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Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis

Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis

Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. I...
BitcoinMiningIranElectricity
Aug, 16, 2024
by Bitcoin News
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid

Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid

Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage am...
BitcoinMiningElizabeth WarrenRiot Platforms
Sep, 07, 2023
2 min read
by Bitcoin News
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands

Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands

In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This de...
MiningChinaThailandDebt
Aug, 26, 2023
1 min read
by Bitcoin News