The government of Kazakhstan shut down the internet after the cabinet resigned amid major anti-government protests. Kazakhstan, which boasts the second-largest (BTC) mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests. Network data provider NetBlocks reported Wednesday that Kazakhstan was “in the midst of a nation-scale internet blackout after…
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The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo Authorities Ban Crypto Mining to Save Needed Energy The…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto Investment Flows Mature, CFTC Fines Polymarket, Uniswap’s Goal + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they are mining cryptocurrency. If so, the companies should…
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Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source of income for many locals. Electricity Consumption Spikes Amid Spread…
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Bitcoin’s hashrate tapped a lifetime high on the first day of 2022 reaching 209.39 exahash per second (EH/s). During the last 12 months, Bitcoin’s hashrate has increased by 47.92% from the 141.55 EH/s recorded on January 3, 2021. Bitcoin’s Hashpower Reaches a New Milestone The processing power and security dedicated to the Bitcoin (BTC) network…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Israel’s Pro Crypto Move, Shanghai’s Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down on the industry. NPP Project Revived Amid Short…
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Here is what happened in the Cryptoworld in the third quarter of this year: Total crypto market capitalization in Q3 And with this ended the third quarter of 2021. ____… Read More: Crypto News Rewind 2021: Q3 – Bitcoin Becomes Legal Tender & Gets Taproot, Improved Ethereum, NFTzation Read more »Pay, Trade, Buy Bitcoin…
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The government of Kazakhstan is debating a plan to build a nuclear power plant that could help the country to strengthen its Bitcoin (BTC) and crypto mining sector in the longer term. According to the media outlet Vedomosti, the Minister of Energy, Magzum Mirzagaliyev, told reporters that two locations were being considered as “potential…
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