Sentences with phrase «cryptocurrency mining operations due»

Washington State's Chelan County shut down three rogue cryptocurrency mining operations due to the power draw and safety risk.

Much like the City of Plattsburgh, whose Common Council last month imposed a moratorium on new commercial cryptocurrency mining operations due to concerns over energy consumption and fire suppression, the Village of Rouses Point is allocated a comparatively small amount of cheap hydropower each month, around 13,844 kilowatts.

Not exact matches

Energy costs in most of the United States are increasing, while other nations like China — prime locations for mining operations due to their low - priced energy supplies — have sought to slow cryptocurrency innovation by «clamping down» on Bitcoin miners or limiting available energy.

Researchers at SETI (Search for Extraterrestrial Intelligence) say that they are unable to expand their operations due to the shortage of GPU chips which are apparently in short supply due to the demand for cryptocurrency mining hardware.

Plus, the Chinese government can just wake up one day and decide to crush Bitmain's mining operations due to its authoritarian nature and lack of support for bitcoin and other cryptocurrencies.