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In Upstate New York, Crypto Miners have approved New Power Rates

A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners. While primarily an administrative move, it’s a potentially significant development for cryptocurrency miners hoping to tap the hydroelectrical resources located in New York. However, given the abundance of low-cost electricity дальше »

2018-7-13 03:13


Japan Is Proving to be a Surprising Haven for Crypto Miners

Rural Japan is luring more and more cryptocurrency mining operations. They’re attracted by subsidised rents, as well as relatively low electricity rates. Cities Like Fukui Seeing More Mining Operations Spring Up When you think of large scale cryptocurrency mining operations, Japan probably isn’t the first place that springs to mind. дальше »

2018-7-7 22:00


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Japanese Man Free Company Electricity $ 500 Mutual Inc Mining

Daily SPA, a Japanese media outlet, has reported on a Japanese man using his company dormitory’s free electricity to mine cryptocurrencies without asking permission. Also read: Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case An Extraordinary Income “Virtual currencies are processed cryptographically,” Sora-san, a Japanese man working in a major Japanese manufacturing дальше »

2018-7-6 11:38


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Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

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. дальше »

2018-6-23 07:00


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Entrepreneur Acquires Two UK Power Plants To Create Power For Mining

According to The Statesman, an Indian ex-pat by the name Varun Datta has acquired two UK based power plants to bolster the operations of blockchain energy firm, 4NEW. The plans in question, are not traditional coal power plants, nor are they of the nuclear persuasion, instead, Datta has managed to secure two ‘waste to energy’ power plans, which use Anerobic Digestion Technology to convert household waste into electricity. дальше »

2018-6-16 15:00