Police in the city of Tangshan, Hebei, seized 6,890 cryptocurrency mining machines illegally consuming electricity.
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.
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.
More than preserving food items, the refrigerator allows user to control and influence their electricity consumption via an app on their smartphones or tablets.
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.
A state-run energy company in Abkhazia is calling for the proper regulation of crypto mining in the country as the winter draws near.
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.
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 York authorities approved the new rates in order to help balance electricity usage between cryptocurrency miners and local residents.
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.