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Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft

Sept 1, 2020 — Two Malaysian cryptocurrency mining facilities have been raided by law enforcement for an alleged electricity theft totaling more than $600k. According to reports by local news outlet The Star, the raids were conducted as a joint operation between Malaysia’s Energy Commission, the Tenaga Nasional Berhad (TNB) power utility firm, and local […] The post Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft appeared first on BeInCrypto. дальше »

2020-9-2 12:50


Venezuela Bans Crypto Mining At Government Provided Housing Due to Energy Demands

The Venezuelan government outlaws mining of Bitcoins (BTC) in any state-owned public housing projects due to ‘high electricity consumption’ and ‘disruption of the national grid supply. ’ However, a group of critics on the moving state the problems facing electricity in the country are inherent to the government’s negligence. дальше »

2020-7-20 17:00


Bitcoin: Will 'institutionalization of mining' sustain Chinese dominance?

China has been the go-to place for Bitcoin mining for years now, with cheap electricity costs being the main reason behind the same. However, the United States, a country that was mostly known for hobThe post Bitcoin: Will 'institutionalization of mining' sustain Chinese dominance? appeared first on AMBCrypto. дальше »

2020-5-15 14:30


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Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm

The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable lines in order to siphon free electricity from […] The post Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm appeared first on Bitcoin News. дальше »

2020-4-30 19:39


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Bitcoin Miners to Thrive Post Halving after Local Chinese Gov’t’s Surprising Move

Ya’an, a Chinese city that contributes 50 percent of the total hash power to the Bitcoin network, offers cheap electricity to miners right ahead of halving. The mountainous region, while awaiting a rainy season, wants to give away its excess electricity to “support the implementation of blockchain industry development,” according to a public guidance document. дальше »

2020-4-28 10:38


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Which Crypto is the Most Profitable to Mine in 2020?

Crypto mining is becoming exponentially competitive. It used to be that anyone with a PC could mine at a profit, but now you need expensive equipment to stand any chance. So what’s the most profitable crypto to mine in 2020?  Bitcoin is the most profitable if you have millions to invest Crypto mining profitability is highly nuanced, it depends on a wide range of variables such as hardware, electricity costs, and the type of cryptocurrency […] дальше »

2020-3-11 01:00


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Teeka Tiwari Investment of the Decade Report Shares 3 Best Blockchain Stocks of Today

The Investment of the Decade research report by Teeka Tiwari is focused on a foundational technology (like the internet and electricity) known as blockchain distributed ledger technology and America's number one investor has three of the best blockchain-based stocks to offer those who subscribe to his Palm Beach Research Group's Letter. Watch Teeka's Investment of […] дальше »

2020-2-18 08:49