Canadian Bitcoin Miner Turns a Corner, Bolsters Local Economies

2019-5-14 00:25

By CCN: Canada continues to grow its reputation as a friendly destination for bitcoin mining, which has been of particular benefit to the country’s provinces. Canada is attractive because of its energy cost efficiencies, which at least one crypto mining operation is taking advantage of.

Emiliano Grodzki, founder and chief strategy officer for Bitfarms, recently told local media about efforts to bring more provinces on board to help them benefit from mining. This includes a recently inked agreement with Quebec that is a win-win for both sides. Radio-Canada national program, @DecouverteRC, passed by our facilities to produce their hour long

The post Canadian Bitcoin Miner Turns a Corner, Bolsters Local Economies appeared first on CCN

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mining local bitcoin canadian provinces benefit ccn

mining local → Результатов: 120


Chinese Authorities Uncover Fraudulent Crypto Mining Scheme Worth Nearly $300 Million USD

Chinese authorities were able to uncover a fraudulent mining scheme that stole approximately $293 million from crypto users. As reported by the local news outlet 8BTC, a fake Chinese company called Lianxin Tech, sold more than 300,000 units of mining hardware to users in just a few months. Investors believed that they were going to […]

2019-5-12 19:10


Brazilian Police Accidentally Discover Money Laundering Bitcoin Mining Farm

By CCN. com: A report published in local Brazilian news outlet Zero Hora has revealed that Brazilian police have made an arrest in connection with a suspected crypto money laundering scheme. An accidental discovery The report, which was published on April 23, claims that the State Department of Drug Trafficking (Denarc) in Porto Alegre, Rio Grande do Sul came upon a house where cryptocurrencies were being mined as they were on the trail of a suspected drug trafficker.

2019-4-28 14:36


Brazilian Authorities Arrest Suspect Of Running Potential Crypto Money Laundering Scheme

Brazilian police arrested a man that was apparently running a crypto money laundering scheme in Brazil. The information was released by the local news site Gauchazh on April 23. As per the report, law enforcement officials shut down a Bitcoin (BTC) mining farm that operated in a clandestine drug laboratory in Porto Alegre. Suspect Arrested […]

2019-4-25 00:20


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Cryptojacking: Malicious Cryptocurrency Mining Is not a Crime, Japanese Court Rules

A court in Japan has acquitted an individual accused of embedding a cryptojacking malware in his website to surreptitiously mine cryptocurrency using the computing power of the visitors to the site. Local Japanese media platform, The Mainichi reports that the court ruled that such activity wasn’t a criminal offense. Meanwhile, Internet security experts continue toRead More

2019-3-29 20:00


The ‘Make it Rain’ Entrepreneur from Hong Kong is Arrested For Filecoin Crypto Mining Fraud

Wong Ching-kit, a 25-year-old businessman from Hong Kong was recently arrested after being accused of a crypto mining-related fraud scheme. According to the local media outlet China Morning Post, the man got famous before the arrest for throwing money to the people in the street from a high commercial building in the city. Ching-kit was […]

2019-3-1 05:06


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Russia to Combat Counterfeit Diamonds through Blockchain Technology

A January 30, 2019 report announced that the Russian Ministry of Education and Science has developed a blockchain-based platform to track the production of diamonds to ensure authenticity. New Mining Operations Local media group TASS reported on January 30, 2019, that the Russian Ministry of Education and Science has developed a diamond-tracking platform for theRead MoreRead More.

2019-2-1 15:00


Stoneum ICO

Stones are minor minerals and unless you want to engage more than 20 persons, or dig below six meters from ground and use heavy machinery, the permission to start a stone crushing is granted by the district collector (or on his behalf by the Sub Divisional Officer ) on recommendation of the Tahsildar.

2019-1-26 17:03


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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019

Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market.

2019-1-12 05:00


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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame

The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil. ” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations.

2018-12-10 18:00


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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan.

2018-11-21 20:00


Five South Korean Hackers Get Arrested for Infecting Crypto Mining Malware into Over 6,000 Computers

The South Korean police have arrested five people for injecting malware in the computer of over 6,000 people. The local police have joined efforts with the Korean National Police Agency Cyber Bureau to arrest a group of five hackers led by Kim Amu-Gae, 24, which have released 32,435 emails containing a crypto mining malware. These […]

2018-11-9 01:56