Crypto Mining Scam Uncovered in Thailand

2019-2-20 16:00

Over 30 people have come forward to the police after being scammed by a supposed crypto mining scheme that promised a 70 percent return on investment, the Bangkok Post reports on February 18, 2019. Mining for Money In the world of blockchain, it seems like it is another day, another scam.

Just a few daysRead MoreRead More. The post by Tokoni Uti appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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Источник: btcmanager.com

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Kenya taps US Bitcoin mining giant Marathon Digital for crypto regime and mining consultation

Kenya partners with Marathon Digital for crypto regime advice, a notable change from its central bank's previous warnings. The post Kenya taps US Bitcoin mining giant Marathon Digital for crypto regime and mining consultation appeared first on Crypto Briefing.

2024-5-7 01:30	Markets
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Iran & Arkansas - Is crypto mining under threat right now?

Senators Warren and King believe Iran's crypto mining profits pose national security concerns Arkansas lawmakers passed a bill regulating crypto mining With Bitcoin's halving well behind theThe post Iran & Arkansas - Is crypto mining under threat right now? appeared first on AMBCrypto.

2024-5-3 20:30	News
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Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report

Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said.

2024-4-15 16:24	Bitcoin
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BluestoneMining emerges as a leader in sustainable crypto mining

BluestoneMining establishes itself as a leader in sustainable crypto mining, offering lucrative and eco-friendly cloud mining solutions. #sponsored

2024-4-15 13:33	Sponsored
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Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology.

2023-10-28 18:51	Congress
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Thinking outside the rig: 5 creative ways to mine crypto

Cryptocurrency mining is not just about computer rigs. From Teslas and human heat to vintage tech and repurposed waste, delve into the most unusual crypto mining methods.

2023-9-28 18:07	Tesla
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Warning! X.CGmining.com Joins Long List of Cloud Mining Scams

Cloud mining and other crypto mining scams are some of the most prolific crypto fraud types operating today. New entry X.CGMining.com is only the most recent in a long list. In this article, BNC profiles several of them—many of which are still actively defrauding people today–and offers an easy-to-use guide for how to spot crypto-cloud mining frauds.

2023-8-15 14:01	BNC insights
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Best Free Crypto Mining Apps: Unlock the Potential of Crypto Mining With These Top Choices

Did you know that as of August 2021, the total market capitalization of cryptocurrencies was over $2 trillion? With the increasing popularity of digital currencies, many people are searching for ways to earn cryptocurrency without investing a large sum of money.

2023-6-5 11:52	Mining
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Kazakhstan collected $7M in crypto mining taxes in 2022

Crypto miners paid millions of dollars in energy fees last year following the regulation of mining activities.

2023-5-8 23:36	Mining
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Utah Firm Accused Of Fraudulent Mining Scheme, Is SEC Against Crypto Mining?

Weeks later after its supposed crackdown on the crypto industry, the U. S. Securities and Exchange Commission (SEC) is still making it into the headlines. On March 3, the regulator filed a complaint against a Utah firm over an allegedly fraudulent crypto mining scheme.

2023-3-7 17:15	SEC
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Crypto Crisis Pushes BTC Mining Difficulty To Bottom Spot, Any Possibility Of Reversal?

The low profitability of BTC mining is still puzzling for many crypto fanatics and investors. There’s no surprise here, given the ever-increasing energy costs. Moreover, the bear market is also significantly impacting Bitcoin’s mining difficulty.

2022-12-9 04:00
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Bitmanu crypto miners revive cryptocurrency mining

The apparently stagnant crypto market has burst into life since the recent launch of Bitmanu mining rigs. These ASIC miners make crypto mining simple like never before while delivering astounding profThe post Bitmanu crypto miners revive cryptocurrency mining appeared first on AMBCrypto.

2022-11-23 16:15	SPN News
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Quebec’s Energy Manager To Cut Supply For Crypto Mining Due To Shortage

Cryptocurrencies are generated via a process known as crypto mining which consumes massive amounts of electrical power. And higher energy consumption has consequently brought electrical power shortages in many countries due to increased mining activities.

2022-11-7 01:04
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Swapin Solutions: How Bitcoin And Other Crypto Miners Can Quickly Transfer Crypto To Fiat

Bitcoin mining and mining for other cryptocurrencies are cost-intensive businesses. There is regular maintenance of hardware and machinery, necessary upgrades, complex cooling solutions, and of course, the cost of energy — which is rapidly rising worldwide.

2022-10-26 22:28	Press Release
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Argentina Dismantles Illegal Crypto Mining Operation, Arrests 40

The country’s tax collection agency is investigating electricity theft, and seized cash and crypto mining equipment in the raids.

2022-10-22 20:16	Business
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European Union’s Action Plan on Digital Energy Might Affect Crypto Mining

The European Commission (EU) action plan seeks to curb electricity use for crypto mining among member states.

2022-10-19 15:30	European Union
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Mining Is More Than Alive and Here to Stay: Here’s Why

The current crypto winter makes people surprised if mining continues to be profitable. Is crypto mining alive at all? Let’s assess how relevant mining is within the fall of 2022. Is it worth entering the market now? What affects mining profitability? Mining is a method guaranteeing the operation of the crypto network, which needs computing […]

2022-9-30 00:23	Crypto Cable
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White House Calls for Crypto Mining Standards to Minimize Environmental Impact

The White House Office of Science and Technology Policy called for the U.S. to conduct further research on the energy impact of crypto mining in a new report published Thursday.

2022-9-8 17:11	policy
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Chinese mining giant Canaan doubles profits despite the blanket crypto ban

The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.

2022-8-19 15:33
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The debate on the impact of crypto mining on the environment takes center stage

The debate on the impact of crypto mining has been on for as long as cryptocurrencies came into existence. Bitcoin, the pioneer cryptocurrency, uses a proof-of-work consensus mechanism to validate its blockchain.

2022-7-21 00:10	Bitcoin News
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Kazakh Crypto Mining Tax Hike Signed Into Law by President Tokayev

Kazakhstan is trying to tackle its struggle with electricity shortages with a series of reforms on crypto mining.

2022-7-13 13:54	policy
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MAXUSDT (TRX) – Simplifies Crypto Mining for Crypto Miners

Evolution of Mining At the beginning stages of Bitcoin in the early 2000s, individuals interested in cryptocurrency mining were able to do so using their personal computers. As its popularity increased, so did the difficulty of mining.

2022-6-23 18:25	Sponsored
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Bitdeer Review – Is Bitdeer Cloud Mining Legit Or Scam?

Intro Mining is a crucial part of the crypto economy. Crypto mining ensures that cryptocurrencies on the blockchain network are valid and adds them to distributed ledgers since they have no central authority.

2022-6-7 18:40	Mining
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First Mover Asia: Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day

The manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet.

2022-5-10 01:41	Markets
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Warning! Star-Miner Joins Long List of Cloud Mining Scams

Cloud mining and other crypto mining scams are some of the most prolific crypto fraud types operating today. New entry Star-Miner is only the most recent in a long list. In this article BNC profiles several of them—many of which are still actively defrauding people today–and offers an easy to use guide for how to spot mining frauds.

2022-3-28 14:01	BNC insights
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Former Soviet Republic Is Primed For Crypto Mining, Despite Its Burgeoning Power Deficit

Georgia’s crypto mining economy has evolved into a global leader in recent years, largely because of low taxes and affordable electricity rates, as well as a libertarian regulatory environment.

2022-2-23 08:12
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This crypto fund and mining firm are partnering up to decentralize and improve Bitcoin mining

Digital Finance Group (DFG), a global blockchain and crypto investment firm, has announced a $250,000 private investment in Titan Mining. The post This crypto fund and mining firm are partnering up to decentralize and improve Bitcoin mining appeared first on CryptoSlate.

2022-2-22 06:00
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Kosovar government halts crypto mining amid power crisis

Following a recommendation from the Technical Committee on Emergency Measures for Energy Supply, Kosovo's Minister of Economy has decided to ban crypto mining.

2022-1-5 19:00
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USDMiner Cloud Mining Platform Welcoming New Users with Free Crypto

USDMiner, a cryptocurrency cloud mining platform, is giving away $10 in crypto to everyone that registers on its platform and purchases a crypto mining contract. USDminer offers a vast array of highly profitable crypto mining plans, including bitcoin (BTC), ether (ETH), litecoin (LTC), dogecoin, and more.

2021-11-26 17:00
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China’s NDRC Further Enforces Crypto Mining Ban, Seeks Punitive Damages for Miners

The National Development and Reform Commission (NDRC) China has called for further enforcement of the ban on crypto mining in the region via disciplinary electricity prices on large crypto mining farms.

2021-11-17 21:30	bitcoin mining
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Surging Crypto Prices Boosts Demand for Bitcoin Mining Rigs in Vietnam

Demand for bitcoin (BTC) mining rigs has increased by threefold in Vietnam since late August when the global crypto markets started showing signs of a fresh bull run. Market participants in the region say the prolonged COVID-19 pandemic has also made investors turn to crypto mining, according to a Vnexpress report on September 6, 2021.Read More

2021-9-7 21:00	vietnam
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Iran to Reallow Crypto Mining In September After Four-Month Blackout Ban

The governmental agency in charge of power generation and distribution in Iran says that crypto mining operations will be able to function from Sept 22. The post Iran to Reallow Crypto Mining In September After Four-Month Blackout Ban appeared first on BeInCrypto.

2021-8-23 09:50
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iM Intelligent Mining Raises $2.5 Million for Eco-Friendly Crypto Mining

Amidst intensified crackdown on crypto mining in China, iM Intelligent Mining is going to expand in Arkansas

2021-7-21 15:50
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Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining

Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments.

2021-6-30 10:00
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Hackers are Using Infected PC Games to Make Millions Mining Crypto

Antivirus company Avast has discovered a new malware named “Crackonosh” that is being hidden in free versions of popular PC games. The malware hijacks your computer to be used in crypto mining. The post Hackers are Using Infected PC Games to Make Millions Mining Crypto appeared first on BeInCrypto.

2021-6-28 21:25	Monero (XMR)
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Iran Seizes 3,000 Crypto Mining Devices in a Week

Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone.

2021-6-11 22:00
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Nvidia triples revenue forecast for crypto mining GPU sales

The California chipmaker says quarter one financials for fiscal year 2022 are on track to surpass initial estimates, with demand for crypto mining graphics cards on the rise.

2021-4-14 18:15
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Pakistani Province Planning to Build Two Hydroelectric-Powered Crypto Mining Farms

It’s just the government not participating right now; people are all over trading and mining cryptocurrencies. The post Pakistani Province Planning to Build Two Hydroelectric-Powered Crypto Mining Farms first appeared on BitcoinExchangeGuide.

2021-3-21 18:08	Mining
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Belarusian government explores potential move into crypto mining

The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining.

2021-2-27 15:08	Energy
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How Grayscale is leading the Crypto Mining Dominance Shift from China to North America

China is home to the biggest crypto mining industry in the world, despite many other countries implementing strategies to attract more mining firms. The US and Canada have tried since 2018 to challenge China’s global dominance in crypto mining for five consecutive years.

2020-9-13 15:09
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Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran

During the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July.

2020-8-15 19:30
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Iran One-Ups the United States? Tehran Seeks Crypto Mining Dominance

Iran’s government OKs power plants mining crypto as the country moves forward with a national strategy for cryptocurrency mining.

2020-8-8 19:15	Regulation
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FPGAs Threaten Smallcap Altcoins as Xilinx Enters Crypto Mining

Xilinx, a Fortune 1000 semiconductor company specializing in FPGAs, is entering the crypto mining market, said sources. This poses a threat to coins with “vulnerable” mining algorithms such Ravencoin, Nervos, and others.

2019-12-25 07:42	Technology
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Argo Blockchain Now Employs 7,000 Crypto Mining Machines

Argo Blockchain, increased the number of its crypto mining machines to 7,000, with plans to add additional 10,000 machines in 2020. Argo to Increase Crypto Mining Machines by 10,000 The crypto mining industry saw a surge in interest due to recovering prices in 2019, with many of the miners who previously left the industry making a comeback.

2019-11-11 14:19
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Bitmain Can Reach $12B Valuation After Purchase of 600,000 Crypto Mining Chips

Coinspeaker Bitmain Can Reach $12B Valuation After Purchase of 600,000 Crypto Mining ChipsBitmain firm, Bitcoin (BTC) mining giant is purchasing more crypto mining chips that could result in a surprising profit of $1.

2019-8-23 15:43
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33 Illegal Bitcoin Mining Farms Are Raided By Malaysian Authorities

No crypto mining is more profitable than the one made with electricity you didn’t pay for. Recently, Malaysian authorities raided the crypto mining farms of people who believed that they would be able to get high profits by stealing electric energy.

2019-8-8 17:20	Legal & Regulation
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More Details Emerge Regarding Iran's Legalization Of Crypto Mining

The Iranian government enacted legislation this weekend that officially recognized the crypto mining industry in the country. The new legal certainty comes with a few drawbacks, including the prohibition of mining during peak electricity-usage hours and harsh restrictions on the trading of cryptocurrency within Iran.

2019-8-6 19:07	World
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Bitcoin’s CO2 Emission Numbers Are on Par with Las Vegas

One of the study’s authors suggests crypto mining regulations in regions with carbon-driven electricity production

2019-6-14 20:26
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Crypto Mining Firm Argo Blockchain Expects Cash Breakeven in May With New Miners

Crypto mining firm Argo Blockchain expects to break even in May following an investment in new mining equipment

2019-5-8 22:16	United Kingdom
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Will China Ban Crypto Mining?

China shares new plans to curb mining industry, continuing the general crackdown on crypto. How could it affect the global market?

2019-4-13 10:12	Bitmain
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Thailand to block unauthorized crypto platforms to combat online crime

Thai authorities have decided to prohibit unauthorized cryptocurrency platforms in order to improve law enforcement’s efficiency in combating internet crime, as per an announcement made on April 19. Following a meeting of the Technology Crime Prevention and Suppression Committee, Thailand’s…

Thailand’s crypto exchange Bitkub eyes IPO in 2025

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Thailand’s fourth-largest bank invests $103m in local crypto exchange

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Thailand delays $15b crypto giveaway citing security concerns

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2019-2-20 16:00

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