Satoshi Nakamoto Blog

Category : Electricity

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3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners

As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in...
Bitcoin Crackdown Crypto Assets Crypto Mining Cryptocurrency Digital Currency Electricity Government Iran Iranian License Miners Mining Industry power consumtion Profits Regulation revenue subsidized Tariffs Tax virtual currency

Iran Issues More Than 1,000 Cryptocurrency Mining Licenses

The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms...
bitcoin farms bitcoin mining China Chinese cleanup Crackdown Crypto Mining dry season Electricity electricity supply Garze Hydropower Local Government Miners Mining mining farms power plants prefecture province Regulators shortages shortfalls sichuan wet season

Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season

Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest...