Electricity

Electricity

Juridique

Bitcoin Miners’ High Hopes for Latin America Dented by Paraguay

The industry’s potential in the region was touted at a conference in Cancun, Mexico, last month, but a crypto mining-friendly bill in Paraguay was shot down last week.

Palacio legislativo de Paraguay. (Eliza Gkritsi/CoinDesk)

Juridique

Paraguay Votes Down Crypto Regulatory Bill in a Blow to Crypto Mining Industry

The bill would have capped how much the grid operator can charge bitcoin miners for electricity.

Palacio legislativo de Paraguay. (Eliza Gkritsi/CoinDesk)

Juridique

Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners

Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.

Rig de minería cripto. (South_agency/Getty Images)

Juridique

EU Countries Must Be Ready to Block Crypto Mining, Commission Says

The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.

The EU flag (Christian Lue/Unsplash)

Juridique

Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation

The legislature last month approved a bill regulating crypto mining and trading in the country.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Analyses

Need a Use Case for Decentralization? Start With Energy

Amid the bear market, the crypto/blockchain industry needs to demonstrate how it can be useful. The dysfunctional energy system is a good place to make a mark, says CoinDesk's chief content officer.

(Rachel Sun/CoinDesk)

Layer 2

Russian Crypto Miners Brace for Sanctions Fallout Amid Ukraine Conflict

The ruble’s fall has made mining more profitable in Russia for now, but parts and shipping costs are set to rise.

A BitCluster crypto mining site in Khanty-Mansiysk, Russia. (Image Credit: BitCluster)

Juridique

Electricity Consumption in Siberian Region Rises Fourfold Due to Crypto Mining

The Russian government is working on new crypto mining regulation.

Lake Baikal in Siberia's Irkutsk Oblast. (Image credit: Ekaterina Sazonova)

Juridique

Belarus Introduces Special Electricity Tariff for Miners

Crypto miners are now being classified in the same category as data centers.

Belarus capital Minsk

Juridique

Russian Energy Minister Says Miners Should Pay More for Electricity

Using energy at retail rates for crypto miners is unacceptable, Nikolay Shulginov said.

Mining machines (GreenBelka/Shutterstock)