New York Bitcoin Mining Magnate Accused of Stealing Over 5000 Crypto Miners

2019-5-4 14:05

By CCN. com: A New York Bitcoin miner hosting company called Northway Mining stands accused of stealing at least 5100 pieces of mining equipment from two companies. Given the scope of the investigation currently underway by the federal government, the damage might be much more significant than this.

Northway Mining Sued For Violation of RICO Act At least four Bitcoin companies have been allegedly victimized, though we use the term “allegedly” in its most legal definition: strictly because the accused have not yet been convicted. MinedMap, Inc, Serenity Alpha, Inc, both of Nevada, and Quebec, Inc from Canada. The other is

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Bitcoin Hits 1 Zettahash: Mining Power Explodes to 1,000,000,000,000,000,000,000 Hashes/s

Key Takeaways: Bitcoin’s hashrate surpasses 1 zettahash, marking a massive leap in mining power and network security. Mining difficulty continues to surge, reaching 142.3 trillion, up nearly 30% YTD, squeezing The post Bitcoin Hits 1 Zettahash: Mining Power Explodes to 1,000,000,000,000,000,000,000 Hashes/s appeared first on CryptoNinjas.

2025-9-22 18:53


Thai authorities bust Bitcoin mining farm in multi-million Baht electricity theft scandal

Authorities uncovered a massive Bitcoin mining scheme in Thailand, seizing nearly 1,000 machines. The operation strained Thailand’s power grid, echoing global concerns over crypto mining's enThe post Thai authorities bust Bitcoin mining farm in multi-million Baht electricity theft scandal appeared first on AMBCrypto.

2025-1-11 11:00