelia region could soon be hosting one of the largest Bitcoin mining facilities in the country. Of course, the plant is no longer serving its primary purpose after being decommissioned in 2018.
2019-10-31 22:20 | |
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Russia Mining Company (RMC) has taken over the facility of the now-defunct Nadvoitsy Aluminium Plant in the northern Karelia region, which ceased operations in 2018 due to U. S. sanctions. RMC plans to turn the aluminum plant into a mega Bitcoin mining farm that would control 20 percent of the world’s bitcoin (BTC), according to reportsRead MoreRead More.
2019-10-31 20:00 | |
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Metal giant Rusal is renting its facilities to the Russian Mining Corporation following 2018 U.S. sanctions.
2019-10-31 20:00 | |
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Coinspeaker Russian Company Strives to Mine 20% of the World’s Bitcoin SupplyRussian Mining Company will station the equipment for mining on the metalworking plant that is not used since August 2018.
2019-10-30 12:56 | |
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Bitcoin mining will breathe new life in a closed Russian aluminum plant which lost access to American customers following the introduction of U. S. sanctions in April 2018. Russian Mining Company’s (RMC) Dmitry Marichinev wants to ramp up BTC mining across Russia.
2019-10-29 18:00 | |
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A Russian scientist has received a fine for mining Bitcoin at a top-secret nuclear facility. Denis Baykov has been ordered to pay 450,000 rubles, or about $6,900 for his involvement in the scheme.
2019-10-3 01:00 | |
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The engineer at a top-secret nuclear lab, along with two colleagues, had accessed the plant's supercomputer to mine bitcoin.
2019-10-1 16:05 | |
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A Russian nuclear engineer has been fined $7,000 for illegal bitcoin mining at a top-secret nuclear base. Scientists at Top-Secret Nuclear Lab Caught Mining Bitcoin According to The Moscow Times, Denis Baykov, a nuclear engineer at the Sarov nuclear base has been fined $7,000 for illegally using the plant’s supercomputers for bitcoin mining.
2019-10-1 14:00 | |
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In the latest video snippet, shared by a Bitcoin enthusiast, President Alexander Lukashenko of Belarus talks about using nuclear power to mine bitcoin. However, it is not a new one, rather the same video that first surfaced in April.
2019-9-29 18:38 | |
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Our newsdesk recently caught up with Bitcoin. com’s community manager Chris Bridgman who discussed the recent expansion of Bitcoin Cash-focused meetups worldwide. Over the last two years, Bridgman and his partner Akane Yokoo have seen BCH meetups grow from a small handful to around 90 BCH-based gatherings in a number of different countries.
2019-9-29 20:52 | |
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Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT on August 22, 2019.
2019-8-23 21:00 | |
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The City of Colorado Springs is facing complaints about a mining plant who is struggling to comply with the city noise ordinance. This according to a report from Colorado Springs Independent, July 24, 2019.
2019-7-25 13:00 | |
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With the growing ubiquity of bitcoin and other digital assets, bad actors are now working round the clock, trying to formulate near fail-proof ways of stealing the virtual currencies of unsuspecting victims.
2019-6-6 20:00 | |
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This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.
2019-5-31 20:14 | |
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As bitcoin (BTC) and other digital assets keep growing in value and use case, cyberpunks are also upping their game with each passing day, formulating new ways of enriching themselves with ‘dirty crypto.
2019-5-13 17:00 | |
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Aleksandr Lukashenko, the president of Belarus, met with the country’s IT community to discuss the growth of its native tech industry, according to the state-owned national news agency, the Belarusian Telegraph Agency.
2019-4-19 16:59 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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Blockchain is solidifying its place in the renewable energy industry as Kyocera has announced on February 25, 2019, that they will be partnering with LO3 to test a blockchain-powered virtual power plant (VPP).
2019-2-28 21:00 | |
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Blockchain firm Bitfury will develop a bitcoin mining center in Paraguay. The new mining operation is in partnership with Seoul-based research and development firm Commons Foundation.
2019-2-8 23:32 | |
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Bitmain, the largest manufacturer of cryptocurrency mining rigs in the world, has suspended all of its operations in Texas, where the company was supposed to build the largest mining operation in the country, Texas Public Radio reported on January 11, 2019.
2019-1-13 14:00 | |
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UK Member of Parliament, Eddie Hughes, has called for local authorities to take a lead, and accept Bitcoin payments. The Conservative politician also believes that a lack of reliable information is holding back wider adoption.
2018-12-12 01:00 | |
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The South Korean government will be spending four billion Korean won (KRW) ($3. 500. 000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018.
2018-12-12 00:00 | |
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You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).
2018-10-9 20:10 | |
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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%%.
2018-9-7 15:00 | |
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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.
2018-9-6 16:04 | |
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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.
2018-8-28 19:11 | |
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As Bitcoin mining operations ramp up worldwide the electrical cost of mining is drawing the ire of municipalities and environmental groups alike. However, Soluna is looking to offset the carbon footprint of mining Bitcoin through its wind power plant in the Sahara Desert.
2018-8-27 13:00 | |
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Bonner and Butte, Montana are home to two of the largest bitcoin mining facilities in North America. They’re also subject to a major energy producer in the state, the Colstrip power plant, which is due to be shut down.
2018-8-27 11:45 | |
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A United States Senator, Steve Daines, has warned that the planned closure of all four units of a coal plant in Colstrip, Montana will not bode well for the state’s Bitcoin mining business.
2018-8-26 20:53 | |
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A sleepy Texas town is set to reinvigorate the local economy thanks to a multimillion-dollar project to build a cryptocurrency mining and data center in place of a recently closed coal fire power plant.
2018-8-7 17:00 | |
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Now the small town of Rockdale, about an hour northeast of Austin, is hoping the days of “used to” are used up. A Chinese company plans to open a Bitcoin mining operation in part of the old Alcoa plant just outside of town, bringing with it the prospect of 300-500 jobs, according to local media reports.
2018-7-31 20:36 | |
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According to the Texas Standard, Rockdale, a town in central Texas, is looking to Bitcoin mining to ease an economic slump caused by the closure of the coal-fired power plant and adjacent mine earlier this year.
2018-7-27 17:25 | |
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According to the Texas Standard, Rockdale, a town in central Texas, is looking to Bitcoin mining to ease an economic slump caused by the closure of the coal-fired power plant and adjacent mine earlier this year.
2018-7-26 20:05 | |
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There are over 600 million Africans living without electricity despite an abundance of sunshine and hundreds of thousands of solar projects on the drawing board.
2018-7-17 17:41 | |
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3G Venture II, a California-based mining operation, recently purchased a sizable portion of an abandoned Intel plant for mining. The plant in question was made to manufacture semiconductors for Intel and was shut down in 2009.
2018-6-24 21:10 | |
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Bitcoin mining farms have similar power needs, making Colorado Springs a great place to set up shop. Much of the town’s economy is based in the high-tech sector, with companies like Verizon and Hewlett-Packard setting up offices.
2018-6-23 09:30 | |
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California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list.
2018-6-23 07:00 | |
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The Digital Future Council made its public debut on June 18, 2018, at the 2018 Cannes Lions International Festival of Creativity. With founding members from such organizations as IBM, Vice, CNN, Lego and Warner Bros.
2018-6-20 21:56 | |
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As the effects of climate change make their mark across the globe, people are more wary of their carbon footprints and are gradually switching to renewable energy.
2018-6-13 22:17 | |
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Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.
2018-6-11 03:08 | |
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Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.
2018-6-11 01:16 | |
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Despite bitcoin and altcoins fell in price in 2018, Coinmint invests hundred millions of dollars in the reconstruction of the former aluminum plant in the New York State.
2018-6-11 18:52 | |
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Choosing the best Bitcoin mining software starts with research. Mining BTC can still be profitable in 2018 but you'll need to have the right setup. The post The Best Bitcoin Mining Software appeared first on CoinCentral.
Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.
USBTC to host 8,500 miners belonging to Celsius at its Alpha Site. Hashrate of these machines is estimated to be 820 petahash (PH). Us Bitcoin Corp expects to be managing over 310,000 miners in total.
After the July 19 circular, it is illegal to engage in any cryptocurrency activities in Kuwait. Kuwait has joined Thailand, Indonesia, and Turkey to ban crypto activities. Violators are to face penalties as stipulated in Kuwait’s AML and terrorist financing laws.
Critics of bitcoin mining have raised concerns about the amount of energy it consumes and its associated carbon emissions. This has led some to label crypto mining as an environmental hazard, with North Carolina joining Texas in taking steps to regulate power usage.
The history of mining reflects the ongoing evolution of technology and human ingenuity in the pursuit of extracting valuable resources from the earth.
Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility. According to court documents, the miner has agreed to a $70 million credit facility from investment banking firm B.