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Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving…

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Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity

Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to…

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Power Deficit Forces Crypto Miners to Leave Kazakhstan

Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on…

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Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this…

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This Thai Tech Corporation Spiked Almost 7000% in 2021 After Announcing a Crypto Mining Operation

Whoever thinks cryptocurrencies are boring definitely doesn’t know how much influence they can exert on the valuation of a business model for a traditional company. Call it hype, or call…

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Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this…

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Marathon Announced New Purchase of Bitmain Miners, Expects to Reach 23.3 EH/s for Early 2023

Marathon, one of the leading bitcoin mining companies in North America announced it has entered a new purchase agreement with Bitmain, a bitcoin mining machine manufacturer. This deal would allow…

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