2019-6-29 22:40 |
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories. origin »
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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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The Iranian government is cracking down on bitcoin mining operations after claims that mining operations were destabilizing the power grid and affecting electrical access for households and businesses.
2019-6-29 00:19 | |
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Authorities in Iran have seized around 1,000 Bitcoin mining machines from two abandoned factories, according to Reuters. The report hasn’t stated what cryptocurrency was being mined, or for how long the farm had been operating.
2019-6-28 11:41 | |
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Authorities in China have arrested a man after he reportedly stole electricity from an oil well to mine Bitcoin. The arrest was made after the police received a phone call from Daqing Oilfield, located in Haerken district (Tsitsihar, China) on May 28th.
2019-6-14 15:23 | |
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The Federal Bureau of Investigation (FBI) is chasing hackers — including the founder of cryptocurrency mining marketplace NiceHash — over an alleged plot to create and distribute malware through major dark web forum Darkode.
2019-6-12 16:40 | |
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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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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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Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U.
2019-5-29 16:42 | |
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By CCN: Chinese authorities sentenced a 61-year-old grandmother to four months in jail for stealing electricity while mining bitcoin. Qiuping Tang was also fined 10,000 yuan (about $1,500) for electricity theft.
2019-5-28 20:15 | |
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By CCN: Authorities in the Netherlands have arrested a suspect who allegedly operated a bitcoin mining investment scam, according to Dutch daily De Gelrderlander. The fraudulent scheme which was reportedly started in 2017 earned the man named Berry van Mourik at least €2 million ($2.
2019-5-22 14:11 | |
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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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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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Consensus 2019 was held in New York from 13th to 15th May. It is a grand event for all practitioners in the global blockchain industry. It brought together financial giants, blockchain start-ups, academic institutions, and regulatory authorities.
2019-5-19 15:34 | |
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Chinese authorities were able to uncover a fraudulent mining scheme that stole approximately $293 million from crypto users. As reported by the local news outlet 8BTC, a fake Chinese company called Lianxin Tech, sold more than 300,000 units of mining hardware to users in just a few months. Investors believed that they were going to […]
2019-5-12 19:10 | |
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Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors.
2019-4-26 19:00 | |
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Brazilian police arrested a man that was apparently running a crypto money laundering scheme in Brazil. The information was released by the local news site Gauchazh on April 23. As per the report, law enforcement officials shut down a Bitcoin (BTC) mining farm that operated in a clandestine drug laboratory in Porto Alegre. Suspect Arrested […]
2019-4-25 00:20 | |
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As Chinese citizens appear to have once more found a way to participate in the crypto market through USDT and crypto only exchanges, noises in the Communist Party have once... The post Chinese Authorities Propose a Complete Crypto Mining Ban appeared first on Trustnodes.
2019-4-9 14:06 | |
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Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.
2019-3-26 00:22 | |
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The Spanish cryptocurrency project CryptoSolarTech, which promised to launch mining farms using solar energy, decided to reimburse all funds collected within the ICO to investors. The reason is that it did not manage to receive permits from the Spanish authorities.
2019-2-24 12:48 | |
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Victims of an alleged crypto mining investment scam called “CryptoMining.Farm” have reportedly filed complaints with Thai authorities
2019-2-19 05:00 | |
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Blockchain firm Bitfury will develop a bitcoin mining center in Paraguay. The new mining operation is in partnership with Seoul-based research and development firm Commons Foundation.
2019-2-8 23:32 | |
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Stones are minor minerals and unless you want to engage more than 20 persons, or dig below six meters from ground and use heavy machinery, the permission to start a stone crushing is granted by the district collector (or on his behalf by the Sub Divisional Officer ) on recommendation of the Tahsildar.
2019-1-26 17:03 | |
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Authorities in Abkhazia have cut off 15 mining facilities from the territory’s electrical grid. The short-term measure is meant to alleviate power shortages during the cold winter months. The operators of the farms have fully cooperated with the local electric utility.
2019-1-2 21:40 | |
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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 | |
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Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT). According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15.
2018-12-14 03:12 | |
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A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be “the world’s largest cryptocurrency mining center and global exchange.
2018-11-26 14:00 | |
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Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt.
2018-11-24 15:00 | |
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Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment.
2018-11-11 22:00 | |
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The Economic Development and Trade Ministry of Ukraine is making serious plans to put in place a state policy aimed at legalizing all things cryptocurrency, including initial coin offerings (ICOs), bitcoin mining, among other activities, according to a local news source Ukrinform on October 26, 2018.
2018-10-30 00:00 | |
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On Oct. 16, in a bid to draw investors by providing a proven source of conflict-free minerals, Rwanda mining authorities announced a blockchain network to track the mineral tantalum – which is used in manufacturing most electronics such as mobile phones.
2018-10-19 10:00 | |
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There has been a wealth of news of late about China and the Chinese authorities new position on cryptocurrency. In the shortest possible terms, the government want to totally ban cryptocurrency trading and investment and wish to stamp out the Bitcoin culture that has slowly built up in China.
2018-10-15 23:00 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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Man Steals $15,000 Of Electricity For Bitcoin (BTC) Mining Despite the stringent rules placed on China’s crypto scene, the Bitcoin and altcoin mining business remains as hot as ever. So hot, in fact, that a Chinese man, named Xu Xinghu, thought it would be a good idea to steal electricity from the nation’s train network […] The post Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down appeared first on Ethereum World News.
2018-10-8 23:00 | |
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I’ve heard some pretty innovative ways to avoid the electricity bill while mining cryptocurrency, but this is a new one. A Chinese man has been stealing electricity from a local railway network operator in order to power his Bitcoin mining rigs.
2018-10-8 15:45 | |
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The Chinese authorities have continued to tighten the loopholes with regards to where the country’s citizens can access cryptocurrencies as well as any information with regards to trading and/or mining them.
2018-9-11 22:43 | |
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Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as authorities announced a series of price hikes.
2018-9-7 00:00 | |
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After existing for a couple of years in Iran, crypto mining has finally been accepted as an industry in the country. The Secretary of Iran’s Supreme Cyberspace Council told local news agency IBENA that the various ministries of the government are united in the decision.
2018-9-6 15:00 | |
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A Russian company known as the Kriptoyunivers Center opened the nation’s largest cryptocurrency mining unit on Monday, August 20, 2018. According to the South China Morning Post, the mining farm is currently located in a former Soviet fertilizer-producing laboratory.
2018-8-22 14:00 | |
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Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet.
2018-8-16 21:58 | |
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Cheap energy prices are sending crypto miners to the U. S. -Canadian border, turning hydropower into hash power, but the authorities are beginning to fight back. Taking Advantage of the Public Utilities Plattsburgh, a small town on the North American border has become ground zero for crypto mining.
2018-7-31 21:30 | |
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After five long months of working with South Carolina officials, Genesis Mining has been dropped from the cease and desist order it received back in March 2018 from the South Carolina Securities Division.
2018-7-28 02:37 | |
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In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […] The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News.
2018-7-27 03:15 | |
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It became known that local authorities of Chinese mountain region Xinjiang are going to haul illegal mining activities before summer 2018 will come to a close. The post China Bids Farewell to ‘Illegal’ Bitcoin Miners by the End of August appeared first on CoinSpeaker.
2018-7-24 21:58 | |
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New York City State is providing some reprieve to cryptocurrency miners after its regulatory authorities authorized a brand-new electricity rate for an upstate utility that lets mining ventures work out deals there.
2018-7-13 14:00 | |
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The largest cryptojacking breach, in terms of sheer scale, came to light in China after local authorities identified a group of hackers who ran an illicit mining operation for over two years. Largest Cryptojacking Breach On July 9, 2018, local news Legal Daily reported a massive cryptojacking spree of a group in China’s Dalian city after suspicious activities pointed to.
2018-7-12 04:00 | |
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35 Dark Web users suspected of being involved in a nationwide racket have been apprehended. Guns, drugs and cryptocurrency mining devices were found. The post Dark Web: US Authorities Arrest 35 Individuals Engaged in Illicit Cryptocurrency Activities appeared first on CoinCentral.
2018-7-11 16:32 | |
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Japanese authorities have issued out their first ever sentence for a malicious crypto mining offence according to reports out today. Interestingly though, the person in question has only been found guilty of illegally mining just $45.
2018-7-5 18:30 | |
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A month after authorities in Quebec lifted a moratorium on allowing Bitcoin miners, local businesses have begun threatening to leave suspecting unfair policies. ‘Very Saddened’ In a series of tweets June 28, D-Central founder Jonathan Bertrand claimed that due to conflicting interests and agendas at government level, as well as an “intense lobbying effort” from the world’s largest mining corporation Bitmain, had left smaller participants “completely stunned.
2018-7-4 17:00 | |
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An Iranian lawmaker wants his country’s central bank to take bitcoin seriously.
U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions.
The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country's exchanges.