Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining
Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting ...
Tag: Energy
Russia’s Rosseti eyes Bitcoin mining to harness surplus energy and boost local growth
Available exclusively viaOne year of Bitcoin ETFs and 1,100,000 BTC Andjela Radmilac · 5 days ago CryptoSlate's latest market report ...
Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake
Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility ...
Hut 8 Targets the Intersection of Energy and Technology, Says CEO Asher Genoot
Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation ...
How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines
Landlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million inhabitants, making it the second ...
Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s ...
How Bitcoin Mining Is Turning Europe’s Energy Problems Into Profits
Bitcoin mining is becoming an unexpected solution to Europe’s energy problems, according to a Forbes report. During the energy crisis, ...
Bitcoin Mining Powers Europe’s Energy Transition During Crisis
Bitcoin mining, often criticized for its energy consumption, is becoming a surprising ally in Europe’s energy transition. As the continent ...
Paraguay seeks to mitigate energy losses due to illegal crypto mining
Illegal cryptocurrency mining has become a significant issue in Paraguay, prompting concern among energy regulators. According to the National Electricity ...
From Energy Efficiency to Profitability: The Machines That Rule Bitcoin Mining
With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased earnings from ...
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