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According to a study, some 75% of the world’s bitcoin mining is done in China. The reason given for this in the report is cheap electricity and relatively easy access to manufacturers who make specialized hardware. As a result, the nation’s bitcoin carbon footprint is as big as one of its ten largest cities, the report suggests. The research on China’s mining activities published by peer-reviewed journal Nature Communications on Tuesday was conducted by academics from the University of the Chinese Academy of Sciences, Tsinghua University, Cornell University and the University of Surrey.
India’s central bank, Reserve Bank of India (RBI) kept interest rates at record lows but committed to a massive government bond purchase program, keeping monetary policy accommodative amid concerns rising COVID-19 cases could derail a nascent economic recovery. The monetary policy committee decided unanimously to leave the RBI’s repo rate, its key lending rate, u
Paging Governor Newsom: Politicians Dine At Exclusive Private Restaurants During Lockdowns
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Covid: Paris police probe secret luxury dinner parties
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Paris police probe secret luxury dinner parties © Getty Images Some well-heeled Parisians are allegedly holding secret dinner parties
French police have launched an investigation into alleged clandestine fine dining and parties in Paris, revealed in an undercover TV report.
French Interior Minister Gérald Darmanin ordered the probe, saying such gatherings, breaching Covid lockdown rules, would be totally unacceptable .
A private TV channel, M6, tweeted the undercover film, with the description caviar, champagne, top chefs menus and no compulsory mask .
France is now in its third lockdown.
The new restrictions took effect nationally on Saturday and will continue for four weeks, with the aim of curbing a surge in Covid-19 cases. On Sunday the number of Covid patients in intensive care rose to 5,341, putting French hospitals under huge strain.
France cuts economic growth forecast to 5% amid lockdown
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.