Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
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The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to…
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A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Following substantial opposition, the United States has paused its endeavor to collect energy consumption data from Bitcoin miners. The Energy Information Administration (EIA), a US Department of Energy division, announced plans to gather information on crypto miners’ energy usage last month. Bitcoin Mining Survey Suspended EIA’s move was met with…