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Bitcoin Miner “Stole” 150 MW of Electricity according to Chinese Police

A Chinese man has found himself in police custody after attempting to steal electricity to fund his unprofitable Bitcoin mining operation, local media outlet Xinhua reports June 22. The suspect, known only by his surname Ma, allegedly mined Bitcoin and Ethereum on two hundred computers in the country’s Anhui province, all of which have been дальше »

2018-6-22 19:06


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Taiwan’s Financial Regulator to Conduct Limited Oversight of Cryptocurrencies

The Financial Supervisory Commission of Taiwan has indicated its intentions to maintain only a limited oversight of cryptocurrencies. The regulator said it’s going to focus mainly on the enforcement of anti-money laundering policies, while remaining open towards innovations like those coming from the crypto sector. дальше »

2018-6-22 15:40


Goldman Sachs CEO Says Bitcoin Not for Him as His Bank Bleeds the Economy Dry

WallStreetOnParade, one of my favorite sites tracking the depredations of America’s overclass, has a fun little story out today. The author, Pam Martins, tells of how she received a solicitation from Goldman Sachs for a loan only available to those for with the best credit rating for a ‘low’ APR of 7-25%. This offer, of […] дальше »

2018-6-22 03:27


Cheap Electricity Fees Might Make Kosovo a Cryptocurrency haven For Mining

Kosovo has one of the lowest electricity prices in Europe. In the UK for comparison, the price is about 19 US cents per kilowatt hour; but, in Kosovo the price is less than half at 7 US cents.   At only 7 cents per kilowatt hour, one Bitcoin can be mined for about 3000 US […] The post Cheap Electricity Fees Might Make Kosovo a Cryptocurrency haven For Mining appeared first on ZyCrypto. дальше »

2018-6-18 09:30