Bitcoin
30 Bitcoin miners detained in Malaysia electricity theft investigation
Malaysian police have detained two men and seized 30 Bitcoin mining machines after uncovering an operation in Seri Iskandar that allegedly used an illegal…
Topic
Electricity
Bitcoin
Ethiopia cuts power to Bitcoin miners as El Niño strains hydropower
Ethiopia has cut electricity supplied to Bitcoin miners to 23% of contracted levels after a 20% drop in reservoir inflows strained the country’s hydropower…
Cryptocurrency
Mexico seizes 300 GPUs at suspected illicit crypto farm
Mexican authorities seized 300 GPUs at a hidden Puebla crypto farm while investigating possible electricity theft and money laundering.
News
Mining 50 BTC for $5.68 Looked Too Expensive 16 Years Ago
A 2010 Bitcoin forum post shows an early miner calling the $5.68 electricity cost of producing a block containing 50 BTC “a net loser.”.