Electricity

Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto

An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies. $150,000 in…

Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption

Authorities of Kyrgyzstan cut off power to 45 crypto mining firms as they consumed more energy than three local regions…

German Firm Unveils Mobile Eco-Friendly Bitcoin Mining Containers

Bitcoin (BTC) mining infrastructure firm Northern Bitcoin AG has announced the completion of tests for its new air-cooled mining container,…

Malaysia’s Electric Utility Says Bitcoin Miners Stole $25M in Power

Malaysian power utility firm Tenaga Nasional Bhd (TNB) is tightening measures in a bid to stem the millions lost to…

US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform

The United States Department of Energy (DOE) has awarded a grant worth $1.05 million to organizations working to commercialize a…

Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities

Authorities raided Bitcoin (BTC) mining operations in Malaysia after finding that they were stealing electricity resulting in a loss of…

Japanese General Trading Company Backs Blockchain Platform for Wind, Solar

Marubeni Corp., a major Japanese sōgō shōsha, or general trading company, is now backing a blockchain-based power trading platform. Per…

Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners

The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from…

Police in China Seizes 4,000 Crypto Miners After Abnormal Energy Spike

Police in China arrested 22 suspects allegedly involved in illegal crypto mining activity that led to energy loss worth of…

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