More crypto miners seized in China as police continue crackdown
Police in the city of Tangshan, Hebei, seized 6,890 cryptocurrency mining machines illegally consuming electricity.
Latest electricity News
Armenian IT firm accused of illegally using electricity to mine crypto
The company, which allegedly installed crypto mining equipment in one of Armenia’s hydropower plants without permits, was reported to have used over 1.5 million kWh, worth $150,000.
Quebec guarantees more power, stable costs for crypto miners
In a win-win deal, Quebec will now offer guaranteed power and rates to crypto miners, so long as they have a business plan that benefits the province.
Blockchain-powered fridge allows users to ‘control’ power consumption
More than preserving food items, the refrigerator allows user to control and influence their electricity consumption via an app on their smartphones or tablets.
Fujitsu applies blockchain for electricity exchange
Japanese tech giant Fujitsu has announced a new blockchain-based system for electricity exchange, with a model capable of improving efficiency by up to 40% on existing systems.
Abkhazia energy companies call for regulations
A state-run energy company in Abkhazia is calling for the proper regulation of crypto mining in the country as the winter draws near.
Kansai Electric leads study on blockchain use in distributed electric supply
Four major companies in Japan, led by Kansai Electric Power Co. (Kepco), are coming together to conduct a research on how to harness the power of blockchain technology for distributed electricity supply.
More Washington electric companies putting brakes on crypto mining firms
Franklin County has approved moratorium to allowing them to stop reviewing any applications from cryptocurrency mining firms while they assess the potential long-term repercussions.
New power rates approved for crypto miners in New York
New York authorities approved the new rates in order to help balance electricity usage between cryptocurrency miners and local residents.
Iceland tracks down 600 missing crypto mining machines to China
A ray of hope shined down in Iceland following reports that the 600 cryptocurrency miners stolen in the country could have made its way to China.
600 computers seized in China’s crypto mining crackdown
Authorities seized 600 computers and related hardware in Tianjin earlier this week, due to abnormally high electricity usage in the city, state media reported.