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| May 23, 2018

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Running Archives -

Pawlenty Running for Governor Again After Long Hiatus

April 5, 2018 |

Former Minnesota Gov. Tim Pawlenty announced Thursday he will run for his old job, ending months of speculation about a return to politics following his short-lived 2012 presidential campaign, the AP reports. The two-term Republican governor had been inching toward a run for months, quitting his Washington lobbying job and…

Cynthia Nixon: Yep, I’m Running

March 20, 2018 |

The rumors are true: Cynthia Nixon is running for governor of New York. “I love New York, and today I’m announcing my candidacy for governor,” the Sex and the City actress posted Monday on Twitter , along with a link to her campaign fundraising page and a video ad in which…

The other opioid crisis: hospitals are running short of powerful painkillers

March 16, 2018 |

Even as opioids flood American communities and fuel widespread addiction, hospitals are facing a dangerous shortage of the powerful painkillers needed by patients in acute pain, according to doctors, pharmacists and a coalition of health groups.

The shortage, though more significant in some places…

L.A. Times – Business

Warren ‘Not Running for President,’ But Hedges on One Thing

March 11, 2018 |

Sen. Elizabeth Warren says she’s not running for president in 2020, but another six-year term as senator? That she wouldn’t confirm, Politico reports. “I am in this fight to retain my Senate seat in 2018,” she says on Meet the Press when Chuck Todd asked whether she’d complete another six…

Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed

March 9, 2018 |

Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed

From wrecking the environment to making it harder to search for alien life, cryptocurrency mining has been blamed for a multitude of sins. But to cause time itself to slow down is a fresh charge and one which, on the surface, sounds impossible. Something strange is happening in Central Europe right now: clocks are running slow, and not by fractions of a second, but entire minutes. Could large scale crypto mining be responsible or is it being made a convenient scapegoat?

Also read: New Study Looks at the Cost to Mine BTC Across the Globe

Overclocked Miners May Be Slowing the Clocks

Ever since mid January, the Continental European Power System has been experiencing anomalies. This huge belt of 25 countries, running from Spain to Turkey and from Poland to the Netherlands, has been subject to “a continuous system frequency deviation from the mean value of 50 Hz” reports the European Network of Transmission System Operators for Electricity (ENTSO-E). The location of the disturbance has been identified – Kosovo and Serbia – but the cause has not.

The power deviations that have been affecting electrical frequencies have had the weird knock-on effect of delaying clocks that calculate their time based on the frequency of the power system. As a result, these are running at “a delay of close to six minutes”. It’s unclear exactly how this slowdown manifests itself, over what period, and whether these clocks can be manually adjusted to show the correct time. What is clear is that the power drain responsible for this anomaly is huge: 113 GWh, which is equivalent to the power consumption of Greenland for six months. Central heating timers and oven clocks are among the systems affected.

Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed
Red lines show the main power lines in the European region responsible

The Search for a Culprit Intensifies

ENTSO-E is clearly unhappy about the missing power and its strange side effects. In fact it’s seething, but is literally powerless to act. The situation, it acknowledges, is largely a political one that would require the cooperation of the countries suspected of causing the huge power drain. On the Swiss Grid website, the current deviation from 50 Hz can be viewed in real time. At the time of publication it was sitting at 49.970 Hz, causing a grid time deviation of 345 seconds. The site explains: “There are still many clocks which go by the frequency in the electricity grid. If the frequency is higher, they go faster. If the frequency is lower, they go more slowly.”

Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed

The question of what could be siphoning off electricity on such a grand scale remains unresolved. It could be a top secret project involving a particle accelerator akin to the Large Hadron Collider. It could be government impropriety or incompetence. Or it could be crypto miners. Suspicions are falling on the latter option. Electricity rates in Serbia and Kosovo are among Europe’s cheapest, with the price of mining one bitcoin in these regions estimated to be $ 3,133, placing them on a par with China. “The first step [to resolving the issues] is to cease the deviation,” writes ENTSO-E. “The second step is to compensate for the missing amount of energy.” Crypto miners could yet be exonerated of all charges. But until the culprit can be identified, an enormous rogue mining operation remains a strong possibility.

Do you think crypto miners could be responsible for the power drain, or are they a convenient scapegoat? Let us know in the comments section below.

Images courtesy of Shutterstock, and Swiss Grid.

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The post Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed appeared first on Bitcoin News.

Bitcoin News

Sen. Kirsten Gillibrand ‘Running Perfect Presidential Campaign’

March 8, 2018 |

Sen. Kirsten Gillibrand is “running a perfect presidential campaign,” one political consultant tells Politico . The New York Democrat backed—through endorsements and donations—seven women running for office in Texas and saw all seven of them move on during the state’s primaries Tuesday. Lillian Salerno, MJ Hegar, Gina Ortiz Jones,…

Driver Faces Charges After Running Over Himself

March 7, 2018 |

A northern Virginia man is facing charges including driving while intoxicated and possessing marijuana after a police pursuit in which he ended up running over himself, the AP reports. Fairfax County Police released dashboard video of Tuesday’s incident in which 30-year-old Isaac Bonsu is seen getting out of his car…


Terrell Owens Says Aldon Smith Is Running Outta Chances

March 6, 2018 |

Aldon Smith’s latest slew of off-field incidents might spell the end of his NFL career — so says Terrell Owens. FYI, Smith recently checked into rehab to fight an alleged alcohol addiction … on the heels of a DV incident with…

KFC runs out of gravy a week after running out of chicken

March 1, 2018 |

While 95 percent of the chain’s restaurants in the UK are back up and running, some of them are serving a limited menu sans gravy.
FOX News