A known power company of Iran Tavanir shut down nearly 1100 farms engaged crypto mining recently as they were operating without a valid license. They took the help of whistleblowers to identify such miners and the individuals who provided such critical information received 100 million rials for their cooperation, according to media sources. Hence for …
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Recently market research was conducted that proved Bitcoin mining only accounted for one-third of the total power consumption. The analysis of the 20 largest crypto assets was done to come to a conclusion. The regulators have been evaluating the impact of crypto mining on the environment recently. The researchers working at Munich’s Technical University have …
Continue reading “Altcoins Account for One-Third of Total Crypto Mining Power Usage”