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Cryptocurrency That Works Without Internet, mCoin Launches In Africa
London-based ONEm Communications has announced the launch of its mCoin program across Africa. Designed to be a hybrid currency, mCoin is a digital currency that can be transferred over text or through the smartphone app. дальше »
2018-9-25 21:26 | |
OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud
The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin. дальше »
2018-9-12 23:42 | |
Projects for Two Mining Pools Under Development in Russia
The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with an estimated 70,000 enterprises currently operating in the field, according to the organization. дальше »
2018-9-9 03:10 | |
The Next ‘Venezuela’? Bitcoin Up Over $8,400 in Iran Amid Hyperinflation
Bitcoin price has risen dramatically in Iran following the government’s decision to grant legal recognition to the country’s cryptocurrency mining industry. Bitcoin Premium Comes to Iran While Bitcoin suffered an almost $1,000 drop in the rest of the world, the top-ranked cryptocurrency was reaching new heights in Iran. дальше »
2018-9-7 21:00 | |
Local Bitcoin Price Hits Record-High of $24,000 in Iran
With public adoption on the rise, international cryptocurrency regulations continue to develop. On Sept. 4, Iran legitimized cryptocurrency mining as an industry–propelling local Bitcoin prices to new, record highs. дальше »
2018-9-7 16:00 | |
Washington State Utility Increases Power Rates for Bitcoin Mining
Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-7 15:00 | |
Washington Mining Enclave to Be Hit with Increased Power Costs
Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as authorities announced a series of price hikes. дальше »
2018-9-7 00:00 | |
Electricity Rates Increase in Grant County in Washington for Bitcoin Miners
Grant County, a town located in the US state of Washington, currently hosts a number of cryptocurrency mining operators. These operators migrated to the area because of cheaper electricity costs from the hydroelectric plant in the local region. дальше »
2018-9-6 16:04 | |
Crypto Mining Now Accepted as An ‘Industry’ in Iran
After existing for a couple of years in Iran, crypto mining has finally been accepted as an industry in the country. The Secretary of Iran’s Supreme Cyberspace Council told local news agency IBENA that the various ministries of the government are united in the decision. дальше »
2018-9-6 15:00 | |
South Korea’s KDB Bank Report Highlights North Korea’s Crypto Mining Activity
Korean Development Bank Report Shows North Korea’s Intent To Enter Crypto Industry Korea Development Bank has issued a recent report that shows local media sources confirming that North Korea has been mining for cryptocurrency. дальше »
2018-8-28 20:00 | |
Report Finds Mining Activity and Bitcoin Exchange Development in North Korea
A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. дальше »
2018-8-28 07:45 | |
Nicehash Returns 60% of Coins Stolen in the Hack
Nicehash, the cloud mining service that got hacked in December, has returned 60 percent of the stolen bitcoins, according to local media. After the cyberattack last year, the Slovenian company promised to fully reimburse its customers and has been doing it on a monthly basis. дальше »
2018-8-28 06:15 | |
Russia’s Leningrad Region Unveils the Largest Crypto Mining Farm
The Leningrad region crypto mining facility is built at an investment cost of 500 million rubles (US $7. 3 million) and has more 3000 mining machines installed with an energy capacity over 20mW. Cryptouniverse Builds the Largest Mining Farm On Monday, August 20, the government of Russia’s Leningrad region inaugurated “the largest data processing center in Russia, designed to extract digital currency – Bitcoin,” reports local publication Chianing. дальше »
2018-8-24 04:00 | |
Noise Complaints May Cause Norwegian Bitcoin Mining Center to Shut Down
Norwegian bitcoin miner Kryptovault is facing a shutdown of its operations due to extensive noise complaints from locals and a lack of proper paperwork. The company, which is headquartered in a former paper mill in Norway’s capital of Oslo, uses more than 40MW of power to drive an arsenal of nearly 10,000 computers. дальше »
2018-8-24 23:36 | |
Crypto Miners to See Bitcoin Mining Energy Rate Spike by Chelan County’s PUD
Crypto Miners Complain As Chelan County’s PUD Plans on Increasing The Bitcoin Mining Energy Rate Recently, a group of crypto miners located in Washington held a round of meetings with local electricity providers where they discussed the planned increment in power rates. дальше »
2018-8-23 21:35 | |
It Seems That Bitcoin Mining Is Starting To Really Offend Some People
Mining Bitcoin is a process that is loud, hot, expensive and also very noisy. As a result, mining efforts on a large scale tend to be focused out of town, in rural settings in factories that have an exclusive energy supply, in areas that are naturally very cold. дальше »
2018-8-17 15:00 | |
Vietnamese Government Bans Mining Hardware Imports
Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet. дальше »
2018-8-16 21:58 | |
Russia: Court Issues First Ever Fine For Cryptocurrency Advertising
A Russian court has ruled for the first time that a local newspaper must pay a fine of 50,000 rubles ($760) after it ran a cryptocurrency mining advertisement. ‘Financial, Not Consulting Services’ As local news outlet Interfax reports August 8, the Eleventh Arbitration Court of Appeal (ACA) found the publication Edinstvo Nizhnekamsk, which circulates in the Republic of Tatarstan, in breach of advertising regulations. дальше »
2018-8-9 14:00 | |
Iran Planning to Legalize Cryptocurrencies, Might Even Start Mining Them
Iran is about to make a u-turn after their central bank banned cryptos earlier this year and begun censoring crypto exchanges. According to local media citing Fars News, Iran’s parliament, called. дальше »
2018-8-2 16:17 | |
Bitcoin Mining Company Long Blockchain has moved into the Loyalty Market
Long Blockchain Corp. , the drinks manufacturer turned blockchain startup, announced that it had again changed its line of business and will now also focus on loyalty schemes, local news outlet Long Island Business News reported July 31. дальше »
2018-8-1 20:23 | |
CEO of Vietnamese Cryptocurrency Mining Company Flees with $35 Million in Investor Funds, Apologizes on Facebook
According to local Vietnamese news outlet VNExpress, Le Minh Tam, the CEO of Sky Mining, a large cryptocurrency mining company in Vietnam, recently fled with $35 million of investor money. Since his disappearance, investors and board members have not been able to reach the CEO. дальше »
2018-8-1 16:18 | |
No more Electricity Supply to Bitcoin Miners for now – Franklin PUD
Franklin Public Utility District (PUD), local electricity providers in the rural areas of Franklin County, Washington, announced on July 29, 2018, that they will suspend the supply of electricity to bitcoin miners in the city till further notice, in order to review the impact of bitcoin mining operations on the electricity system. дальше »
2018-8-1 05:00 | |
Central TX Town hit Hard by Unemployment Finds Hope in Bitcoin Mine
Now the small town of Rockdale, about an hour northeast of Austin, is hoping the days of “used to” are used up. A Chinese company plans to open a Bitcoin mining operation in part of the old Alcoa plant just outside of town, bringing with it the prospect of 300-500 jobs, according to local media reports. дальше »
2018-7-31 20:36 | |
CEO of Vietnamese Cryptocurrency Mining Company Flees with $35 Million in Investor Funds, Apologizes on Facebook
According to local Vietnamese news outlet VNExpress, Le Minh Tam, the CEO of Sky Mining, a large cryptocurrency mining company in Vietnam, recently fled with $35 million of investor money. Since his disappearance, investors and board members have not been able to reach the CEO. дальше »
2018-7-31 20:36 | |
Crypto mining power request on hold in another US county.
Another county in the U.S. state of Washington has blocked new utility applications from cryptocurrency mining outfits due to concerns over spiking energy demands. According to a local news source on Sunday, commissioners from the Franklin County Public Utility District (PUD) ordered the temporary moratorium to make time for a study on the effects of дальше »
2018-7-31 15:34 | |
CEO of Crypto Mining Company in Vietnam disappears $ 35 million in investor financing
This time we have a news coming from Vietnam as the CEO of a crypto-mining firm Sky Mining is said to have alleged fled away taking $35 million of investor and company funds, reports local media publication VNExpress. дальше »
2018-7-31 11:48 | |
Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan
In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users’ devices to mine XMR; the vice president of the Blockchain and Crypto Technology Association of Kazakhstan has advocated that the country’s administration seeks to foster the local mining industry; and the commissioners of the Franklin Public Utility […] The post Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan appeared first on Bitcoin News. дальше »
2018-7-31 02:45 | |
What is crypto done in the meeting?
The CEO of Vietnamese cryptocurrency mining firm Sky Mining has reportedly disappeared with investor and company funds worth an alleged $35 million, local media outlet VNExpress reported July 29. According to VNExpress, Sky Mining CEO Le Minh Tam disappeared a week ago, appearing to organize a cleanout of company assets. Tam told investors to go дальше »
2018-7-30 18:50 | |
Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners
In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility […] The post Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners appeared first on Bitcoin News. дальше »
2018-7-30 03:20 | |
Central City Rockdale Reinvents Itself from Mining Coal to Mining Bitcoin
Rockdale, a town in central Texas, has made headlines due to plans of converting their town from mining coal, into mining bitcoin according to local reports on July 20, 2018. Bitmain Invades, Again In a post-industrial society, many areas that relied on the extraction of raw resources such as coal are beginning to face an economic struggle. дальше »
2018-7-27 01:00 | |
China Bids Farewell to ‘Illegal’ Bitcoin Miners by the End of August
It became known that local authorities of Chinese mountain region Xinjiang are going to haul illegal mining activities before summer 2018 will come to a close. The post China Bids Farewell to ‘Illegal’ Bitcoin Miners by the End of August appeared first on CoinSpeaker. дальше »
2018-7-24 21:58 | |
China To Say Goodbye To ‘Illegal’ Bitcoin Miners by September
An autonomous region in China is set to hunt and close down all “illegal” mining operations before the end of August according to a report by a local news source. A senior official from Xinjiang’s Economic and Information Commission (EIC) confirmed that the agency has issued a notice to local utility companies in Xinjiang Uyghur […] The post China To Say Goodbye To ‘Illegal’ Bitcoin Miners by September appeared first on ZyCrypto. дальше »
2018-7-24 07:37 | |
Chinese Region Halts Cryptocurrency Mining Operations
In-line with a strict government crackdown on all things crypto, a small province in China is forced to shut-down illegal bitcoin mining operations in the region before August 2018. Mining Crackdown As reported recently on local news Jinse, the northwestern Chinese region of Xinjiang Uyghur has identified “illegal” mining operations taking advantage of the naturally cool, […] The post Chinese Region Halts Cryptocurrency Mining Operations appeared first on CryptoSlate. дальше »
2018-7-24 07:00 | |
By Semptember Chinese Region Will Close “Illegal” Bitcoin Miners
China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. “Local utility agencies and companies will be held accountable if they failed to shut down ‘illegal’ bitcoin mining operations,” the EIC writes. He said: “I have two partners (in the region): дальше »
2018-7-23 18:21 | |
Southeastern Asia Moves Nearer to Blocking Bitcoin Generation
Vietnam has moved a step closer to halting cryptocurrency miner imports, a local new source reported on Thursday. According to Viet Nam News, State Bank of Vietnam (SBV), the country’s central bank, has now agreed to a proposed plan to halt imports of the specialized mining devices since the country has already banned the use of дальше »
2018-7-19 19:50 | |
Russian Blockchain Association Creates Trusted Whitelist Crypto Project Registry
Russian Agency Establishes a Registry of Trustworthy Crypto Projects Soon, digital currency fraud will be entirely forgone in Russia, after the local association of cryptocurrencies and blockchain established a registry of whitelisted institutions that operate in the crypto sector. дальше »
2018-7-16 20:42 | |
New York State Approves a Bid to Provide Cheaper Electricity to Crypto Miners
Despite worries about cryptocurrency mining — from the impact that it can have on the environment to the potential impact it can have on the rates for other local electricity consumers — the state of New York has approved a bid to provide cheaper electricity to miners. дальше »
2018-7-13 22:00 | |
Bitcoin Mining Made Accessible with BitMOR
According to Argus Leader, a local South Dakota news site, BitMOR is a new cryptocurrency mining company that sells mining equipment and service to locals interested in mining cryptocurrencies. BitMOR is considered one of the first cryptocurrency mining businesses located in South Dakota. дальше »
2018-7-13 18:00 | |
One Million PCs “Cryptojacked” in China as Hackers Make $2 Million Worth of Digibyte, Siacoin, and Decred
The largest cryptojacking breach, in terms of sheer scale, came to light in China after local authorities identified a group of hackers who ran an illicit mining operation for over two years. Largest Cryptojacking Breach On July 9, 2018, local news Legal Daily reported a massive cryptojacking spree of a group in China’s Dalian city after suspicious activities pointed to. дальше »
2018-7-12 04:00 | |
Over a Million Computers Fall Prey to Crypto Mining Attack
Local police, recently, arrested a group of Chinese technology professionals in Da Lian City over charges of running a $2 million illegal crypto mining scheme. Of the 20 suspects, 11 were released on bail while 9 others have been jailed. дальше »
2018-7-10 16:14 | |
Love is like a garden! Neglected and rotten growth creeps, well-developed and flourishes in abundance. Do not always get love. Love must work together daily!
Cryptocurrency mining malware that infected over a million computers in China reportedly earned its creators more than $2 million over two years. According to a local news report on Monday, police in China’s Da Lian city have arrested 20 suspects from a computer technology firm who allegedly gained control of the large number of computers дальше »
2018-7-9 14:46 | |
Bitcoin Mining Giant Bitmain Worth $12 Billion After Latest Funding Round
Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $12 billion. This new valuation comes after the company closed a $400 million Series B funding round. Bitmain, which controls a major chunk of the Bitcoin mining hashrate, is also set to invest in the upcoming Opera browser IPO. дальше »
2018-7-7 15:00 | |
Quebec Mining Farce: Bitmain Money Muscle or Local Resentment
Mining Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain. Quebec Mining Drama Continues and So Does Debate дальше »
2018-7-6 19:03 | |
Quebec Mining Drama: Bitmain Money Muscle or Local Sour Grapes?
Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain. дальше »
2018-7-6 16:50 | |
Cryptocurrency Mining Sparks Both Hope and Ire in Iceland
Cryptocurrency mining has quite an iffy reputation in Iceland as it’s a source of both pain and joy of the local community. Iceland has become a haven for Bitcoin mining due to their favorably cool climate and the cheap cost of geothermal and hydro-powered electricity. дальше »
2018-7-5 16:49 | |