[ad_2][ad_1] Iran has granted bitcoin miners exclusive access to electricity generated by three power plants for their mining activities, according to Thermal Power Plant Holding Company (TPPH). Mohsen Tarztalab, managing director of TPPH, told a local news agency on Monday that “the necessary equipment has been installed in three power …
Read More »The Bitcoin network now consumes 7 energy-worthy nuclear power plants
[ad_2][ad_1] The SHA256 hashrate protecting the Bitcoin network has grown tremendously in recent years, as Bitcoin’s processing power hit an all-time high in 2020. Furthermore, the gigawatts of electricity consumption that power industrial bitcoin mining today consume up to seven nuclear power plants. Bitcoin mining is a process where groups …
Read More »Power plants in Iran now licensed to mine Bitcoin
[ad_2][ad_1] Power plants in Iran are allowed to mine cryptocurrencies, confirmed the deputy head of the country’s power generation, distribution and transmission company (Tavanir). Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that the entities must apply for the necessary licenses from the Ministry of Industry, Mines and Trade and …
Read More »A look at some of the Bitcoin extraction plants "Next Generation" available today
[ad_2][ad_1] Extraction In the last year, cryptocurrencies have lost a lot of value but bitcoin miners continue to process transactions and earn block premiums. In 2018 a lot of new mining drilling rigs have been announced that have filled a serious hashrate. At the start of the new year, some …
Read More »The government of Abkhazia cuts power at 15 cryptocurrency mining plants
[ad_2][ad_1] The Government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity problems, the Chernomorenergo RUE state power utility announced in a Facebook post on December 31st. For the announcement, Chernomorenergo stopped supplying 15 plants with a total capacity of 8,950 kilowatt hours …
Read More »This week in Bitcoin: Amazon wants to track you and TD Ameritrade plants a flag
[ad_1] The weekly In the last days we have learned how Amazon wants to monitor your bitcoin transactions, because TD Ameritrade has placed its flag in the blockchain, and also how close to reality the flying machines are. These stories and many others have been covered in the daily editions …
Read More »Blockchain Plants Microinsurance Advantage in Sri Lanka Paddy Fields
[ad_2][ad_1] Aon, Etherisc and Oxfam in Sri Lanka have recently announced a joint program to help rice farmers in Sri Lanka enjoy micro-insurance. The solution offers Oxfam and its partners a low-cost automated indexed insurance product with a higher percentage of claims premiums and immediate payment. "We have been able …
Read More »GE wants to build virtual power plants using Blockchain
[ad_2][ad_1] GE is investigatingblockchainpotentially integrating technology into a virtual power plant (VPP) offering, probably provided through the company's Predix platform. Steve Martin, Chief Digital Officer of GE Power, told GTM that the move was the response to a general trend that goes from large central plants to distributed generation. GE …
Read More »Two large-scale Blockchain plants opened by the Eixx blockchain in Iceland.
[ad_2][ad_1] A new division of Etix Group, Etix Blockchain, has announced the opening of two new Blockchain plants in Iceland. The buildings are located near the Icelandic capital Reykjavik (just 10 minutes from the Keflavík International Airport). The other building is located in Blönduós (located in the north of the …
Read More »