2020-5-28 17:11 |
While the majority of non-CS folks believe that blockchain is designed to facilitate illegal activity, a fair approach to mining could totally change the game origin »
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An illegal Bitcoin mining operation was discovered in a house in Malaysia, adding to the toll on the country’s power grid and contributing to the trend in electricity theft driven by illicit crypto mining activities. On Feb. 13, an explosion…
2025-2-14 14:04 | |
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In the latest crackdown on illegal crypto mining, the Security Service of Ukraine (SSU) busted a mining operation, arresting an unspecified number of miners and recovering over 3500 PS4 gaming consoles and about 500 graphics cards that were found on the premises.
2021-7-12 18:56 | |
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Iranian law enforcement agencies confiscated 3,000 mining machines in the past week as part of their fight against illegal cryptocurrency mining businesses.
2021-6-12 23:11 | |
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Russian police seized almost 1,500 mining rigs from an illegal Bitcoin mining farm, spread across several locations
2020-3-28 02:00 | |
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Russian police have taken down an illegal mining farm for stealing state electricity
2020-3-28 23:00 | |
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Check out this week’s Bad Crypto News.
2020-3-22 22:00 | |
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The Federal Investigation Agency (FIA) recently seized two cryptocurrency mining farms in the Shangla district of Khyber Pakhtunkhwa, one of the administrative provinces of Pakistan, as per a report.
2020-1-25 00:00 | |
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Coinspeaker Chinese Authorities Seize 7000 Illegal Cryptocurrency Mining MachinesChinese authorities have discovered a massive surge in illegal cryptocurrency mining farms that are putting additional load on electric networks.
2019-12-24 14:42 | |
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Abkhazia looks to crack down on illegal cryptocurrency mining
2019-12-13 19:12 | |
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Cryptocurrency mining has been deemed by many to be energy-consuming. The ASIC miners used for the process utilize a significant amount of electricity for mining. In fact, the University of New MexicoThe post Iran offers bounties for exposure of illegal crypto-mining operations appeared first on AMBCrypto.
2019-11-14 15:30 | |
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From 2020, the Chinese government will no longer view mining as a borderline illegal activity.
2019-11-7 15:02 | |
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A nuclear lab researcher in Russia will reportedly be serving three years in a prison colony for allegedly using government equipment to illegally mine Bitcoin (BTC). Andrey Rybkin, a nuclear scientist working at the All-Russian...
2019-10-26 11:56 | |
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A 29-year-old man from Singapore faces 34 years in prison after allegedly stealing Amazon AWS and Google Cloud computing power and services to mine crypto. Stole Victims’ Information to Mine Crypto Ho Jun Jia also known as Matthew Ho was taken into the custody of the Singapore Police Force on September 26 after being charged under a 14-count indictment.
2019-10-11 18:00 | |
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A Russian nuclear engineer has been fined $7,000 for illegal bitcoin mining at a top-secret nuclear base. Scientists at Top-Secret Nuclear Lab Caught Mining Bitcoin According to The Moscow Times, Denis Baykov, a nuclear engineer at the Sarov nuclear base has been fined $7,000 for illegally using the plant’s supercomputers for bitcoin mining.
2019-10-1 14:00 | |
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China’s Inner Mongolia autonomous region is carrying out an inspection to eliminate “illegal” bitcoin mining operations by October.
2019-9-18 21:59 | |
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Fifteen Chinese individuals have reportedly been arrested for their involvement in an illegal cryptocurrency mining operation that hijacked the bandwidth of scores of internet cafes to mine approximately 100 million yuan (nearly $14 million) in cryptocurrency.
2019-9-4 11:26 | |
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In the latest update from the Capital One illegal cryptocurrency mining case, hacker Paige Thompson has been indicted for stealing data, in addition to using stolen computer power for crypto-mining activities.
2019-8-29 19:00 | |
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Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT on August 22, 2019.
2019-8-23 21:00 | |
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Sichuan province in China is well known for being a mining hub, thanks to the abundance of clean hydroelectricity available in the region at dirt cheap prices. However, the availability of cheap clean energy has also made the province a growing hub for illegal mining activities.
2019-8-22 02:30 | |
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It is an open secret that the supply of the crypto currency Monero partly feeds from illegal sources. With no other crypto currency is the phenomenon of malware mining as contagious as with the privacy coin.
2019-8-16 17:54 | |
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Iran, the US Sanctioned nation is very accommodating to Bitcoin and cryptocurrency mining. However, the latest ratified bill deems crypto trading illegal.
2019-8-10 18:16 | |
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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 | |
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Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019.
2019-8-9 17:00 | |
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Major Malaysian electric utility Tenaga Nasional Bhd has fallen victim to an illegal cryptocurrency mining operation, which resulted in a $760,736 loss
2019-8-8 22:36 | |
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Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.
2019-8-6 21:00 | |
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Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.
2019-8-8 21:00 | |
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What may come as a shock to the rising Iran’s population that participates in digital coin mining activities, the Iranian government announced a law aimed at regulating cryptocurrencies within its jurisdiction.
2019-8-6 20:30 | |
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Iran's government has introduced a bill that lifts the illegal status of cryptocurrencies and authorizes mining as an official industry.
2019-8-5 12:20 | |
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Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статья обновляется в течение дня. CoinDesk Полиция конфисковала более 4000 устройств для добычи (майнинга) биткоина (BTC) на незаконной шахте в Китае.
2019-7-16 09:16 | |
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China Arrests 22 in Illegal Bitcoin Scheme Bitcoin mining is still a thing in China. And according to a recent report from XinhuaNet, a Chinese press agency, so is illegal cryptocurrency mining. Due to the.
2019-7-15 08:30 | |
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Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статья обновляется в течение дня. CCNMarkets Незаконное подавление крипто-майнинга в Китае может спровоцировать рост цен на биткойны China's Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally https://t.
2019-7-14 08:19 | |
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Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions.
2019-7-14 22:30 | |
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Power officials in Iran have seized 1,000 bitcoin mining machines in two abandoned factories turned into mining farms in the central province of Yazd, Iran. The officials claim the cryptocurrency mining equipment was seized because their operators illegally made use of government-subsidized electricity, according to a Tech2 report on June 28, 2019.
2019-6-29 01:00 | |
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On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media.
2019-6-27 20:45 | |
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Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid.
2019-6-26 00:30 | |
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India is embroiled in rumors of a cryptocurrency ban that would have made cryptocurrency mining, trading, and ownership illegal.
2019-6-8 19:30 | |
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Authorities in China are investigating allegedly illegal Bitcoin (BTC) mining farms that have apparently been built without the required permissions in Sichuan province. This is according to the local media agency Sina in a report on May 30.
2019-5-31 01:54 | |
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This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.
2019-5-31 20:14 | |
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Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province
2019-5-30 17:30 | |
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Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.
2019-5-30 12:00 | |
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China is currently one of the countries with heavily regulated markets, and most especially the crypto market. In fact, the Chinese government seems to be heavily anti-cryptos and mining, although it does encourage the propagation of blockchain technology.
2019-5-22 13:45 | |
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Despite the fact that the price of bitcoin and other digital assets are just trying to recover from the winter of 2018, the crypto fever remains as hot as ever. Now, the Australian Federal Police (AFP) have charged a 33-year-old Sydney man for illegally mining cryptos with the federal government agency’s computers, reports local newsRead MoreRead More.
2019-5-22 11:00 | |
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An unnamed man from Killara in New South Wales, Australia, is being charged by the Australian authorities for making use of government computer systems to mine cryptocurrencies for self-gain. The man, formerly an Australian government employee, worked as an IT contractor and has been accused of converting government computers into cryptocurrency mining devices.
2019-5-21 19:30 | |
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Scams are a common occurrence in cryptocurrency, and there are many scammers in the market today. While there is often legal involvement when these situations happen, that is not the case for one mining farm.
2019-4-29 02:36 | |
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The cryptocurrency ecosystem has been a major target for cybercrime and illegal activities such as online theft and hacking. Cryptocurrency mining is essential for all coins, including Bitcoin [BTC] and Bitcoin Cash [BCH] and over the years, criminals have started to spot loopholes in the system to cash out digital currencies.
2019-3-27 21:30 | |
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Swiss financial regulator FINMA has finished enforcement proceedings against crypto mining firm Envion, concluding that its ICO was illegal
2019-3-28 20:52 | |
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Financial regulators in Switzerland have disclosed the illegal acts committed by Envion AG, a cryptocurrency “mining operation” that illegitimately collected over $90 million with an initial coin offering (ICO) last year.
2019-3-27 18:38 | |
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Our Organization Levblockchain LVE, will help many new, young, passionate people who are trying to work on new technology projects, blockchain projects and products. Many of Greek Developers abandoning because of the country’s educational erroneous infrastructure and frozen economic growth.
2019-3-25 22:16 | |
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An Israeli court has ruled that Union Bank of Israel cannot close the bank account of a crypto mining firm but can refuse certain deposits, as reported on March 17, 2019. Illegal Closure Despite consistent collaborations with various banks around the world, the blockchain industry has continuously faced the challenge of not being able toRead MoreRead More.
2019-3-19 22:00 | |
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