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A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local utility are taking on the issue of dealing with power shortages in the mountainous region of Svaneti. With Tourism Hit by Pandemic, People in Georgia … Read more
Zermatt, a municipality in Switzerland at the foot of the Matterhorn known for its ski resort, has started accepting bitcoin for government services. The Zermatt town hall now has a point-of-sale solution, installed by Zug-based Bitcoin Suisse, to accept the cryptocurrency. A spokesperson for the municipality has shared more details with news.Bitcoin.com. Also read: Dubai … Read more
Agnes Water, a beach town situated five hours north of Brisbane International Airport, has proclaimed itself to be the first “digital currency-friendly” tourist town in Australia. Over 30 businesses now accept cryptocurrency as a form of payment in Agnes Water – despite being home to just over two thousand residents. Also Read: Markets Update: Digital Currency … Read more
Last week officials from the small town of Plattsburgh New York filed a moratorium request against bitcoin mining operations that currently reside in the town and future mining endeavors. The proposal was issued by the Mayor’s office and cites concerned over electricity use and energy consumption. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals … Read more
