Consumption

Samsung is to Optimise Energy Consumption in Cryptocurrency Mining by 45% with New Chips
Jul 04, 2022 at 10:11
News
Samsung is to Optimise Energy Consumption in Cryptocurrency Mining by 45% with New Chips
On June 30, South Korean tech giant Samsung announced new semiconductor chips that can potentially be employed for mining cryptocurrencies. According to the announcement, the new 3-nanometer process technology will enable 45% optimization of power usage.
Things You Need to Know About the Ethereum Chip Mining Machine Manufacturer - LOYALTECH
Mar 25, 2022 at 11:41
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Things You Need to Know About the Ethereum Chip Mining Machine Manufacturer - LOYALTECH
Since January 9th, 2009, when the Genesis Block went live, the global blockchain industry has been developing for 13 years so far.
Announcing The Launch of Nexus Project – The Groundbreaking Blockchain-Based Payment System
Mar 07, 2022 at 18:00
News
Announcing The Launch of Nexus Project – The Groundbreaking Blockchain-Based Payment System
Nexus Project has launched its decentralized, distributed blockchain system focused on contributing to economic development by increasing accessibility and encouraging consumption.
Kazakhstan to Build Power Plants to Retain the Leadership in Cryptocurrency Mining
Dec 30, 2021 at 10:00
News
Kazakhstan to Build Power Plants to Retain the Leadership in Cryptocurrency Mining
The government of Kazakhstan is discussing ways to build new power plants to generate additional energy. With this move, the country aims to support the cryptocurrency mining industry.
Russian Citizens Lost $30,000 to Cryptocurrency Scammers
Dec 16, 2021 at 12:30
News
Russian Citizens Lost $30,000 to Cryptocurrency Scammers
The growing popularity of mining cryptocurrencies is prompting people to join this burgeoning industry. On the other hand, such users can also easily fall victim to scammers.
An Official in Kyrgyzstan was Exposed Illegally Consuming Electricity for Cryptocurrency Mining
Dec 11, 2021 at 11:02
News
An Official in Kyrgyzstan was Exposed Illegally Consuming Electricity for Cryptocurrency Mining
The State Committee of Homeland Security of Kyrgyzstan discovered an illegal cryptocurrency mining facility in the home of an official from the energy sector.
Iceland Limits Energy Supply for Industry and Business; Cryptocurrency Miners Suffer Standbys
Dec 09, 2021 at 11:34
News
Iceland Limits Energy Supply for Industry and Business; Cryptocurrency Miners Suffer Standbys
On December 7, Icelandic utility Landsvirkjun decided to restrict energy supply to industrial companies such as aluminum plants and cryptocurrency miners. The reason for this move is a massive energy shortage.
Russian Cryptocurrency Miners Will be Subject to Increased Electricity Prices Even if They Work from Home
Dec 01, 2021 at 11:45
News
Russian Cryptocurrency Miners Will be Subject to Increased Electricity Prices Even if They Work from Home
The Russian Energy Ministry confirms that mining cryptocurrencies is not part of daily needs. Therefore, there is no way for miners to benefit from residential electricity rates.
Limitations Imposed by Kazakhstan are Pushing Cryptocurrency Miners Underground
Nov 03, 2021 at 10:51
News
Limitations Imposed by Kazakhstan are Pushing Cryptocurrency Miners Underground
The Kazakhstan government is concerned about the growing number of underground cryptocurrency miners after restrictions were imposed in early October.
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