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Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates

Post author:MiamiCrypto
Post published:December 12, 2021
Post category:cases Court Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency cryptocurrency miners Electricity Home Miners home mining Irkutsk Irkutskenergosbyt Lawsuits Miners Mining rates region Russia russian tariffs utility utility company

A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to…

Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages

Post author:MiamiCrypto
Post published:December 9, 2021
Post category:Crypto crypto farms crypto miners Crypto mining Cryptocurrencies Cryptocurrency deficit Distribution Electricity Energy Iceland island Landsvirkjun Mining power shortages supply utility utility company

Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the…