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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 […] дальше »

2018-8-25 01:00


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Russia’s Leningrad Region Unveils the Largest Crypto Mining Farm

The Leningrad region crypto mining facility is built at an investment cost of 500 million rubles (US $7. 3 million) and has more 3000 mining machines installed with an energy capacity over 20mW. Cryptouniverse Builds the Largest Mining Farm On Monday, August 20, the government of Russia’s Leningrad region inaugurated “the largest data processing center in Russia, designed to extract digital currency – Bitcoin,” reports local publication Chianing. дальше »

2018-8-24 04:00


Vague Claims from the Bitmain Pre-IPO Investor Deck Are Adding Up

Bitmain Investor Deck – Vague and Misleading Statements Chinese mining giant Bitmain Technologies is getting ready for its IPO and rumor has it that the least of investors is potentially misleading. Cointelegraph discussed the matter with Henry Wu, an attorney and legal expert at Chinese law firm L&Y. Wu explained that Bitmain’s original list is […] дальше »

2018-8-22 21:03


KryptoVault Cryptocurrency Mining Firm Receives Bomb Threat over Noise Complaints

In Response to its Noise Levels: A Norwegian Crypto Mining Company Receives a Bomb Threat Mining can be a truly loud experience for anyone that's ever been near a mine, but apparently, for a number of very agitated individuals, one particular Norwegian Cryptocurrency mining company was going beyond the pale. It was reported this week […] дальше »

2018-8-18 20:56


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Mining startup dumps unprofitable users, blames it on Bitcoin price drop

Popular cloud based cryptocurrency mining service, Genesis Mining, is calling it time on lower tier Bitcoin mining contracts after claiming they’ve become a pointless endeavor. In a Genesis Mining blog post (spotted by Cryptovibes), the cloud mining firm stated that it will no longer continue to support its lower tier Bitcoin contracts. дальше »

2018-8-16 16:34


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Squire Partnership Gives Coingeek Exclusive Rights to 10nm ASIC Chip

On Wednesday, August 15, blockchain firm and mining organization Coingeek, led by entrepreneur Calvin Ayre, announced that the company has signed a deal with Canada-based Squire Mining Limited. Coingeek details the company will have exclusive rights to Squire’s new ASIC chips and mining rigs that mine bitcoin cash (BCH) and a variety of other cryptocurrencies. дальше »

2018-8-16 03:05


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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds after Citing Low Profitability and Rising Expenses

The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »

2018-7-31 09:00


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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds After Citing Low Profitability and Rising Expenses

The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »

2018-7-31 09:00


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Kapersky Reports New Crypto Mining Malware Targeting Corporate Networks

Researchers at Kaspersky Lab have uncovered a new form of cryptojacking malware targeting corporations in multiple countries, the cybersecurity firm reported Thursday. PowerGhost, a form of fileless malware – which uses a system’s native processes to hijack a computer – has reportedly been spreading on corporate networks in India, Brazil, Colombia and Turkey. The miner дальше »

2018-7-27 22:38