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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...
Ukraine Oligarch’s Troubled US Steel Plant Has Been Quietly Mining Bitcoin: Report
14.12.2020
The Kentucky-based CC Metals & Alloys steel plant owned by Ukrainian billionaire Ihor Kolomoisky is mining bitcoin as other activities have stopped, according to a report
From mom’s house to warehouse: Bitcoin mining is going industrial
12.12.2020
As the cryptocurrency industry continues to grow, so does mining. But there’s a new trend developing now that has only recently emerged
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...
Bitcoin price short-term pullback is very possible for 4 key reasons
8.12.2020
Bitcoin price is hovering around $19,000 again after a sharp intraday drop. There are four reasons BTC is primed for a further pullback
Jack Dorsey's Square commits $10M to green energy for Bitcoin mining
8.12.2020
The new Bitcoin Clean Energy Investment Initiative will aim to make mining more eco-friendly
Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
8.12.2020
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0.06...
Bitcoin Miners Saw 48% Revenue Increase in November
6.12.2020
Nearly 11% of revenue came from fees, down slightly from October
Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline
3.12.2020
Slush Pool encoded a Reuters headline in an apparent nod to the Bitcoin genesis block, which contains a banner from The Times
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...
Venezuelan army starts mining Bitcoin to make ends meet
30.11.2020
The Venezuelan army turns to crypto mining as the country's economy collapses
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....
Justice Department extradites alleged BTC mining ponzi operator from Panama
30.11.2020
AirBit Club's leadership have been gathered in New York City and will face charges for stealing "membership dues" to finance massive marketing events and lavish personal lifestyles
Venezuelan Army Engineers Start Mining Bitcoin
24.11.2020
Source: A video screenshot, Instagram/ejb_61brig
Venezuelan soldiers are mobilizing. No, this is not the start of World War III – these troops are being put to work mining bitcoin (BTC) in the Nicolás Maduro regime’s latest, and possibly most audacious crypto-themed fundraising effort yet.
Per...
Jumping into the pool: How to earn a profit mining Bitcoin and Ether
21.11.2020
Where can you mine Bitcoin and Ether in 2020? Here are the top tips about mining pools and what you need to know before joining one of them
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...
The rise of major Bitcoin mining institutions is inevitable
15.11.2020
2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges
China’s leadership in the Bitcoin mining industry will be challenged
14.11.2020
China has a lot of advantages in the Bitcoin mining industry, though it won’t last forever, as more countries are entering the space