Tag: Electricity

Report: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners

Report: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners Per a recent study by Cisco, college campuses are ranked the second biggest miners of digital currency across industry verticals, as students use “free” electricity Cointelegraph.com News

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season Over the last two months, the hashrate between the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks has increased significantly since hitting a low on December 15, 2018. Numerous reports detail that many Chinese miners who control a […]

Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit

Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in other regions […]

French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners

French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners Two French legislators have made a number of proposals aimed at turning France into a leading force in the development of the industry built around cryptocurrencies. One of the ideas is to allow crypto mining companies to take advantage of preferential […]

Church Mining Cryptocurrency Told to Pay Higher Electricity Rates

Church Mining Cryptocurrency Told to Pay Higher Electricity Rates The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on […]

Quebec Halts Crypto Mining Electricity Requests Amid Huge Demand, Forms New Framework

Quebec Halts Crypto Mining Electricity Requests Amid Huge Demand, Forms New Framework The Québec government has ordered Hydro-Québec to halt electric power sales to crypto miners, and announced a new framework for this category of electricity consumers Cointelegraph.com News