Germany’s Industrial Output Drops As Energy Prices Soar
Germany’s industrial production fell by 0.8% in August compared to July, amid a significant drop in output at energy-intensive industries, the German Federal Statistical Office...
Norway’s government proposes eliminating reduced electricity tax for Bitcoin miners By Cointelegraph
Norway’s government proposes eliminating reduced electricity tax for Bitcoin miners Trygve Slagsvold Vedum, the finance minister of Norway, has suggested the government abolish a scheme...
U.S. oil prices drop below $80 a barrel to their lowest finish since January on recession fears
Oil prices dropped sharply Friday, with U.S. crude below $80 a barrel to mark the lowest finish since January, as recession fears gripped financial markets,...
Electric Bills Soar Across the Country as Winter Looms
U.S. utility customers, faced with some of their largest bills in years, are set to pay even more this winter as natural-gas prices continue to...
Looming Gas Crunch Poses ‘Historic Test’ for Europe, IEA Says
Updated July 18, 2022 9:53 am ET Listen to article (2 minutes) European nations must take urgent and coordinated action to avert a potentially disastrous...
Iran to Cut Crypto Miners from Electricity Supply Starting July By DailyCoin
Iran to Cut Crypto Miners from Electricity Supply Starting July Iran has announced that it will be cutting off electricity supplies to crypto mining operators...
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity By Cointelegraph
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity Researchers at the federally-funded Lawrence Livermore National Laboratory (NYSE:) in California have combined...
Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse
Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy...
Kenya’s Largest Electricity Provider Pledges to Supply Bitcoin Miners with Extra Power By DailyCoin
Kenya’s Largest Electricity Provider Pledges to Supply Bitcoin Miners with Extra Power Great news has emerged for miners in Kenya as the largest electricity provider...
Gov’t says crypto miners consume 2% of total electricity in Russia By Cointelegraph
Gov’t says crypto miners consume 2% of total electricity in Russia Crypto miners account for two percent of the total electricity consumption in Russia, according...