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Iran Offers Bounty for Illicit Cryptocurrency Mining Operations

News Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country, Iranian news outlet PressTV reports on Nov. 13. A spokesman of the Energy Ministry announced the bounty program during an interview with local news outlet IRIB News, while illustrati..

Power Ledger Completes Peer-to-Peer Solar Energy Trading Trial in India

News Australian blockchain energy firm Power Ledger and Indian electricity distribution company BSES Rajdhani Power Limited (BRPL) have completed a peer-to-peer (P2P) solar power trading trial in the country. Power Ledger announced the news in a press release shared with Cointelegraph on Nov. 14, ..

Power Ledger Strikes Deal to Roll Out Blockchain in South Australia

News Australian blockchain energy firm Power Ledger has partnered with a local energy retailer to roll out its technology in South Australia. Power Ledger’s blockchain-based software will allow Australians to pool their excess solar and battery storage to a Virtual Power Plant for greater control ..

Japan’s Kanto Region to Track Surplus Solar Energy with Power Ledger

News Australian tech firm Power Ledger will run another blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019. In order to launch its second trial in Japan, Power Ledger teamed up with Japanese solar provider Sharing Energy and electricity retailer eRex, the firm stated ..

Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto

News An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies. $150,000 in powerOn Sept. 21, in an announcement from the Armenian National Security Service, the organization accused an IT company of illegally mining cryptocurrencies from in..

Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption

News Authorities of Kyrgyzstan cut off power to 45 crypto mining firms as they consumed more energy than three local regions combined. Following the power cut, the head of the National Energy Holding Aitmamat Nazarov stated that the cryptocurrency mining is not defined under Kyrgyzstan law, local ..

German Firm Unveils Mobile Eco-Friendly Bitcoin Mining Containers

News Bitcoin (BTC) mining infrastructure firm Northern Bitcoin AG has announced the completion of tests for its new air-cooled mining container, which houses 144 ASIC miners. A press release published on Sept. 9 outlined that the highly mobile container solution has been designed as a piece of fle..

Malaysia’s Electric Utility Says Bitcoin Miners Stole $25M in Power

News Malaysian power utility firm Tenaga Nasional Bhd (TNB) is tightening measures in a bid to stem the millions lost to electricity theft by Bitcoin (BTC) miners. According to an Aug. 15 report from EdgeProp, tampered electricity distribution boards used in local Bitcoin mining operations have co..

US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform

News The United States Department of Energy (DOE) has awarded a grant worth $1.05 million to organizations working to commercialize a blockchain-based energy transaction platform. From energy management to energy exchangeThe news comes from an August 9 press release shared by energy company ComEd,..

Malaysia: Bitcoin Miners Raided Over Stolen Electricity

Malaysian’s electricity company recently stormed the location of some bitcoin miners suspected to be using electricity illegally. According to a report by the Malay Mail, the electricity utility company suffered a loss of over $760,000 due to the activities of the bitcoin miners. The case of elect..

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