Russia to Restrict Crypto Mining in 13 Regions
The Russian government is contemplating cryptocurrency mining restrictions in 13 regions to save electricity in the country. Alexander Novak, the Deputy Prime Minister of Russia, convened a government commission meeting on November 19 to deliberate on advancing the electric power sector. Officials proposed restricting mining operations in regions experiencing power supply disruptions to mitigate shortages […]
Yingjiang county to cut off Bitcoin miners from hydropower stations
The Yingjiang county of Chinese province Yunnan have issued stern warnings to hydroelectric facilities not to give electricity to Bitcoin mining businesses and plans to “forcibly dismantle” the power supply of any mining farm within its jurisdiction. According to a recent report, the Yingjiang County Office of the People’s Government gave notice to hydropower plants […]
Mechanicville starts mining Bitcoin Partially
The oldest hydropower plant in the United States, Mechanicville, starts mining Bitcoin as this they say pays them three times as much as providing electricity. After starting Bitcoin mining, the historic Mechanicville hydro plant, which was erected in 1897, became a legendary landmark in the history of sustainable energy. Due to outdated equipment, the hydro […]
Hydropower plants up for sale in China as crypto miners exit
A majority of the hydropower plants belonging to the Sichuan region of China, which is famous for housing clean energy Bitcoin mining are being listed in the country’s second-hand marketplace for sale. As crypto miners flee the country, the Chinese online second-hand market has seen a boom in small hydropower plant listings in recent weeks. […]