Browsing: electricity

Thailand is on a mission to address illegal mining operations causing massive power disruptions in its capital city,…

Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints.…

According to a report by a Malaysian news outlet, MalayMail, Bitcoin and crypto mining operations were mostly responsible…

The fast-growing cryptocurrency industry is a major consumer of electricity, but no one—not even the U.S. government—knows exactly…

The Minister of Energy and Water claims the country has lost $682 million since 2018.The Malaysian government is…

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Malaysia’s Deputy Energy Transition Akmal Nasrullah Mohd Nasir announced that Malaysia has lost approximately RM3.4 billion ($723 million)…

Illegal Malaysian crypto miners stole $722 million worth of electricity between 2018 and 2023, according to the country’s…

Bitcoin miners in the U.S. spent $2.7 billion on electricity in the early months of 2024. Post-halving in…

In the first few months of 2024, US Bitcoin miners used electricity worth $2.7 billion. Paul Hoffman, analyst…