$1.19B Deficit Hole Listed on Balance Sheet: Celsius Network
A $1.19 billion deficit was listed on Celsius Network's balance sheet in a court filing on Thursday. “The amount of digital assets on [Celsius’s] platform grew faster than the company…
blackouts
Company
consumption
crypto farms
crypto miners
crypto mining
deficit
Electricity
Energy
illegal
Iran
Iranian
Miners
Mining
Mining Devices
mining hardware
mining machines
NEWS
Power
power utility
shortages
Tavanir
unauthorized
unlicensed
Iran Shuts Down More Illegal Crypto Farms, Bringing Total To Over 5,300
Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal…
authorized
BAN
Capacity
consumption
crypto miners
crypto mining
CRYPTOCURRENCY
deficit
Electricity
Energy
illegal
Iran
Iranian
Legal
licensed
Miners
Mining
mining farms
Ministry of Industries
NEWS
Power
rates
registered
restrictions
shortages
tariffs
Tavanir
Iranian Ministry Of Industries Denies Power Shortages Are Caused By Illegal Crypto Miners
Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir,…
Abkhaz
Abkhazia
BAN
crypto miners
crypto mining
deficit
Electricity
Energy
legalization
Miners
Mining
Negotiations
NEWS
Power
Russia
Supplies
Supply
Talks
Abkhazia Holds Talks With Russia To Ensure Electricity Supply For Crypto Miners
The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now…