Tag: Electricity

Bitcoin Miners In Yunnan Just Lost Access To Electricity

Chinese authorities in the province of Yunnan recently ordered local power suppliers to cut off BTC miners. Local crypto reported shared ban orders...

How Mining Affects The Value Of Cryptocurrencies

Most cryptocurrencies are created as a result of a process called mining, an operation in which a group of computers associate to finish an...

Bitcoin Mining Consumes More Electricity Than Ireland Or Many African Nations

Statistics show that bitcoin mining now consumes more electricity in a year compared to Ireland or Namibia. If it continues at the rate that...
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