Category: Electricity

Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills

Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One…

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation

Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement…

Bitcoin Miners Flock to Paraguay as Country Weighs Its Social Development Options

Paraguay’s Itaipú Dam, one of the largest hydroelectric facilities in the world, is supporting bitcoin and ethereum mining in a…

Ephrata, Washington Imposes Year-Long Ban on New Cryptocurrency Mining Operations

The city of Ephrata, Washington, will halt new crypto mining developments in the city for the next 12 months, Eastern…

How Bitcoin Mining Can Help Nuclear Reactors

Bitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the…

Crypto Mining Becomes Less Profitable, Shifts Towards ‘Bigger Players,’ Report Shows

Bitcoin (BTC) miner revenues for the first six months of 2018 have already surpassed results in 2017, but the miners…

Proposed Crypto Mining Moratorium Rejected by County in Montana

Montana’s second most populous county, Missoula County, has rejected the proposal for a moratorium on cryptocurrency operations. The proposal was…

Bitcoin’s Energy Consumption in Summer: Rise or Fall?

It's no secret that Bitcoin (BTC) mining is an expensive business, and in more ways than one. Not only has…

Russia Developing Own Mining Pools

The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining…

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