Search

Nalezeno "Crypto Mining": 1372

Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy

30.12.2020
A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity

Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’

28.12.2020
An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital...

Top crypto mining hardware to expect in 2021

25.12.2020
With crypto mining gaining momentum, here’s the newest products coming out in 2021 and what Bitcoin miners should look to buy

Organizations File Lawsuit Against New York Town to Prevent Bitcoin Mining Facility Expansion

25.12.2020
Organizations led by an environmental organization filed a lawsuit against the U.S. town Torrey in New York for giving the green light to expand a bitcoin mining facility at the Greenidge Generation power plant. Environmental Organization Leads Lawsuit Against New York Town for Approving Plan...

Core Scientific Buys Over 58,000 Bitmain S19 Antminers to Expand Its Hosting Fleet in North America

22.12.2020
A major North American blockchain hosting provider announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement arranged with the Chinese mining hardware manufacturer. US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain...

Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack

19.12.2020
A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack...

Bulgarian Electricity Company Unveils Details of Historic Power Theft Linked to Illegal Bitcoin Mining

16.12.2020
One of the largest exporters of electricity in Europe has revealed details of the most significant theft they have had in history, linked to a massive illegal bitcoin mining farm in a small Bulgarian village. Bulgarian Electricity Company Uncovers Massive Electricity Theft Linked to Illegal Bitcoin...

Controversial Ukrainian Oligarch Is Reportedly Mining Bitcoin in the US

15.12.2020
One of the wealthiest oligarchs in Ukraine and a former governor in one of the country’s regions are reportedly mining bitcoin in a factory located in the U.S. Ukrainian Businessmen Are Reportedly Running Crypto Mining Operations at US Factory Per Radio Free Europe (known also as Radio...

Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners

11.12.2020
The National Superintendency of Crypto Assets (Sunacrip) and the National Electricity Corporation of Venezuela (Corpoelec) signed an agreement to establish guidelines to “improve the development” of bitcoin and other crypto mining activities across the country. Venezuelan Government...

Crypto Mining Crisis in Abkhazia Worsens After Power Substation Caught Fire

9.12.2020
The crypto mining crisis in Abkhazia is closely reaching its boiling point following the burnout of a power substation amid the refusal of both illegal and legal crypto miners to slow down their operations in the state. Crypto Mining Crisis Abkhazia Keeps Worsening Sputnik Abkhazia has reported...

A Pakistani Provincial Government Passes Crypto-Friendly Draft Resolution

4.12.2020
In Pakistan, a provincial government has passed a draft resolution on December 2, 2020, that demands the federal government to take steps towards legalizing both cryptocurrencies and crypto-mining activities. A Crypto-Friendly Draft Resolution Approval Sets a Precedent in Pakistan The Provincial...

Mining City: A Blueprint for Success?

3.12.2020
“Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an overstated declaration? Let’s find out. Brick by Brick Cryptocurrencies are considered by many as the “gold of...

Hackers Using Monero Mining Malware as Decoy, Warns Microsoft

1.12.2020
Crypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, Microsoft cautioned in a report

Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered

1.12.2020
The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims...

Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’

30.11.2020
The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” as the country attempts to bypass U.S. sanctions. The crypto mining center has the support of the country’s crypto regulator, Sunacrip....

Furious Abkhazian Villagers Forcibly Close Down Crypto Mining Farms

26.11.2020
Crypto mining is threatening to draw a nation into chaos – with angry Abkhazian villagers reportedly taking the law into their own hands by kicking miners out of their regions. The latest development in the South Caucus-located de facto state has seen anarchic uprisings, with miners thrown out...

S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On

14.11.2020
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.06 per kilowatt-hour (kWh), miners are starting to leverage...