China Forces Bitcoin Miners to Scale Down Amid Electricity Shortfall

China Forces Bitcoin Miners to Scale Down Amid Electricity Shortfall

With the dry season approaching, Bitcoin miners in China’s Sichuan province may be forced to reduce their electricity consumption. Prioritizing Communal Electricity Needs Over Crypto Miners According to Asia Times, authorities in Sichuan Province, China, are reportedly leaning on Bitcoin miners to cut down electricity consumption. This news comes amid the dry season in Southwest … Read more…

Floating nuclear plant produces electricity in remote Russian region

Floating nuclear plant produces electricity in remote Russian region

The Akademik Lomonosov floating nuclear power unit moored at the port of Pevek in the Chukotka Autonomous Area, in Russia’s Far East. Alexander Ryumin | TASS | Getty Images A floating nuclear power plant has been connected to the grid and has commenced electricity production for the first time in a remote region of Russia.  … Read more…

Nigeria threatens to stop supplying power to Togo, Benin, and Niger, for non-payment of debts

Nigeria threatens to stop supplying power to Togo, Benin, and Niger, for non-payment of debts

(Togo First) – As its neighbors already suffer from the closure of its borders with Benin and Niger, Nigeria threatens to stop supplying power to Togo, Benin, and Niger if they fail to pay outstanding debts of $16 million they owe the giant. Initially, Togo and Benin owed Nigeria more than $100 million but paid most of … Read more…

FG threatens to disconnect Togo, others from electricity over $16 million debt

FG threatens to disconnect Togo, others from electricity over $16 million debt

Togo, Benin and Niger Republic might lose their power supply as the Federal Government has threatened to disconnect their electricity if they are not forthcoming in their electricity bill to Nigeria. The threat was made by the Managing Director of the Transmission Company of Nigeria (TCN), Usman Mohammed, who explained that prior to his emergence … Read more…