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Blockchain cryptocurrencies Cryptocurrency electricity mining Russia

Government of Abkhazia Cuts Off Power to 15 Cryptocurrency Mining Facilities

The government of Abkhazia has cut off power to 15 crypto mining farms due to concerns over electricity consumption. The government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity concerns, state electric utility Chernomorenergo RUE announced in a Facebook post on Dec. 31. Per the announcement, Chernomorenergo […]

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Bitcoin Canada cryptocurrencies Cryptocurrency electricity Energy mining

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation

Canada-based blockchain and crypto company DMG Blockchain Solutions has energized most of its 85 megawatt crypto mining facility in British Columbia. Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will start at 60 megawatts, and […]

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Blockchain Cryptocurrency direct trading electricity electricity trading japan japan unisys kansai electric power mitsubishi ufj MUFG nihon unisys solar energy university of tokyo

Japanese Consortium to Research Direct Trading of Electricity with Blockchain

A Japanese consortium is to research the use of blockchain technology to determine the price of surplus electricity generated by photovoltaic power generation, and a new system capable of direct trading. Japan Unisys to Build Blockchain Platform to Facilitate Trading of Electricity A partnership between the University of Tokyo, IT company Japan Unisys, electric utility Kansai […]