Indonesian Bitcoin Mining Raid Reveals Major Power Theft
Indonesian authorities raided ten sites for illegal bitcoin mining, uncovering significant electricity theft.
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Indonesian authorities raided ten sites for illegal bitcoin mining, uncovering significant electricity theft.
Montenegro explores hydroelectric-powered Bitcoin bonds for economic growth.
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The company is also known for its involvement in blockchain technology as a founding member of China's state-backed Blockchain-based Service Network.
Canaan, marking its 10th anniversary, made a significant announcement at the Avalon Bitcoin & Crypto Day (ABCD) conference with the official release of its A14 series mining models.
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”
Crypto mining falls under the “gray zone” in Russia, which means even though it's not banned, it doesn’t fall under the purview of law which could pose risks for those involved.
Jinse Finance launched the "Golden Web3.0 Daily" to provide you with the latest and fastest game, DeFi, DAO, NFT and Metaverse industry news.
The essence of power grabs is the rise of community power.
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption.