Tag: Energy Costs
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Bitcoin mining costs in New Zealand rise as prices slip
Bitcoin mining in New Zealand: a cost-heavy equation As the global price of Bitcoin drifts to around US$86,000 (about NZ$147,000), miners in New Zealand face a stark reality: the energy required to mint new coins is eating into profits. The Cambridge Bitcoin Electricity Consumption Index tracks the energy intensity of Bitcoin mining, and recent data…
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Bitcoin mining costs rise in New Zealand as price falls
New Zealand’s Bitcoin Mining Costs Surge as Prices Tumble Bitcoin’s latest price drift has reignited debate over the economics of mining, especially in energy-conscious markets like New Zealand. With the cryptocurrency hovering around US$86,000 (roughly NZ$147,000), the cost of producing a single coin is drawing scrutiny from miners, investors, and policymakers alike. Recent figures from…
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Bitcoin Mining Costs in New Zealand: When Energy Bills Outstrip Profits
High Energy Bills Meet Slumping Bitcoin Prices The cost of producing Bitcoin in New Zealand has become a growing concern for miners, as a combination of elevated electricity prices and a sliding market price squeezes margins. With Bitcoin hovering around US$86,000 (approximately NZ$147,000) in recent data, the economics of running mining hardware in New Zealand…
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Kenyan Manufacturers Struggle as High Taxes, Input Costs and Power Widen Profit Gap
Rising costs squeeze Kenyan manufacturers Kenyan manufacturers are grappling with persistently high production costs that erode profitability and threaten the sector’s growth prospects, according to a new study by the Kenya Institute for Public Policy Research and Analysis (KIPPRA). The report highlights a triple burden of high taxes, expensive inputs, and unreliable power supply as…
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We’re in Survival Mode: Why Liverpool’s Hospitality Scene is at Breaking Point
Introduction: A city’s heartbeat under pressure Liverpool’s hospitality sector has long been a barometer of the city’s vitality. Cafés spilling onto pavements, pubs buzzing with conversation, and hotels full enough to give visiting fans a sense of the city’s energy are familiar sights. Today, those scenes are under threat. Business leaders warn that a perfect…
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Liverpool’s Hospitality at Breaking Point: A Call to Protect the City’s DNA
Introduction: a city on the edge Liverpool’s pubs, bars, hotels and restaurants have long been the heartbeat of the city’s social and economic life. In recent months, however, leaders of the hospitality sector warn that the sector is teetering on the edge. They describe a convergence of rising costs, staffing challenges and policy pressures that…
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Kenyan Manufacturers Struggle as Taxes, Power Costs Erode Profits, Study Finds
Overview: A Cost Crunch for Kenyan Manufacturers Kenyan manufacturers are under increasing pressure as a combination of high taxes, expensive inputs, and unreliable power supply continue to compress profit margins. A new study by the Kenya Institute for Public Policy Research and Analysis (Kippra) highlights that cost pressures are not only eroding competitiveness but also…
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Celebrity Pub Landlords, Starmer, and the Battle for Britain’s Pubs
Introduction: A brewing controversy over Britain’s pubs The UK’s drinking culture is a cornerstone of social life, but the pub sector is under pressure from a confluence of cost increases, changing consumer habits, and political tension. Celebrity pub landlords—well-known faces who have built brands around community pubs—find themselves at the center of a broader political…
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Nova Scotia Power’s Estimated Billing Leaves Customers Stunned
What happened with the bills Nova Scotia Power customers are reporting unexpectedly high charges this year, with some bills arriving well above typical levels. One widely cited case involved a customer who received an estimated bill of $2,755.78 for service from July through September, a figure that dwarfed the two prior charges. The situation has…
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‘You’re barred!’: Labour’s Pub Policy Challenge and the New Year Headache for MPs
Introduction: a familiar setting, a political snag As MPs trudge back to parliament after the festive lull, a familiar scene looms in the background of many constituencies: the local pub, a social hub and microcosm of policy battles. The question isn’t just about the next pint, but about the political headaches that come with it.…