Data Centre Surge Exposes Vulnerabilities in the US Grid The surge in data centre expansion, particularly driven by the demands of artificial intelligence (AI) and cryptocurrency mining, is posing significant challenges to grid operators across the United States. The increasing reliance on data centres for processing power and storage is testing the resilience of the […]
Belarus eyes crypto mining to use surplus energy
Belarus: Revolutionizing Energy Usage with Crypto Mining In a bid to optimize the use of surplus electricity, President Lukashenko of Belarus is championing the exploration of cryptocurrency mining as a viable solution. This strategic move comes on the heels of a comprehensive feasibility study conducted in 2021, which shed light on the untapped potential of […]
Thai police seize nearly 1000 Bitcoin mining rigs
Thai Authorities Seize Close to 1000 Bitcoin Mining Rigs, Highlighting Regulatory Challenges In a recent turn of events, Thai police have confiscated nearly 1000 Bitcoin mining rigs as part of an ongoing crackdown on cryptocurrency mining operations. The seizure of these rigs sheds light on the regulatory hurdles associated with managing the substantial resource requirements […]
Russian Government Introduces Limits on Private Crypto Mining
The landscape of cryptocurrency mining in Russia has undergone significant changes with the government’s recent implementation of new regulations aimed at private miners. Effective from November 1, 2024, these measures impose a monthly energy consumption cap of 6,000 kWh for home-based cryptocurrency mining operations. This regulation comes as part of broader efforts to recognize mining […]