Search
China’s Inner Mongolia to shut down crypto mining farms by April 2021
1.3.2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals
Belarus government explores potential move into crypto mining
26.2.2021
The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining
Ebang planning to expand business to mine LTC and DOGE
25.2.2021
The mining equipment manufacturer announced its intention to expand into mining when it went public last year
South Korean PC Gaming Rooms Rely on Crypto Mining to Profit During the Coronavirus Pandemic
25.2.2021
The coronavirus pandemic has significantly hit several entertainment routines of the people worldwide, and South Korea is not an exception. PC gaming rooms had to shut down in the country, but their owners found a way to make profits during the lockdown by participating in crypto mining. A PC Bang...
Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
24.2.2021
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report:...
Chinese Tea Retailer Joins the Crypto Mining Industry After Hiring Two Roles to Lead Its ‘Bitcoin Business Plan’
21.2.2021
A Chinese tea retailer is looking to make its inception into the bitcoin mining business. Publicly-listed Urban Tea announced the expansion of its operations by appointing two executives to pursue its crypto plans. Urban Tea Praises Cryptocurrencies’ Widespread Popularity Per...
Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’
20.2.2021
Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope...
Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot
18.2.2021
Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining
Russian crypto mining firm scrambles to meet foreign demand
18.2.2021
Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners
DDoS Attacks Slow as Botnet Operators Turn to Crypto Mining – Kaspersky
18.2.2021
Source: Adobe/profit_image
Cybercrooks are slowly turning their backs on crime because they are finding it is more profitable to mine crypto, according to research from Kaspersky Labs.
Per Kommersant, the Russian software giant said that distributed denial-of-service (DDoS) attacks in the final...
Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com
16.2.2021
BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu
Massive 70 MW Bitcoin Mining Rig Shipped to Russia
12.2.2021
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks...
Crypto Mining Farm Spotted Using High-End Gaming Laptops: Report
11.2.2021
Images have surfaced on Twitter reportedly showing a crypto-mining operation using laptops fitted with high-end Nvidia RTX 30-series graphics cards
Expert warns Hackers are Targeting Russian Government’s IT Infrastructure to Mine Cryptocurrencies
9.2.2021
A state-affiliate cybersecurity expert warned about hackers exploiting the Russian government’s IT facilities to mine cryptocurrencies. The deputy director of the National Coordination Center for Computer Incidents believes such threat actors have been very active in recent times. Global...
Serbian National Arrested and Extradited to the US for His Role in a $70M Crypto Mining Case
9.2.2021
A Serbian national has been extradited to the United States to face charges of defrauding investors out of more than $70 million through a cryptocurrency mining and binary options scam. Antonije Stojilkovic, 32, and six accomplices, who were all arrested between July and October 2020, faces up...
Ukraine Wants to Bolster its Budget with Nuclear-powered Crypto Mining
1.2.2021
The Ukrainian energy ministry is in advanced talks with a domestic crypto mining firm named Hotmine over a proposed deal to allow the company to build mining centers at more of the nation’s nuclear power plants.
As reported late last month, the ministry, in conjunction with NAEC Energoatom –...
Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant
30.1.2021
Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator...
Network-Attached Storage (NAS) Devices Infected by Bitcoin-Mining Malware
28.1.2021
A Taiwanese hardware company has warned its clients about a targeted crypto mining attack against their storage devices. The malware infects NAS devices connected to the internet by installing a crypto-miner named Dovecat. Threat Actors Install Malware That Illicitly Mines Bitcoin According to...
Crypto User Builds a Mining Rig in the Back of His BMW Hybrid Car With Six Graphic Cards
28.1.2021
A U.S. cryptocurrency miner installed a mining rig in a particular place with the motivation to “annoy gamers.” Simon Byrne installed the full infrastructure in the back of his BMW i8 hybrid car. Miner Is Trying to Create a ‘Crypto Utopia’ According to PC Gamer, Byrne...
Bitmain CEO announces departure in the most crypto way
26.1.2021
“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu