Outcast Chinese Bitcoin Miners Migrate to Africa to Capitalize on Cheap Electricity
Chinese Bitcoin miners, ousted from their homeland, are now setting their sights on Africa, notably Ethiopia. This migration is driven ...
Tag: Electricity
Electricity demand to double in 3 years. How AI and mining play a part
Electricity demand worldwide could double over the next three years, mainly due to cryptocurrency mining and artificial intelligence. How will ...
Electricity Consumption Set to Surge with Crypto and AI by 2026, Warns IEA
The International Energy Agency (IEA) has delivered a dire warning, revealing that cryptocurrencies and artificial intelligence (AI) currently account for ...
Russian Crypto Miners Fume at Moscow’s Plans to Raise Their Electricity Tariffs
Russia’s biggest crypto mining industry association has hit out at Moscow’s plans to increase electricity tariffs for miners. The Ministry ...
Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid
Indonesian authorities raided ten sites suspected of mining bitcoin with stolen electricity from the national grid over the Christmas weekend. ...
It’s Not Just Electricity And Water — Bitcoin Mines Use A Lot Of Air, Too
This piece is an entirely and deeply serious parody. Bitcoin mines aren’t just thirsty, it turns out they’re starving for ...
Minnesota Power Co-op Accuses Couple of Major Electricity Theft for Bitcoin Farm Operation
In a case that intertwines crypto mining and utility theft, a Minnesota power company, North Star Electric Cooperative, has accused ...
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