In brief Demis Hassabis says AGI is likely only a few years away. He wants a new U.S. standards body to evaluate …
Electricity
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Mining
Thailand cracks down on crypto mining, uncovers $1.2M electricity theft
by shayaanby shayaanThai authorities raided 14 sites across five northeastern provinces on June 21. The authorities recovered 315 illegal Bitcoin mining rigs during the …
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Mining
Georgia targets illegal crypto mining with new electricity meters in Mestia
by shayaanby shayaanGeorgia is intensifying its fight against unauthorized cryptocurrency mining by rolling out new electricity meters across villages in the northwestern Mestia region, …
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Mining
Russia slides on crypto mining rankings over higher electricity costs, stronger ruble
by shayaanby shayaanRussia is on its way to losing its spot as the world’s second-largest Bitcoin mining destination, after the United States, to China, …
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Mining
BTC miners grow in Georgia on low electricity rates and favorable regulations
by shayaanby shayaanGeorgia is registering increased energy consumption in its crypto mining sector, which has been growing thanks to low electricity rates and favorable …
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Markets
Why machine-to-machine payments are the new electricity for the digital age
by shayaanby shayaanIf continuous M2M payments are the new electricity, then blockchains must be seen as the new power grid, Huang contends. www.coindesk.com
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Mining
Thailand seizes 996 Bitcoin miners after busting local operation stealing electricity
by shayaanby shayaanThai authorities confiscated 996 Bitcoin (BTC) mining rigs in Chon Buri province, accusing operators of illegally siphoning electricity to power the energy-intensive …
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Mining
Thai Authorities Seize Nearly 1,000 Bitcoin Miners in Electricity Theft Bust
by shayaanby shayaanLaw enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. …
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Mining
Thai authorities unplug Bitcoin mine that stole millions of baht in electricity
by shayaanby shayaanThailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of …
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Mining
Electricity shortages thwart Russia’s AI ambitions, despite crypto mining bans
by shayaanby shayaanElectricity shortages have caused problems for many economies, limiting Russia’s AI ambitions, although the country has cut on the energy-consuming crypto mining …