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Illegal Crypto Mining Operation Found Hidden Under High School
27.2.2023
A man has been arrested and is facing charges in a small town outside of Boston after local authorities discovered “an illegal cryptocurrency mining operation” tucked away under a school’s floor.Read more
Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners
26.2.2023
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption...
Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year
25.2.2023
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year...
Bitcoin price tumbles to 10-day lows as 'Notorious B.I.D.' keeps support at $22.5K
25.2.2023
Bitcoin bulls have little to celebrate as BTC price action retraces more hard-won February gains
Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners
24.2.2023
The partnership will jointly develop the Litecoin ecosystem to hedge risk and lower carbon emissions
Man faces arrest over alleged crypto mine hidden under a school
24.2.2023
The Massachusetts-based man is alleged to have stolen nearly $18,000 worth of electricity to run 11 miners in a school’s crawl space
Montana’s ‘right to mine’ crypto bill moves closer to passing as law
24.2.2023
The bill seeks to enshrine crypto miners' rights and will still have to pass muster in the states House before its signed into law by the governor
Montana Senate Passes Bill Protecting Crypto Miners
23.2.2023
The state's congress will vote next on the bill, which protects bitcoin miners from utility rate hikes and measures by local governments
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
23.2.2023
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto...
Sharp Rise in Dating App-based Crypto Mining Scams in South Korea
23.2.2023
There has been a rise in scams that use dating apps to lure victims onto bogus crypto mining platforms, a South Korean security provider has claimed.
Per EDaily, the claims were made by the regulation technology developer and security provider Uppsala Security. The firm said that scammers are...
Bitcoin Mining Consulting Firm Sabre56 Raises $35M to Build 150MW of Hosting Sites
23.2.2023
The consulting firm is moving onto the hosting business — and it already has a 'waiting list' of clients
Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs
22.2.2023
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address...
Enterprise blockchain is transforming business operations and reducing costs: Web3 exec
22.2.2023
According to Daniela Barbosa, the Executive Director at the Hyperledger Foundation, some challenges involved in adopting enterprise blockchain include a lack of complete comprehension of the technology's advantages
Luxor Mining acquires Ordinalhub amid Bitcoin-based NFTs hype
22.2.2023
The Bitcoin mining firm said it is acquiring OrdinalHub amidst a flurry of interest in mining and purchasing Bitcoin-based NFTs, known as Bitcoin Ordinals
Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group
22.2.2023
Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power...
Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times
21.2.2023
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block...
Crypto and Bitcoin Miners Rebrand and Diversify to Survive: A Look at Their New Strategies.
21.2.2023
Some of these new business lines are more profitable than bitcoin mining – but not all
Hut 8 CEO weighs in on the bull and bear markets from a mining perspective
21.2.2023
Jaime Leverton has led digital asset mining player Hut 8 over the past two years, wading through the waters of the bull market of 2021 and the bear market of 2022
Crypto Miner Hive Blockchain's Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin
21.2.2023
The Canadian miner is launching its high-performance computing cloud business, which is 25 more profitable than mining
Cryptocurrency miners are leading the next stage of AI
20.2.2023
A globally distributed AI network that relies on mining rigs will be difficult for governments to control, according to Dr. Ben Goertzel