List of Flash News about crypto mining crackdown
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2025-04-28 18:29 |
European Power Outage Disrupts Crypto Markets as Bitcoin Miners Crash Grid: WSJ Report
According to @AltcoinGordon citing The Wall Street Journal, a significant European power outage was triggered by excessive energy consumption from Bitcoin mining operations, causing the grid to crash. This unexpected infrastructure failure has led to widespread concerns over regulatory crackdowns on crypto mining, increased volatility in Bitcoin prices, and potential shifts in mining activity to other regions. Traders are advised to closely monitor regulatory updates and energy policy changes in the EU, as these factors could drive sudden price swings and liquidity shifts in the crypto market (Source: WSJ via @AltcoinGordon). |