Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining …
Tag:
energy
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Markets
Blockchain Startup BTQ Proposes More Energy Efficient Alternative to Crypto's Proof of Work
by shayaanby shayaanA recently published journal article by researchers at BTQ, a startup working to build blockchain …
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Mining
Russia’s Rosseti eyes Bitcoin mining to harness surplus energy and boost local growth
by shayaanby shayaanRosseti, Russia’s state-owned electricity giant, is reportedly evaluating Bitcoin mining to enhance energy utilization in …
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Mining
Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake
by shayaanby shayaanBitfufu has entered into a letter of intent to acquire a controlling interest in a …
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Mining
Hut 8 Targets the Intersection of Energy and Technology, Says CEO Asher Genoot
by shayaanby shayaanAsher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the …
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Mining
How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines
by shayaanby shayaanLandlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million …
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Mining
Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
by shayaanby shayaanAlexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts …
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Markets
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
by shayaanby shayaanThe Russian government imposed a six-year ban on crypto mining in 10 regions due to …
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Bitcoin mining is becoming an unexpected solution to Europe’s energy problems, according to a Forbes …
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Bitcoin mining, often criticized for its energy consumption, is becoming a surprising ally in Europe’s …
