Malaysia arrests two over illegal Bitcoin mining operation, seizes 73 rigs

2026-7-31 15:11

Malaysian police have dismantled an illegal Bitcoin mining operation and arrested two men after seizing 73 mining machines that investigators say were powered through stolen electricity. According to a statement from Batu Gajah district police chief Assistant Commissioner Md Noor… origin »

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Источник: Cripyo.news

mining operation → Результатов: 126

Germany: Suspects Arrested for Stealing Electricity in Crypto Mining Operation

German police in the city of Klingenthal have reportedly arrested six suspects for stealing electricity to fuel a crypto mining operation

2019-2-7 03:50
mining operation electricity crypto stealing arrested suspects

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Mastermind Who Planned Iceland’s Biggest Bitcoin Heist Jailed for 4.5 Years

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
bitcoin jailed heist years iceland biggest mastermind

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Op Ed: Bitcoin Mining Attacks Are Overblown

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	Mining
bitcoin mining attack power single network need

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Bitmain Abandons Amsterdam Operation to Pursue Long-Term Road Map

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	Bitmain
bitmain abandons amsterdam mining map road operation

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China-Based Bitmain Crypto Mining’s Expansion Retreats Again as Amsterdam Operation Closes

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	News
office market amsterdam crypto mining bitmain whole

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Bitmain Suspends Work on Bitcoin Mine in Texas

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	Mining
texas bitmain mining site cryptocurrency operation largest

519 +

Block Propagation Startup Bloxroute Partners With Mining Operation Rawpool

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
bloxroute rawpool operation mining yeecall cryptocurrency block

429 +

Hong Kong Cryptocurrency Entrepreneur Accused of Scamming Investors of Millions

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	Scam
entrepreneur cryptocurrency mining hong residents several wong

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$3 Million in Stolen Electricity Leads to $14.5 Million in Crypto Mining Earnings

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	Mining
million mining crypto stolen electricity bitcoin 100

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GMO Internet Group exits cryptocurrency miner production

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
gmo internet mining group cryptocurrency sell longer

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BitDeer Partners with BTC.com and AntPool to Provide World-Class Computing Power Sharing Service

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	Press releases
bitdeer computing world-class antpool btc mining cryptocurrency

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After CoinGeek Acquisition, Squire Creates World’s Largest Publicly-Owned Crypto Mining Operation

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	News
mining squire crypto acquisition coingeek all currently

503 +

ASUS wants gamers to mine cryptocurrency when they don’t play games

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	hard fork
mine cryptocurrency asus gamers mining quantumcloud when

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Miner Goes Bankrupt, Manufacturers Stuck With Inventory, Rigs ‘Sold By Kilo’ as Scrap

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	Taiwan
bankrupt goes miner cryptocurrency mining scrap inventory

408 +

Chinese School Principal Fired Over Illegally Mining Ethereum

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
ethereum mining school mine chinese electricity illegally

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DMG Blockchain Announces 85-Megawatt Crypto Mining Facility

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	Technology
mining blockchain facility dmg crypto 85-megawatt announced

386 +

Canada’s Hut 8 Crypto Mining Operation Adds 12 New BlockBox Data Centers To Bitcoin Business

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	News
hut bitcoin capacity largest world miner new

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Japanese IT Gaint GMO Internet, Reveals a Boost in Profit From Cryptocurrency Business

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
gmo japanese report business internet boost gaint

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Bitcoin Cash Miners Break Records Processing Multiple 32 MB Blocks

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
bitcoin blocks multiple cash mined bmg pool

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University shuts down its entire network to stop Bitcoin crypto-jackers

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	hard fork
bitcoin university network hackers attack systems down

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Crypto Exchange BTCC Shutting Down its Mining Pool Business

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
btcc pool down mining exchange crypto shutting

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BTCC exchange is closing its mining pool business

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
btcc pool november mining business down exchange

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Turkish Police Detain 11 Suspects in Bitcoin Theft Case

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	Wallets
bitcoin police turkish cryptocurrency case theft suspects

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Invemo: Smart Industrial Cryptocurrency Mining Facilities?

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
invemo mining cryptocurrency seeks company facilities manner

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Kenya’s Bithub Africa Mines Bitcoin Using Solar Power

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
bitcoin power solar using bithub africa kenya

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Company Uses Junk Bonds to Convert Aluminum Smelter into a Giant Mining Operation

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
operation mining smelter aluminum junk new massive

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Wasteful? Iceland Farmers Says Bitcoin Mining is ‘Too Good to Be True’

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
mining farmers cryptocurrency iceland hennesdottir uses wasteful

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MinedBlock ICO

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
mining minedblock equipment look rely team managed

367 +

How Bitcoin Mining Can Help Nuclear Reactors

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
bitcoin reactors help mining nuclear seasons hours

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Welcome To The Daily 2 – The All New Video Series By Crypto Daily

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
crypto daily all blockchain brian help video

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SV Pool Mines Its First Block as November’s Bitcoin Cash Fork Approaches

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	Upgrade
bitcoin pool cash block fork approaches november

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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin

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	Digital assets
gmo stablecoin company bank crypto gjy japanese

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Braiins OS Publishes Open Source Firmware for Mining Rigs

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
mining braiins rigs source open bitcoin system

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Bitmain Officially Files for IPO As It Faces Growing Competition, BCH Jumps 20%

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	Mining
ipo bitmain officially mining cryptocurrency application faces

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Canadian city will kill power to $100M Bitcoin farm to keep citizens cool

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	hard fork
bitcoin mining hat medicine power people hut

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Operation Black Hands: James Altucher’s Trump Coal Country Miracle Investment

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	Cryptocurrency
hands operation black coal coming rise months

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Cuprum ICO

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
cuprum copper facility platform token group backed

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Crypto News Weekly 31.08.18: Top crypto exchanges faking volumes

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	News
crypto hiding wealth accused cosby ipos bill

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Norwegian Bitcoin Firm Faces Potential Shutdown Over Noise Levels

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
noise bitcoin down shut particular unfortunately norway

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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.

2018-8-24 23:36	Mining
noise threat bitcoin mining kryptovault facility required

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Norwegian Neighborhood Turns Animus Toward Crypto Mining Seeking to Kick Kryptovault Out

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
kryptovault norwegian kick seeking out mining turns

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Japan’s Forside Crypto Mining Expands, Fasteps Exchange Launch & Line Token Fund News

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	News
line japan three plans forside adding either

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Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

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	Virtual Currency
mining plan exchange japan public companies bitcoin

469 +

Norwegian Bitcoin Mining Firm Receives Bomb Threat for Ruining Peace and Quiet

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	News
bomb firm threat mining receives norwegian kryptovault

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Dorm Room Mining Operations Have Universities Concerned

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
universities mining dorm concerned room operations penn

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Securix ICO

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
securix mining product token passive gross revenue

458 +

SCAVO Technologies ICO

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
scavo token technologies profits mining farm maintain

458 +

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.

2018-7-31 20:36
town bitcoin used part old alcoa plant

422 +

Canadian Bitcoin Miner DMG Installs 85MW Substation to Power Expansion

The new substation will power DMG’s crypto mining activities as well as its mining-as-a-service operation.

2018-7-30 12:55	News
power substation dmg crypto mining activities well

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Hyperscale Data sells 100 BTC to fund AI center

Hyperscale Data has sold about 100 Bitcoin and secured a BTC-backed credit facility to finance construction of its artificial intelligence data center in Michigan. Hyperscale Data converts Bitcoin into AI funding Hyperscale Data disclosed the Bitcoin sale and financing agreement…

Uzbekistan crypto mining: How will the Beshkala Mining Valley operate?

Uzbekistan has established a special crypto mining zone across Karakalpakstan, introducing tax incentives, expanded power options, and a dedicated regulatory framework to attract licensed mining companies.

Poolin, Once the World’s Largest Bitcoin Mining Pool, Files for Chapter 11 Bankruptcy

Poolin and U.S. affiliates have filed for Chapter 11 bankruptcy, revealing $173M in debt—mostly customer IOUs—and a plan to sell Texas mining sites to.

Solo Bitcoin Miner Hits $200K Block Using $150 Rig as Solo Block Finds Jump 41%

Solo Bitcoin miners found 24 blocks in the last 12 months, a 41% rise, with one miner scoring $200,000 using a $150 rig, spotlighting the lottery-like.

Former Meta Engineer Calls Quantum Computing and Miner Economics Bitcoin’s Two Ticking Time Bombs

A former Meta engineer argues quantum computing and declining miner incentives are two ticking time bombs that could undermine Bitcoin's long-term security.

Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining

Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER…

2026-7-31 15:11

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