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Bit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan

29.7.2021
Bit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The new devices are expected to increase the Chinese company’s total hashrate capacity by an estimated 165 petahashes per second. Bit Mining Buys...

Helium Hotspot Miner – Mining With Helium Bar

29.7.2021
PRESS RELEASE. Helium Network developed a decentralized peer to peer wireless network, which can connect different compatible devices through a series of hotspots. By being a part of this network, people can earn cryptocurrencies (HNT). The Helium hotspot miner network is growing steadily. Hence...

Iran Raises Alarm Over Potential Influx of Miners From China

28.7.2021
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...

Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges

27.7.2021
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...

Is it Real to Earn Free BTC With Cloud Mining Apps?

27.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists. Over the course of the last 10 years, we have all gotten very used to Bitcoin mining that involves specialized ASIC miners, and huge warehouses full of rigs, typically located in China. Nevertheless, with...

Kubernetes Clusters Used to Mine Monero by Attackers

26.7.2021
Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of Argo Workflows machines connected to the internet, deploying...

BTC Mining Migration, Challenges & Forecasts for the Post-crackdown Industry

25.7.2021
Bitcoin (BTC) mining is on the move. Once the preserve of China and its vast stores of energy, it’s now increasingly setting up elsewhere in the world, with its migration accelerated by the recent governmental crackdown in the Asian nation. As reported, the Cambridge Centre for Alternative Finance...

Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan

24.7.2021
Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs. Bitmain to Work With Mining Facility Operator Enegix...

Chinese Miners Pivot to Alternative Currencies to Keep Operating

24.7.2021
The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners...

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