Cryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto...
Tag: hydroelectric
Bitcoin Miners To Witness Rate Hike By 29% On Hydroelectric Power In Washington
The promise of Washington state to provide cheap hydroelectric power for Bitcoin miners apparently went in vain. Chelan County has now executed a new cryptocurrency rate hike by twenty-nine perc...
Bitcoin Miners Will See 29% Rate Hike on Hydroelectric Power in Washington
The promise of cheap, hydroelectric power for Bitcoin miners in Washington state has started to fade. A 29% rate hike for hydroelectric power in Chelan County, created specifically for cryptocurrency ...
Trentino: cryptocurrency mining with hydroelectric plant
The municipal hydroelectric power plant “Alta Novella” in Borgo d’Anaunia, Trentino, will be used to do cryptocurrency mining. The case of the Municipality of Trentino that will mine cryptocurrencies...
Long in the Tooth Hydroelectric Plant Rescued by Bitcoin Mining
As per Albany Engineering Corp CEO Jim Besha Sr, it is the oldest renewable power facility globally. More money can be generated through mining bitcoins instead of selling electrical power to national...
In NY, Bitcoin Mining Saved The Oldest Working Hydroelectric Plant
Another day, another hydroelectric plant saved by Bitcoin mining. For the untrained eye, the narrative that says that Bitcoin incentivizes green energy might seem convenient. However, each day more co...
Hydroelectric Plant Powering Crypto Mining Operations in Costa Rica
One hydroelectric power plant in Costa Rica has been repurposed to power several cryptocurrency mining operations. The facility is based on the Poas River around 35 kilometers from the capital, San Jo...