Browsing the "Electricity" Tag

Researchers Build Blockchain Electricity Exchange They Say Cuts Waste

| Wolfie Zhao

A team from one of the top universities in China has developed a decentralized exchange, not for crypto assets, but for unused electricity.

Another US County Hits Pause on Crypto Mining Power Requests

| Wolfie Zhao

Franklin, Washington State, is the latest U.S. county to have suspended new utility applications from crypto mining farms over spiking power demands.

New Power Rates Approved for Crypto Miners in Upstate New York

| Muyao Shen

A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners.

Montana County Delays Decision on Bitcoin Mining Suspension

| Wolfie Zhao

A county in the U.S. state of Montana has postponed a decision on whether it should temporarily ban new bitcoin mining projects.

Walmart Patent Eyes Crypto Payments for Power Supply Precision

| Wolfie Zhao

Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.

Bitcoin Miners Arrested for Alleged Power Theft

| Wolfie Zhao

Allegations of electricity theft have reportedly led to the arrest of bitcoin miners and equipment seizures in two Chinese cities.

New York Power Providers Cleared to Hike Rates for Crypto Miners

| Wolfie Zhao

Cryptocurrency mining firms in New York State could face higher electricity bills after a ruling from the public utilities regulator.

European Commissioner for Digital Economy and Society Mariya Gabriel

EU Can’t Ban Bitcoin Mining Over Energy Concerns, Official Says

| Leigh Cuen

Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner.

Bitcoin Prices Spark Demand for Washington’s Cheap Electricity

| Sujha Sundararajan

The Central Washington region of the U.S. has reported surging demand from bitcoin miners for its cheap hydropower as price gains continue.