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Thailand seizes 996 Bitcoin miners after busting local operation stealing electricity

Thai authorities confiscated 996 Bitcoin (BTC) mining rigs in Chon Buri province, accusing operators of illegally siphoning electricity to power the energy-intensive machines.The raid,...
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Crypto News

Thai authorities unplug Bitcoin mine that stole millions of baht in electricity

Thailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm...
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Crypto News

Russia to ban Bitcoin mining in key regions due to electricity deficit

Cryptocurrency mining will soon be banned in certain regions of Russia...
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Crypto News

Illegal Bitcoin mining costs Malaysian electricity company over $100m

Malaysia’s national electricity provider, Tenaga Nasional Berhad, has reported losses exceeding...
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Blog

The UK plans to shift from a fossil-fuel giant to a ‘zero-carbon electricity system’ operator! | by World As One 4PEACE | Coinmonks |...

Photo by Bruno Martins on Unsplash“Gas-free grid” — this is one of the headlines for Bloomberg’s Energy Daily newsletter this week.According to the newsletter,...
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Bitcoin mining does not use 8% of global electricity although US talk show hosts think so

On a recent episode of “Real Time with Bill Maher,” Maher claimed that crypto consumes 8% of global electricity, likening its impact to adding...
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Crypto News

How is it affecting Ukraine’s electricity system?

Ukraine remains among the top countries in terms of cryptocurrency adoption. How does mining work in the country during the current conflict with...
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Norway Bitcoin Mining Shutdown Causes 20% Spike in Electricity Bil…

YEREVAN (CoinChapter.com) — Residents in Hadsel, Norway, are now facing increased electricity costs after the shutdown of a local Bitcoin mining facility. The closure...
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