Yongsan Electronics Market, a shopping centre in South Korea, has banned bitcoin mining after it found some stores were using its electricity to mine the cryptocurrency. “One store had over 100 ASIC miners running simultaneously, which led to an unexpected rise in energy consumption,” the management added. Once store ran $300,000 worth of ASIC miners and GPUs around the clock to mine bitcoin and other cryptocurrencies, the electronics market said. The move comes as Bitmain Technologies Inc (BTC.N) is set to launch an upgraded version of its flagship Antminer S9 miner.
Yongsan Electronics Market, a shopping centre in South Korea, has banned bitcoin mining after it found some stores were using its electricity to mine the cryptocurrency. Once store ran $300,000 worth of ASIC miners and GPUs around the clock to mine bitcoin and other cryptocurrencies, the electronics market said. The move comes as Bitmain Technologies Inc (BTC.N) is set to launch an upgraded version of its flagship Antminer S9 miner.