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Two BitCash Miners Executes 51% Attack on BitCash to Protect the Network
5.11.2019
Two BitCash miners BTC.com and BTC.top executed a 51% attack on the BitCash network to thwart an unknown miner’s transactions. A 51% attack happens when an individual holds a majority of the hash rate. This situation arose because a bug had split the BitCash network causing the hash rate to drop...
Sucuri Researchers Report About Malicious Plug-ins Attacking WordPress Websites
20.10.2019
The recent revelation by the researchers of a website security firm, Sucuri, concerning the malicious plugins has shocked the crypto domain to the core. As per the research, the attackers employ the malicious plugins to facilitate a sneak peek into the WordPress websites for fulfilling their...
Virginia Beach-based Bcause Mining Operation is Ordered to Get Liquidated
10.10.2019
BCause Mining LLC, involved in Bitcoin mining operations and situated in the city of Virginia Beach in the United States, has been subjected to liquidation. The news has been confirmed by an Attorney of BCause who clarified that the firm’s operations have come to a halt. The local news outlet...
China’s Autonomous Province Inner Mongolia Decides to Limit Crypto Mining in the Region
23.9.2019
Inner Mongolia, which is an autonomous region within China, having a government that acts independently of the Chinese government, has decided to put a limit on crypto mining in the province. Five departments of the province’s government will work in co-operation to implement suitable restrictions...
Iranian Government Proposes Annual License for Bitcoin and Crypto Miners
19.9.2019
Government documents reveal a draft proposal for new cryptocurrency mining regulations in Iran
‘Panda’ Crypto Malware Group Has Nabbed $100K in Monero Since 2018
19.9.2019
Cisco Talos has identified a group behind a spate of cryptocurrency-mining malware attacks targeting enterprise networks globally
Bitmain Announces Second Edition Of Its Highly-Reputed ‘World Digital Mining Summit’
12.9.2019
China’s privately owned application-specific integrated circuit (ASIC) designing firm, Bitmain has announced the launch of its famous World Digital Mining Summit. WDMS is Bitmain’s highly-anticipated gathering which will mark its way on October 8-10, in Frankfurt, Germany, with a view to enhancing...
Portugal Tax Authority Removes Taxation on Crypto Trading and Payments
30.8.2019
In recent news, cryptocurrency trading and payments in Portugal those cryptocurrencies from tax, the European nation’s authority has explained. The local business newspaper has revealed the news recently, saying that the body has said that both cryptocurrency trading in genuine currencies...
Cryptocurrency Mining Equipment Seized by Ukrainian Authorities from Nuclear Power Plant
22.8.2019
The Ukrainian authorities have seized mining equipment for cryptocurrency from a site of the nuclear power station. As reported by the local media, SBU (the Security Service of Ukraine) has confiscated an optical fiber cable, portion of a network cable, and a media converter on 10th July 2019,...
Top 7 Youngest Crypto Miners Under 20
16.8.2019
Hardly anyone refrained from considering investing money in cryptocurrency during its epic rise in price last year. Many people decided that they could even get a loan to spend it on cryptocurrencies. However, the most significant thing was not only about buying and selling Bitcoins. The most...
The Next Feather in Bitfury’s Hat: Artificial Intelligence Divison
14.8.2019
The world’s largest full-service blockchain technology company- Bitfury Group is soon going to wear many feathers in its hat. The company is actively looking to venture into the data mining sector as well as the crypto mining sector. Yesterday, in an interview, the CEO and the co-founder of...
Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online
5.8.2019
The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...
Iran Legalizes Crypto Mining
22.7.2019
Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates
Iran’s Crypto Mining Is Under The US Radar
8.7.2019
The troubled relationship between the US and Iran has now spilled over to the cryptocurrency sector. After slamming sanctions on a number of petroleum, technology, and industry products of Iran, the US is now working to come up with the legislation that will ban Iran’s access to mine...
Crypto Company Gives Individuals a Chance to Mine Bitcoin Without Sky-High Energy Bills
4.7.2019
Leasing hashing power from high-end data centers can enable individuals to mine for Bitcoin without expensive equipment, a crypto company says #SPONSORED
Seems Like The Party Time Is Over For The Taiwanese Crypto Mining Suppliers!
25.6.2019
The last year’s bear market is still proving to be quite expensive. The dip in the crypto mining hardware demands due to the bearish market last year is causing a great deal of discomfort for the businesses that deal with manufacturing of the crypto mining hardware. As desperate measures, these...
Bitmain Sues Former Employees Who Founded Rival Poolin Mining Pool
17.6.2019
In one of the rare incidents involving a dispute between cryptocurrency mining firms, the leading Bitmain company, which is the leading players in the industry, has now locked in a legal battle with rival Poolin firm. Interestingly, Poolin has been co-founded by three formal employees of Bitmain...
New Report By CoinShares Indicates That Over 74% Of BTC Mining Is Powered By Renewable Energy
9.6.2019
CoinShares, a crypto investment, and research firm has published its bi-annual mining report last week, and it has some good news for the crypto community at large. As per the report, 74.1% of Bitcoin mining is powered by renewable energy. This might sound great, but in reality, the number went...
Here Comes Russia’s Largest Crypto mining Farm worth 7.3 Million U.S Dollars by CryptoUniverse
23.5.2019
Equipped with 3000 pieces of mining equipment, spread across 4000 sq. Meters, Russia’s largest crypto mining farm is all set to surprise us. CryptoUniverse is the mind behind this plan. The mining farm has been constructed on the site where previously the “Soviet fertilizer-producing laboratory”...
Aussie Govt. Employee Charged for Mining Cryptos for Personal Gains
22.5.2019
An Aussie govt. employee has been charged for mining cryptos by modifying govt. computers for his personal gains. The name of the person has not been revealed yet. This person has been accused of mining cryptos that were worth more than AU$9,000 (US$6,184) for his own gains. The Australian Federal...