What's Hot

    Pavel Lerner, co-founder of the EXMO crypto exchange, was detained in Spain

    03.02.2023

    Key Ripple-Backed XRP Ecosystem Shut Down

    03.02.2023

    Kathy Wood called bitcoin the best financial insurance

    03.02.2023
    Facebook Twitter Instagram
    Friday, February 3
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Mining»Argentina took up miners after blackouts
    1b46621a5e5118d7cca0f1a13d5ca0fdd0f069ac
    Mining

    Argentina took up miners after blackouts

    AdministratorBy Administrator04.01.2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 1 m


    The Argentine authorities ordered Cammesa, which operates the wholesale electricity market in the country, to draw up a register of large consumers engaged in the extraction of cryptocurrency. Judging by the fact that all energy-intensive enterprises received these requests, the government did not delve into this industry.

    Argentina ranks 27th in the world in terms of generation, extracting 35% of its energy from renewable sources, while maintaining acceptable prices per kilowatt, which has become the reason for the massive migration of miners.

    The commissioning of a large number of mines has resulted in increased power grid loads and supply disruptions in several provinces. The Argentine authorities have only now realized that the uneven distribution of miners can threaten the country with permanent blackouts.

    Government sources are talking about a likely increase in mining taxes. These funds will be spent on energy development. Alternatively, the authorities will offer miners to invest in the power industry on their own, thereby exempting them from paying additional taxes.

    Perhaps the most unpleasant for miners was the rumors about the introduction of a tariff grid that would increase the cost of kW for mining cryptocurrency. This will lead to the disappearance of the activities of the mines and the exodus of major players in the industry.




    #Argentina #miners #blackouts

    Argentina blackouts Miners
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Core Scientific repaid loan with bitcoin miners

    03.02.2023

    Two mining farms discovered in the Irkutsk Regional Psychiatric Hospital

    03.02.2023

    “Best moment to expand.” How Miners Survive the Crypto Winter

    03.02.2023

    Marathon Digital sold 1500 BTC in January

    03.02.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Pavel Lerner, co-founder of the EXMO crypto exchange, was detained in Spain
    • Key Ripple-Backed XRP Ecosystem Shut Down
    • Kathy Wood called bitcoin the best financial insurance
    • ​User paid a fee of $32,000 for a transfer on the Ethereum network
    • Twitter Suspends Doge Tipping Tool
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.