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#cryptomining

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Tom’s Hardware: Energy use in a Kuwaiti city fell by over 50% after authorities cracked down on crypto mining. “Authorities in Al-Wafrah, Kuwait, cracked down on alleged crypto miners in the city, which resulted in a 55% decrease in power consumption the following week. According to Reuters, Kuwait is in a power crisis as summer temperatures are soaring. Its growing number of citizens are […]

https://rbfirehose.com/2025/05/08/toms-hardware-energy-use-in-a-kuwaiti-city-fell-by-over-50-after-authorities-cracked-down-on-crypto-mining-2/

ResearchBuzz: Firehose | Individual posts from ResearchBuzz · Tom’s Hardware: Energy use in a Kuwaiti city fell by over 50% after authorities cracked down on crypto mining | ResearchBuzz: Firehose
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Tom’s Hardware: Energy use in a Kuwaiti city fell by over 50% after authorities cracked down on crypto mining. “Authorities in Al-Wafrah, Kuwait, cracked down on alleged crypto miners in the city, which resulted in a 55% decrease in power consumption the following week. According to Reuters, Kuwait is in a power crisis as summer temperatures are soaring. Its growing number of citizens are […]

https://rbfirehose.com/2025/05/04/toms-hardware-energy-use-in-a-kuwaiti-city-fell-by-over-50-after-authorities-cracked-down-on-crypto-mining/

ResearchBuzz: Firehose | Individual posts from ResearchBuzz · Tom’s Hardware: Energy use in a Kuwaiti city fell by over 50% after authorities cracked down on crypto mining | ResearchBuzz: Firehose
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#cryptocurrency #cryptomining #Kuwait #energy #PublicSafety

'Authorities in Al-Wafrah, Kuwait, cracked down on alleged crypto miners in the city, which resulted in a 55% decrease in power consumption the following week. According to Reuters, Kuwait is in a power crisis as summer temperatures are soaring. Its growing number of citizens are pushing the power grid to keep cool while some power plants are experiencing maintenance delays. '

tomshardware.com/tech-industry

Tom's Hardware · Energy use in a Kuwaiti city fell by over 50% after authorities cracked down on crypto miningBy Jowi Morales

Gizmodo: Bitcoin Mining Is No Longer Worth it. “After a dip that coincided with when the stock market crashed (remember when Bitcoin was supposed to be a hedge against market volatility?), the cryptocurrency is pushing back up toward its all-time high. Despite that, it seems that mining for the cryptocurrency is no longer worth it, even for some larger mining operations.”

https://rbfirehose.com/2025/05/03/gizmodo-bitcoin-mining-is-no-longer-worth-it/

ResearchBuzz: Firehose | Individual posts from ResearchBuzz · Gizmodo: Bitcoin Mining Is No Longer Worth it | ResearchBuzz: Firehose
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#cryptocurrency #Bitcoin #cryptomining #energy

'After a dip that coincided with when the stock market crashed...the cryptocurrency is pushing back up toward its all-time high. Despite that, it seems that mining for the cryptocurrency is no longer worth it, even for some larger mining operations. According to data recently published by CoinShares, the cost of electricity and computational power needed to mine for Bitcoin now often exceeds the actual value of the coin.'

gizmodo.com/bitcoin-mining-is-

Gizmodo · Bitcoin Mining Is No Longer Worth itThe cost of electricity outweighs the coin's price.

Tom’s Hardware: Bitcoin miners front-running tariffs by scrambling to ship thousands of machines before penalties hit. “Luxor Technology, a Bitcoin mining software and services company building machines in Thailand, is in a quandary: It needs to ship 5,600 units before the tariffs hit. Lauren Lin, Head of Technology at Luxor, told Bloomberg that they’re considering chartering a flight to […]

https://rbfirehose.com/2025/04/05/toms-hardware-bitcoin-miners-front-running-tariffs-by-scrambling-to-ship-thousands-of-machines-before-penalties-hit/

ResearchBuzz: Firehose | Individual posts from ResearchBuzz · Tom’s Hardware: Bitcoin miners front-running tariffs by scrambling to ship thousands of machines before penalties hit | ResearchBuzz: Firehose
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BBC: Bitcoin in the bush – the crypto mine in remote Zambia. “Water and electronic equipment don’t usually mix well but it’s precisely the proximity to the river that’s drawn bitcoiners here. Philip [Walton]’s mine is plugged directly into a hydro-electric power plant that channels some of the Zambezi’s torrent through enormous turbines to generate continuous, clean electricity. More […]

https://rbfirehose.com/2025/03/28/bbc-bitcoin-in-the-bush-the-crypto-mine-in-remote-zambia/

ResearchBuzz: Firehose | Individual posts from ResearchBuzz · BBC: Bitcoin in the bush – the crypto mine in remote Zambia | ResearchBuzz: Firehose
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New partnership to bring #nuclear technology to a #CryptoMining plant in #NorthTonawanda

Story by Prabhat Ranjan Mishra, January 8, 2025

"A new collaboration between the two companies could bring nuclear technology to a crypto-mining plant in North Tonawanda.

The memorandum of understanding signed between Digihost and #NANONuclear in December is aimed at bringing nuclear reactor technology to the #Digihost’s current crypto mining plant in #ErieAvenue."

Read more:
msn.com/en-us/technology/tech-
#NoNukesForAI #CryptoCurrency #NoNukes #NuclearWaste #Terminator #NewYorkState

www.msn.comMSN

adn.com/business-economy/energ

Privately owned Hilcorp, one of Alaska’s biggest oil producers, is working with a Texas-based firm to place a small, pilot data center at its Endicott field,

“The goal of this pilot project is to demonstrate the ability to operate computers and associated data center infrastructure in the unique environment of the North Slope, as well as identify any logistical and operational challenges…"
#Alaska #fossilfuels #cryptomining

Anchorage Daily News · Arctic bitcoin? Hilcorp, tech firm aim to test North Slope data centerBy Nathaniel Herz Northern Journal

A proposed #climate tax on #crypto mining is gaining momentum

"A levy on energy-hungry #CryptoMining, at $0.045 per kilowatt-hour (kWh) of electricity used, could generate $5.2 billion in revenue annually, according to a report released last week by the Global Solidarity Levies Task Force, led by Kenya, Barbados, and France."

theverge.com/2024/11/22/243023

The Verge · A proposed climate tax on crypto mining is gaining momentumBy Justine Calma