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Cryptocurrency Miners May Have to Pay More for Electricity in Chelan County

There is little doubt that cryptocurrency mining is extremely power intensive, with particular emphasis on coins that still rely on the Proof-of-Work (PoW) consensus mechanism. Recognizing this, Washington State’s Chelan County Public Utility District (PUD) has proposed a rate hike for mining enterprises within the region. дальше »

2018-11-18 17:00


Indian Officials Consider Ban on “Private Cryptocurrencies”

Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »

2018-11-1 22:37


DMG Blockchain Builds Electrical Substation to Power Cryptocurrency Mining Operations

Cryptocurrency mining requires a lot of electricity and a lot of money. In recent times, miners have sought access to cheap and accessible electricity to accelerate operations. In this vein, a Canadian company is attempting to build an electrical substation to power its cryptocurrency mining enterprise. дальше »

2018-8-3 20:07


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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »

2018-6-13 20:24


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