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Grin network hit with 51% attack while GRIN token remains resilient
8.11.2020
An unknown mining group currently controls more than half of the Grin blockchain’s hashing power
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
29.10.2020
The New York Department of Financial Services’s letter said that it expects all firms, including virtual currency businesses, to start assessing climate change associated financial risks
Alarming growth of difficult-to-detect ‘Lemon Duck’ crypto mining botnet
15.10.2020
A crypto mining botnet called Lemon Duck is spreading through Windows 10 computers, infecting users through fake Covid-19 emails
Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
3.10.2020
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now,...
Miners on Decentralised Storage Network Compete For 4 Million Token Prize
23.8.2020
It’s a different kind of Space Race
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
Power Plants in Iran Are Authorized to Mine Bitcoin
29.7.2020
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...
Inside the Craze for Filecoin Crypto Mining in China
13.7.2020
As Filecoin inches closer to a blockchain mainnet launch, investors in China are again speculating heavily on the network’s mining hardware and token prices
Iran Gives Crypto Miners One Month to Register With the State
6.7.2020
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration
45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
17.5.2020
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...
1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
29.4.2020
The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt...
Microsoft Patents New Cryptocurrency System Using Body Activity Data
29.3.2020
Microsoft has patented a cryptocurrency mining system that leverages human activities, including brain waves and body heat, when performing online tasks such as using search engines, chatbots, and reading ads. “A user can solve the computationally difficult problem unconsciously,”...
Researchers Reveal Crypto Mining Botnet's Sneaky Tactics
20.3.2020
Even cybersecurity researchers are impressed with the sneaky tricks devised to help the Stantinko botnet’s crypto mining malware evade detection
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
Poolin Provides Multi- Cryptocurrency Mining Features
23.2.2020
Poolin is a crypto mining pool that is developed by Blockin. Blockin is an international platform that offers access to the most advanced blockchain-based cryptocurrency technologies and applications. Poolin is quite famous amongst crypto miners as it offers good income as well as a range of highly...
Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
21.2.2020
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...
How to Mine Bitcoin in 2020
19.2.2020
Bitcoin mining is a great way to earn cryptocurrency while providing a valuable service to the global network of users. Miners can set up a hardware operation by themselves or join forces with a large venture via cloud mining. If you are looking to enter this field in 2020, here is what you need...
Coinmine Makes Crypto Mining an Amazing Experience
14.2.2020
Coinmine is a Los Angeles based company that designs mining devices to allow its users to instantly switch the status of their mining and review their earnings estimates. It also aids in withdrawing (and/or receiving) cryptocurrencies, mainly Bitcoins and Ethereum. The company is founded by Farbood...
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...
Uzbekistan to Create National Mining Pool, Launch Licensed Exchange
16.1.2020
Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a licensed...