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Russian Energy Companies Crack Down on Domestic Crypto Miners


Russian energy providers are hunting illegal crypto miners who plying their trade from home, the government has said. Per Izvestia, the Deputy Energy Minister Pavel Snikkars stated that some “home”-based miners have successfully changed the load profile of their electrical connections – allowing...

Russia Cracking Down on Crypto Miners Minting in Residential Areas


Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto...

Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba


Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts also affect telecommunications, leaving some of these operations that rely on off-grid power plants...

Paraguayan Cryptocurrency Law Shelved After Presidential Veto


The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to obtain the votes needed to reject the presidential...

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