Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners... Read more »
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages

Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after... Read more »
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages

Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power... Read more »