Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China... Read more »
OpenSea transaction volume spikes to new ATH

OpenSea transaction volume spikes to new ATH

The largest NFT marketplace OpenSea has just broken its monthly transaction volume record of $3.5 billion with two weeks left to spare for this month. OpenSea crosses the $3.5 billion mark OpenSea... Read more »
Demand for Mining Hardware Spikes in Russia, Prices Rise

Demand for Mining Hardware Spikes in Russia, Prices Rise

The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines... Read more »