Auto Added by WPeMatico

Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints

Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to…

Continue ReadingThai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints

Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the…

Continue ReadingRussia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine

The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce…

Continue ReadingMoldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine