energy | ForkLog

ForkLog 10 05.05.2021

In North Ossetia, cryptocurrency miners detained over electricity theft worth 2.6 million rubles

Law enforcement authorities in North Ossetia have detained the owners of two cryptocurrency mining farms. They are suspected of stealing electricity worth more than 2.6 million rubles.

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ForkLog 8 19.04.2021

Gazprom Neft and Raiffeisen Bank test blockchain-based bank guarantees

Raiffeisen Bank and Gazprom Neft tested the issuance of digital bank guarantees on the Masterchain blockchain platform.

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ForkLog 21 14.04.2021

Study finds Bitcoin network energy use has risen 66-fold since 2015

Bitcoin mining electricity costs have risen 66-fold since the end of 2015, Bloomberg reports, citing a Citigroup Inc. analysts' report.

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ForkLog 6 12.04.2021

Bithumb Global to list energy-backed BitRiver token

BitRiver's data-centre operator released the BTR token, whose price is pegged to the annual cost of 1 watt of electricity. Trading of the asset will begin on April 19 on the Bithumb Global cryptocurrency exchange.

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ForkLog 11 07.04.2021

China’s bitcoin farms set to surpass the Philippines in greenhouse-gas emissions by 2024

Chinese mining farms will, within three years, consume more than 296.59 TWh of electricity and surpass the Philippines in greenhouse-gas emissions.

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ForkLog 14 15.03.2021

Opinion: Fears over rising energy consumption of the Bitcoin network are exaggerated

Mining experts say concerns about the environmental impact of electricity use in Bitcoin mining are exaggerated. Insider reports.

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ForkLog 10 08.03.2021

Argo Blockchain buys land in Texas for new mining centre

The London-listed mining company Argo Blockchain has acquired 320 acres (129.5 hectares) of land in Texas to build a new Bitcoin mining data centre.

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ForkLog 13 17.02.2021

Texas mining farms go offline after snowstorm

Most Bitcoin mining farms in Texas were left without power due to a severe snowstorm last weekend. CoinDesk reports.

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ForkLog 7 15.02.2021

In Ukraine, mining-farm operators stole mined cryptocurrency

The Security Service of Ukraine in Lviv region uncovered a scheme to siphon off cryptocurrency by tampering with computers and the local power grids, according to the agency's press service.

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ForkLog 6 15.02.2021

Seventeen devices illegally mined Bitcoin at Tajikistan kindergarten

Four Tajikistan residents have been detained for illegal connection to power grids to mine Bitcoin and for tax evasion. According to the local desk, the media has been recognised as a foreign agent by the Russian authorities (Radio Liberty). The operations took place last year, but they became known only now.

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ForkLog 7 11.02.2021

Bitcoin mining outstrips Argentina in electricity use

Annual electricity consumption for Bitcoin mining surpassed the energy use of Argentina as a whole, according to a Cambridge University study.

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ForkLog 8 27.01.2021

Tatneft sees cryptocurrency mining at its facilities as a promising venture

The Russian oil company Tatneft has shown interest in the prospect of earning additional profit from cryptocurrency mining. The corresponding project won at a youth forum organized by the company, the corporate newspaper 'Oil News' reports.

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