2019-2-7 03:50 |
German police in the city of Klingenthal have reportedly arrested six suspects for stealing electricity to fuel a crypto mining operation
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Marathon Digital Holdings and Zero Two announced a new Middle Eastern mining operation in a press release on May 9. The first mining site as part of the operation will be in Abu Dhabi’s Masdar City.
2023-5-10 00:27 | |
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Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled.
2019-1-22 04:05 | |
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Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners.
2019-1-21 21:52 | |
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Bitmain Technologies, the cryptocurrency mining giant headquartered in Beijing who are responsible for the vast majority of ASIC mining devices,… The post Bitmain Abandons Amsterdam Operation to Pursue Long-Term Road Map appeared first on Invest In Blockchain.
2019-1-14 22:36 | |
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The Chinese cryptocurrency mining giant Bitmain has closed another overseas office located in Amsterdam. The decision is part of a wider plan to adjust its business after a bear market that affected the whole crypto market during 2018.
2019-1-14 21:46 | |
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Bitmain, the largest manufacturer of cryptocurrency mining rigs in the world, has suspended all of its operations in Texas, where the company was supposed to build the largest mining operation in the country, Texas Public Radio reported on January 11, 2019.
2019-1-13 14:00 | |
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On Thursday, Bloxroute Labs announced a partnership with the China-based mining operation Rawpool Group and global video communication software firm Yeecall. Both Rawpool and Yeecall plan to be the first cryptocurrency businesses to adopt Bloxroute’s product, dubbed the Blockchain Distribution Network version one.
2019-1-11 07:00 | |
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On January 7, 2019, The South China Morning Post reported that several residents had been duped of over HK$3 million (~$382,000) in a crypto mining scheme by entrepreneur Wong Ching-kit. Backstory: Face of a Mining Operation Wong Ching-kit, a cryptocurrency entrepreneur, has been accused of running a scam by several Hong Kong residents who accuse him of making away with just under.
2019-1-9 12:00 | |
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A Taiwanese Bitcoin miner identified with the last name Yang was recently arrested and charged by authorities for mining 100 million yuan ($14. 5 million) in cryptocurrencies. He used NT$100 million ($3.
2018-12-28 14:29 | |
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Japanese internet giant GMO Internet Group is quitting the cryptocurrency mining hardware sector, according to a public document. Citing extraordinary loss in Q4 this year, GMO said that it will “no longer develop, manufacture and sell” miners.
2018-12-26 18:00 | |
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BEIJING, CHINA – On December 12th, 2018, BitDeer announced its official launch as a world-class computing power-sharing platform and strategic partnerships with BTC. com and AntPool, the world’s largest cryptocurrency mining pools.
2018-12-13 01:21 | |
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Via an announcement made earlier on Friday, a spokesperson for Squire Mining Ltd. , stated that his firm had signed an official agreement to acquire all of the crypto mining assets that are currently owned by CoinGeek (as well as by all of its affiliates).
2018-12-2 22:16 | |
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ASUS is the latest technology giant to hop on the cryptocurrency mining bandwagon. The Taiwanese manufacturer is now encouraging gamers to mine cryptocurrency when they’re not playing games. Putting to use their idle graphic cards, ASUS gamers will be able to mine cryptocurrency and cash out their earnings through PayPal or WeChat.
2018-11-29 17:11 | |
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In our latest roundup of mining-related news, we look at a few examples of the knock-on effect that the current cryptocurrency bear market is having on the global mining industry and its main hardware suppliers.
2018-11-23 23:00 | |
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It is not uncommon for students to get crafty when they aim to mine cryptocurrencies. Some use the “free” electricity of their dorm to mine Ethereum and other altcoins. In China, one entire school seemingly had a secret Ethereum mining operation going for quite some time.
2018-11-14 04:22 | |
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On November 8, 2018, blockchain and cryptocurrency mining firm DMG Blockchain announced the opening of its new 85-megawatt crypto mining facility in Canada, as per a press release by Global News Wire.
2018-11-14 21:00 | |
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Going Big – Hut 8 Purchases 12 More BlockBoxes Hut 8 is already the world’s largest cryptocurrency miner by market capitalization and operating capacity standards. Now it is poised to grow its capacity in a bid to become the world’s largest Bitcoin miner.
2018-11-13 19:31 | |
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The Japanese Technology Giant GMO Internet just published its report for the third quarter. According to the report, the IT company recorded continuous viable performance in its crypto-related businesses.
2018-11-12 20:54 | |
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On Saturday, Nov. 10, the operation BMG mining pool mined multiple 32 MB blocks on the Bitcoin Cash (BCH) network. The first block at height 556034 was the biggest block ever mined on the BCH chain and the process confirmed over 166,000 transactions.
2018-11-10 19:55 | |
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A Canadian university had to shut down its entire campus network after it discovered hackers had hijacked its computing power to surreptitiously mine cryptocurrency – Bitcoin, to be exact. In a statement released earlier this week, Nova Scotia-based St.
2018-11-7 13:44 | |
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After four years of operation, Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business, BTCC Pool Limited, the company announced on their website on November 6, 2018. Mining Company BTCC Pool Shut Down Indefinitely A major crypto exchange based in Hong Kong has announced that it will be shutting down its mining pool business.
2018-11-7 10:00 | |
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BTCC, Hong Kong-based cryptocurrency exchange, is shutting down its mining pool business, BTCC Pool Limited, after 4 years in operation. On November 6, BTCC Pool said that it would shut down all mining servers on November 15 and would cease operations indefinitely from November 30, citing the reason for the closure as “business adjustments”. The […]
2018-11-6 16:08 | |
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The cybercrime unit of the Turkish police has detained 11 people suspected of hacking into emails, user accounts and cryptocurrency wallets. The operation was launched after law enforcement received a number of complaints from victims who lost digital cash.
2018-11-4 06:55 | |
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What Is Invemo? Invemo is a cryptocurrency mining company that specializes in the operation and manufacturing of mining facilities in the most economic conditions compared to other similar companies.
2018-11-1 11:05 | |
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Bithub Africa has started using off-grid solar power to mine bitcoin and ethereum. John Karanja, the founder and chief executive officer of the small Kenyan mining operation, hopes to spread the technology to the rest of the continent while exposing the lie that cryptocurrency mining poses a danger to the environment.
2018-10-31 12:50 | |
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Coinmint LLC is turning to junk lending in order to fund a massive new mining operation. The project will repurpose a now-closed industrial site. Coinmint LLC is in the midst of a project to transform an aluminum smelter into a massive crypto mining operation by turning to the debt market.
2018-10-29 16:00 | |
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A relatively small cryptocurrency mining operation in Iceland has come up with a simple, yet effective solution cryptocurrency mining’s electricity issues. It uses excessive geothermal energy from farmers’ machines to power up the mining equipment in a win-win situation.
2018-10-23 23:00 | |
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MinedBlock offers the opportunity for investors to take advantage of using the resources from a large scale mining operation, mining multiple coins without the need to buy, configure and maintain expensive mining equipment.
2018-10-22 17:05 | |
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Generating electricity closer to full capacity and at a constant rate is the most economical, technically simple and safe mode of operation at nuclear power plants, according to NEA. Bitcoin mining can help by utilizing the excess energy reactors can generate outside peak seasons and hours of consumption, reducing the stress from powering up and […] The post How Bitcoin Mining Can Help Nuclear Reactors appeared first on Bitcoin News.
2018-10-17 03:20 | |
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Introducing The Daily 2, the all new video series by Crypto Daily and proclaimed crypto evangelist, Brian Wilson. Don’t miss a thing, be sure to subscribe to The Crypto Daily Official YouTube channel which can be found here.
2018-10-15 15:00 | |
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On Wednesday, Oct. 10, the mining operation SV Pool mined its first Bitcoin Cash block. The pool operators led by the blockchain firms Nchain and Coingeek say that hundreds of miners from all around the world have signed up to mine with the pool.
2018-10-12 04:30 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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This week the software developers behind the mining operation Slush Pool have announced a new organization alongside releasing an open source operating system (OS) for cryptocurrency devices. The new offshoot company called Braiins has produced a Linux based system for bitcoin mining rigs and they plan to extend the OS to other digital currency software […] The post Braiins OS Publishes Open Source Firmware for Mining Rigs appeared first on Bitcoin News.
2018-9-29 17:08 | |
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Chinese cryptocurrency mining giant, Bitmain, has officially filed an application to conduct an Initial Public Offering (IPO) on the Hong Kong Stock Exchange (HKEX). The application has been long anticipated by analysts, and many cryptocurrency investors are excited at the prospect of being able to invest in the mining operation.
2018-9-27 22:00 | |
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Canada’s largest cryptocurrency mining operator has been threatened with having its power cut off. Due to growing environmental concerns, Hut 8’s Bitcoin operation in Medicine Hat is to be one of the first to go in case of intense heat waves, CBC reports.
2018-9-24 14:02 | |
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Operation Black Hands is the newest opportunity brought forth by Choose Yourself Financial. The Operation Black Hands is based on investing in coal and other stocks that have the potential to rise in the coming months.
2018-9-16 09:30 | |
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Cuprum Token is a blockchain-based trading platform for trading and exchange of copper. Launched by leading Russian mining facility CUPRUM GROUP, the platform extends the opportunity to buy half price digital copper backed by real copper that will be produced at the facility.
2018-9-11 02:03 | |
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Operation Cryptosweep tops 200 investigations, Chinese mining giants seek IPOs, Bill Cosby accused of hiding wealth in bitcoin and August ICO scams net $68 million.
2018-9-1 20:07 | |
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Bitcoin mining can be a lucrative venture under the right circumstances. Most countries around the world lend themselves to this type of activity, including Norway. Unfortunately, it seems one particular operation may be shut down because it is generating too much noise for surrounding residents. Noise Is an Issue for Bitcoin Miners When it comes […]
2018-8-25 01:00 | |
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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.
2018-8-24 23:36 | |
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Norwegian bitcoin miner Kryptovault may be enforced to shut down its operation due to complaints about the noise filed by locals. The post Norwegian Neighborhood Turns Animus Toward Crypto Mining Seeking to Kick Kryptovault Out appeared first on CoinSpeaker.
2018-8-24 16:07 | |
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Japanese Companies Outline Cryptocurrency Plans Three public firms based in Japan have declared their plans regarding the trading of digital currencies. Notably, each of the three institutions (Forside, Farsteps and Line Corp) is either adding a new service to its portfolio or expanding its area of operation. The following is a detailed overview of the […]
2018-8-20 19:41 | |
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Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs.
2018-8-20 05:44 | |
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Kryptovault Cryptocurrency Mining Operation Receives Bomb Threat A recent reporting by news outlet, Vakdalposten, covered what seems like a bomb threat directed towards crypto mining firm, Kryptovault.
2018-8-17 16:44 | |
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As college students use dorm rooms for their mining efforts, universities and businesses alike are concerned about costs and hazards. For Penn State University freshman John Cines, a dorm room crypto mining operation was completely justified by tuition prices.
2018-8-12 01:00 | |
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Securix is a cryptocurrency mining solution based in the Netherlands. It features an operationally ready product, an eco-conscious energy program, and the innovative asset-backed SRXIO token, Securix is offering enhanced value and a differentiated product versus cloud mining operations, providing a monthly passive gross revenue share to investors from its mining operation, while protecting token holders from price volatility.
2018-8-9 06:41 | |
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SCAVO Technologies is based on the commercial model of the SCAVO Token. Each SCAVO Token acquired by investors represents the right to receive profits from everything produced by the mining farm for life (as long as it is the Token holder), understood as the period during which the profits exceed the operating cost necessary to maintain in operation the farm.
2018-8-3 14:17 | |
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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.
2018-7-31 20:36 | |
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The new substation will power DMG’s crypto mining activities as well as its mining-as-a-service operation.
2018-7-30 12:55 | |
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Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.
The legislation would have capped the industry's participation in demand response programs.
Bitcoin miners are uniquely flexible energy consumers we can use as energy tools to help solve several energy problems.
As today’s energy market becomes decentralized, energy grid operators may need to take a Web3 approach to asset management and security.
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits.
"We are taking proactive measures to shut down operations, shed load and create additional capacity in response to ERCOT's needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms.