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Nalezeno "Crypto-Mining": 619

Pennsylvania crypto mining permit halt cut from bill after union pressure

17.10.2023
The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee

The Halving and Bitcoin ETFs Will Shake up the Crypto Mining Market in 2024 – GoMining CEO Mark Zalan

5.10.2023
GoMining is an innovative cryptocurrency mining project driven by a vision to revolutionize the industry and promote inclusivity. With the objective of making crypto mining accessible, efficient, and highly profitable for individuals of all backgrounds, they have assembled a team of accomplished...

Bitcoin mining restricted to legal entities in Uzbekistan: Official

4.10.2023
Cryptocurrency mining in Uzbekistan can only be carried out by legal entities with the use of solar power, the local crypto watchdog has reiterated

Promoters and Attorney of $100 Million Crypto Mining Ponzi Scheme Sentenced to Prison

4.10.2023
Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release. Scott Hughes, an attorney who played a key role in laundering approximately $18 million...

Brazilian Military, Police, Civil Servants Face ‘Crypto Mining Ban’

28.9.2023
The Brazilian state of Santa Catarina has barred public officials, including police and military officers, from mining crypto. In an updated set of rules for public sector workers, the state wrote that public officials, including members of the armed forces and civil servants, should “refrain”...

Malaysian State Identifies Illegal Crypto Mining Operations as Reason for Recurrent Power Disruption

27.9.2023
The state of Sarawak in Malaysia has been prone to crypto mining rigs, many of which operate illegally. Sarawak Energy, the state-owned electric utility firm, announced today that it has identified two illegal crypto mining sites, which caused recurrent power disruption in a few areas of...

AirBit Club 'ponzi' co-founder gets 12 years prison

27.9.2023
Convicted fraudster Pablo Renato Rodriguez will also need to serve three years of supervised release after he finishes his 12 year imprisonment sentence

Environmentalists Rally Against Crypto Mining Facility Renewal in New York, Citing Climate Concerns

11.9.2023
Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life and undermines the state’s climate objectives...

Hackers Exploit Windows Tool to Deploy Crypto-Mining Malware

8.9.2023
Hackers have targeted a popular Windows-based software packaging tool to infect computers with crypto mining malware, IT security firm Cisco Talos Intelligence Group has revealed. The mining attack on computers happens through a Windows tool known as Advanced Installer, and the attackers have used...

Windows tool targeted by hackers deploys crypto mining malware

7.9.2023
Software installers affected are mainly used for 3D modeling and graphic design, with French being the most frequent language used in the malware campaign

Kentucky regulator denies plan for subsidizing crypto mining facility

1.9.2023
A proposed contact with the Kentucky Power Company would have allowed Ebon International to receive a discounted rate for service at its crypto mining facility over a decade

Stronghold requests permission to burn tires for crypto mining in Pennsylvania

30.8.2023
Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state

Laos Cuts Power Supply To Crypto Mining Firms, Cites Production Concerns

28.8.2023
Electricite du Laos (EDL), the state-run power distribution company, has announced a major cut to crypto mining firms in the country, swerving from its pro-crypto stance since 2021. According to local news reports, the country cites several reasons for the sudden decision ranging from electricity...

Laos halts electricity supply to crypto mining projects amid drought

28.8.2023
The drought that the country experienced in the first half of 2023 resulted in higher electricity demand and lower power generation capabilities from hydropower plants

Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands

26.8.2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been...

Dropbox ditches unlimited storage offering, blaming crypto cloud miners

25.8.2023
The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks

Oman Flags Off New Crypto Mining Facility With Expansion Plans As The Country Bets On Blockchain

22.8.2023
Oman has launched a new digital asset mining facility, the second flagged off within months as it seeks to diversify the economy away from oil exports. The Middle Eastern country has flagged off the faculty which cost about 135 million Omani rials approximately $150 million and would be operated...