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“Paraguay has access to an abundance of surplus renewable power, and these acquisitions secure valuable, yet limited, sustainable energy contracts while broadening our foothold in a resource-rich country,” Geoff Morphy, CEO of Bitfarms, said in a statement. Source
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Bhutan is bullish on Bitcoin (BTC). Following the revelation that the small Himalayan kingdom has been quietly accumulating crypto, the country is also mining Bitcoin. Moreover, the country of less than 800,000 people leverages green energy to power its Bitcoin mining operations.Known for its focus on “Gross National Happiness” and picturesque
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In the pursuit of economic sustainability, northern Italian hydropower producers are turning to bitcoin mining. Original Source
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Kazakhstan is facing severe electricity shortages, in part due to the swarm of crypto miners arriving in the wake of China’s crackdown on the industry. Miners in the country have been facing power rationing since September, an Enegix spokesperson said prior to the event. Source
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Regulators from Yingjiang County in Yunnan, China have issued strict warnings to hydroelectric plants against supplying power to enterprises involved in Bitcoin (BTC) mining. A recent report claimed that the Office of the People’s Government of Yingjiang County issued notice to hydropower plants to strengthen oversight on Bitcoin mining operations. According
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En+, one of the largest aluminium and power producers in the world, is venturing into crypto mining. En+ decided to enter the crypto space after some experimentation in the field, the firm’s chief financial officer, Mikhail Khardikov, told CryptoX via a spokesperson. Three years ago the company got mining firm BitRiver
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A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity ahead of the summer rainy season.Ya'an, one of the many cities in China's mountainous Sichuan province, a region that's estimated to account for over 50 percent of Bitcoin network's computing
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