Black out in Irkutsk, Russia accuses domestic workers

2022-1-3 08:29
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On January 3, it was reported that Russians were mining cryptocurrency in their homes and being paid for power outages in Irkutsk. Power outages have become one of the areas where Russia keeps electricity prices the lowest. Subsidies to household electricity have boosted the mining industry income for many residents. The Irkutsk Power Grid Corporation (IESC) explained that the only way to get power is when the equipment is running 24 hours a day. Existing power lines in towns and villages are not designed for power. Constant "industry" created by mining equipment. (Bitcoin News)

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Bridgewater Fund founder reiterates warning: government could announce cryptocurrency ban
On January 3, Ray Dalio, founder of the Bridgewater Fund, reiterated warnings that the government could announce a cryptocurrency ban by talking about Bitcoin. “There are legal issues” surrounding Bitcoin. Throughout history, the government has banned gold, silver, and other things. They can restrict bitcoin. However, Dalio acknowledged that a small amount of Bitcoin in his data was used for various purposes. (Bitcoin News)
2022-1-3 08:17