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Bitcoin [BTC]: Dutch man dupes investors of $26 million after promising returns on Bitcoin mining rigs
Bitcoin mining is a lucrative activity. However, of late, it has also become the source for many associated criminal activities. An individual from Apeldoorn in the Netherlands was caught for money laundering after duping over 10 people who invested in his Bitcoin mining rig. дальше »
2019-5-22 21:30 | |
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Dutch Crypto Conman Scams Dozens in $2.2 Million Bitcoin Mining Fraud
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. дальше »
2019-5-22 14:11 | |
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Dutch Man Arrested for $111 Million Fake Mining Scheme
On March 21, 2019, Dutch news outlet NL Times reported that “Berry van M. ,” a 33-year-old Dutch businessman and the operator of now-defunct trading platform Koinz Trading, has been arrested on charges of deceiving investors with a bogus bitcoin mining scheme. дальше »
2019-5-21 19:56 | |
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Dutch man conned investors out of $26M with fake Bitcoin mining rigs
A man from Apeldoorn, Netherlands has been arrested for fraud and money laundering after convincing over 100 people to invest a total of $26 million in fictitious Bitcoin mining rigs. The 33-year-old named as Berry van M. дальше »
2019-5-21 15:59 | |
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Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs
Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter. ’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed participants to secure significant gains and even older mining devices are turning a profit. дальше »
2019-5-16 07:57 | |
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Why Chinese Miners are in a Frenzy over Used Bitcoin Mining Rigs
Chinese crypto miners are in a frenzy over pre-owned bitcoin mining devices following the recent price upsurge that saw the lodestar digital coin’s value rise from sub $4,000 figures to… The post Why Chinese Miners are in a Frenzy over Used Bitcoin Mining Rigs appeared first on CoinCentral. дальше »
2019-5-10 18:59 | |
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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work
In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin. дальше »
2019-5-8 20:07 | |
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Crypto Miner Theft: NorthWay Mining faces Lawsuit over the Theft of 5000 Mining Machines
Another scandal is brewing in the cryptosphere and this time, it involves Northway Mining. New-York based Miner Hosting company, NorthWay has been accused of the theft of about 5100 pieces of mining rigs. дальше »
2019-5-5 00:10 | |
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Recent Rise in Bitcoin (BTC) Price Pushes Secondhand Used Mining Rigs Costs Sky High
The market is moving quickly to take advantage of the increasing price of Bitcoin. April has been great to anyone who is mining Bitcoin, but those who were thinking to get into the game right now are claiming that prices are getting ridiculous. дальше »
2019-5-4 18:43 | |
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Rising Crypto Prices Equals Demand For Secondhand Mining Rigs
Bitcoin miner Darius Sharif Samani, mining analyst Michael Zhong, and other crypto mining experts discuss the correlation between the rising price of bitcoin and the demand for secondhand mining equipment. дальше »
2019-5-3 17:32 | |
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These Next-Generation Mining Rigs Pack a Ton of Hashpower
Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s). дальше »
2019-4-20 17:40 | |
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process. дальше »
2019-4-11 23:38 | |
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China Scare, Bitcoin (BTC) Mining Ban? Bulls to Overcome
Bitcoin prices stable above $5,000 NDRC of China propose Bitcoin and cryptocurrency mining China’s National Development and Reform Commission (NDRC) of the opinion cryptocurrency and Bitcoin (BTC) rigs don’t adhere to relevant laws and regulators, pollute the environment and unsafe and therefore propose a ban. дальше »
2019-4-9 21:00 | |
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OnMiners’ “Powerful New Mining Rigs” Are Too Good To Be True
In early March, Luxembourg-based technology company OnMiners unveiled a line of powerful cryptocurrency mining rigs. The startup revealed in a press release that it has developed a three-rig line of miners, which it claims showcase the highest hashrate currently available in the market. дальше »
2019-3-27 00:00 | |
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Levblockchain ICO
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. дальше »
2019-3-25 22:16 | |
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Wine, Mountains, and Mining Rigs: Georgia as a Crypto Powerhouse
With a population of just 3.7 million, this nation is second only to China in crypto mining
дальше »2019-3-25 14:53 | |
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Report: Bitmain to Launch 200,000 Crypto Mining Rigs in China
According to a report published by CoinDesk on Mazar. 21, cryptocurrency mining conglomerate Bitmain is looking to launch up to 200,000 new mining rigs in China, at a conservatively estimated cost of $80 million. дальше »
2019-3-22 15:57 | |
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‘Endothermic Miners’ Scam From OnMiners Uses Fake Team, Office Photos
An self-styled cryptocurrency mining company from Luxembourg has fielded multiple scam accusations after it emerged its executives do not exist. Critics Say OnMiners Claims Too Good to Be True OnMiners, which purports to produce three mining rigs with vastly superior hash power to market competitors, used stock photos and likely fake names for its leadership on its website. дальше »
2019-3-20 14:00 | |
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[UPDATE: Possible Scam] – Endothermic Mining Rigs Unveiled By Luxembourg Startup
UPDATE: After receiving some feedback from our readers, we found significant evidence that the OnMiners company is likely a scam. We will have more details shortly. OnMiners S. A. is launching a new generation of endothermic cryptocurrency mining rigs that promise high power but low energy consumption while reducing heat and noise generation. дальше »
2019-3-20 22:00 | |
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‘Game-Changing’ Endothermic Mining Rigs Unveiled By Luxembourg Startup
OnMiners S. A. is launching a new generation of endothermic cryptocurrency mining rigs that promise high power but low energy consumption while reducing heat and noise generation. Lowering Mining Costs with Endothermic Chips New companies and new technologies are entering the crypto mining space with the aim of lowering costs and energy consumption. дальше »
2019-3-19 22:00 | |
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GPU Miners May Soon Have Another Way to Make Money
GPU-based cryptocurrency miners have taken a beating throughout this bear market — just ask NVIDIA. However, users with spare GPUs may soon be able to put their ineffective mining hardware to another profitable use: renting rendering power to those looking to experience quality PC gaming on an underpowered computer. дальше »
2019-3-17 05:00 | |
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Illicit mining rigs commonplace at universities and small businesses
A new CISCO report finds that malicious crypto-mining related traffic increased 19x in the last nine months of 2018, with much of the activity focused on the hotspots of college campuses and small businesses. дальше »
2019-3-14 15:00 | |
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Bitmain Releases Bugfix, But Sidesteps Open Source Issue
Bitmain, which manufactures the popular Antminer series of mining rigs, has released a new firmware update that patches a critical vulnerability. But not everyone is happy: One crypto developer claims that another bug exists, and he is leveraging Bitmain’s licensing practices as a negotiation tactic. дальше »
2019-3-2 23:10 | |
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In the Daily: BCH on C2C Market, Binance in Indonesia, 400,000 Planned Mining Rigs
In this edition of The Daily, we cover the addition of bitcoin cash (BCH) trading support to a fiat-to-cryptocurrency platform, an expansion of educational services by Binance in Indonesia, and Ebang’s plan to sell 400,000 new mining rigs in 2019. дальше »
2019-2-24 15:17 | |
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Hardware Mining Giant, Ebang, Projects 400,000 Ebit Units For The Year To Rival Bitmain And Canaan
One of the major producers of mining machinery reportedly has plans to manufacture a minimum of 400,000 of its mining rigs before 2019 runs out. Ebang, the manufacturing company, hopes to be able to control the market in the near future as it currently holds about 9. дальше »
2019-2-23 14:46 | |
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Top-3 Mining Rig Maker Ebang Eyes Market Turnaround in 2019
Ebang, the third largest mining equipment producer, plans to make at least 400,000 of its Ebit mining rigs in 2019. The company commands a 9. 2% share of the global mining hardware market, lying behind only Bitmain and Canaan. дальше »
2019-2-23 01:00 | |
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Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?
The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »
2019-2-19 16:53 | |
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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. дальше »
2019-2-19 00:53 | |
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Police Mistake Crypto Mining Rigs For Drug Den in Raid Gone Wrong
Police in Adelaide, Australia raided the home of Rob Butvila expecting to find a marijuana grow room, but instead they found an elaborate crypto mining set up, complete with a ventilation system to keep heat the miners generate at bay. дальше »
2019-2-12 23:01 | |
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What Is Zcoin Protocol? Introduction to XZC Cryptocurrency
What Is Zcoin? Zcoin (XZC) is a decentralized cryptocurrency that uses zero-knowledge cryptographic proofs to provide anonymous transactions. It is ASIC-resistant, implementing a CPU-friendly MTP mining algorithm once ASIC rigs were developed to crack its original Lyra2z algorithm. дальше »
2019-2-9 21:14 | |
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This Crypto Ransomware is Targeting Bitcoin (BTC) Mining Rigs in China
Bitcoin (BTC) miners in China are in a bind after a ransomware by the name of ‘hAnt’ has been targeting specific mining rigs such as the Bitmain’s Antminer S9, T9 and L3. The ransomware has also found its way into Avalon rigs. дальше »
2019-1-27 14:26 | |
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An Overview of the Most Recent and Profitable Crypto Mining Machines in 2019
Cryptocurrency mining has increased with more powerful machines being manufactured despite the 2018 bear market. As it stands, the most recent machines in the market have the ability to facilitate 28-76 trillion hashes in one second. дальше »
2019-1-14 19:28 | |
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Bitmain Suspends Work on Bitcoin Mine in Texas
Bitmain, the largest manufacturer of cryptocurrency mining rigs in the world, has suspended all of its operations in Texas, where the company was supposed to build the largest mining operation in the country, Texas Public Radio reported on January 11, 2019. дальше »
2019-1-13 14:00 | |
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A Look at Some of the ‘Next Generation’ Mining Rigs Available Today
Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. дальше »
2019-1-12 03:10 | |
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A Look at Some of the ‘Next Generation’ Bitcoin Mining Rigs Available Today
Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. дальше »
2019-1-12 03:10 | |
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Bitcoin playboy who ‘made it rain’ accused of HK$3M fraud
You might remember Wong Ching-Kit, the self-styled Bitcoin ‘millionaire’ behind last month’s outlandish publicity stunt, which saw thousands of dollars rain from the sky in one of Hong Kong‘s poorest neighbourhoods. дальше »
2019-1-7 16:57 | |
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German Startup Devises Eco-Friendly Energy-Efficient Miners
Azultec is a company that has been researching current mining solutions as part of its project to create an efficient alternative with high computing power and low energy consumption. Its Cube devices are silent mining rigs that can be installed in living rooms. дальше »
2018-12-29 13:05 | |
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GMO Internet To Stop Manufacturing And Selling Mining Rigs
Although the company is going to stop making and selling mining rigs, it will continue its in-house mining operations.
дальше »2018-12-27 03:46 | |
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Razer SoftMiner Is A Cryptocurrency Mining Solution For Gamers To Earn ‘Razer Silver’ Credits
SoftMiner – Razer’s Cryptocurrency Mining Solution For Gamers Leading manufacturer of gaming hardware, Razer, has introduced a software that uses the computing power of idle gaming rigs to mine cryptocurrencies. дальше »
2018-12-13 19:54 | |
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Razer Releases “Mining” Software for Gaming Loyalty Program
PC gamers invest tremendously into their computer rigs. This marks them as prime candidates to be cryptocurrency miners — primarily due to their powerful GPUs. However, getting involved with crypto mining can be confusing for non-enthusiasts. дальше »
2018-12-13 03:03 | |
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Ethereum Wallets, Mining Rigs Still Targeted by Hackers at Low Prices
Ethereum has been one of the hardest hit cryptocurrencies during this year’s bear market. Its woes are nowhere near over as mining hardware has been targeted by hackers looking to cash in before prices plummet even further. дальше »
2018-12-11 09:28 | |
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Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December
There has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. дальше »
2018-12-11 01:50 | |
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Bitcoin Miners Go Silent As Price Falls
Despite being pummeled by bears, the Bitcoin mining community is channeling its inner Rocky Balboa for the final fight with Drago. Bitcoin price volatility and squeezed profit margins were a one-two punch to miners in November, with the hashrate and the price both falling by double-digits last month as some miners turned off their rigs. дальше »
2018-12-10 22:49 | |
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Bitcoin Mining Simulator “Crypto Crisis” Allows Users to Revisit BTC Blockchain’s First Decade
A cryptocurrency mining game was launched back in October that simulates the Bitcoin network back on its early days. The game was designed by Armoured Beans and it can play in a simulated environment as if they were mining in 2009. дальше »
2018-12-9 19:29 | |
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Bitcoin’s Network Just Experienced Its Second Largest Downward Adjustment
As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime. дальше »
2018-12-4 01:01 | |
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Canaan Creative Bitcoin Mining Equipment Seller Creates ‘Flash Sale’ for Avalon 921 and 851
Canaan Creative, a Bitcoin mining hardware manufacutrer, has recently revealed that it is having a flash sale which will sell its mining rigs with discounts because of the price leap of Bitcoin. The products that will be sold are the lines that range from the Avalon 921 line to the Avalon 851. All of them […] дальше »
2018-11-30 00:04 | |
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Bitcoin Price Crash Forces the Chinese Miners to Sell Their Equipment As Junk
It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices. дальше »
2018-11-25 00:00 | |
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Mining Rigs being sold by the Kilo
The fall of the cryptocurrency market over the last couple of months has been something that has been heavily discussed and prophesied about. The cryptocurrency market has been on a strong downward trend since December 2017 and is predicted to be that way up until second quarter 2019. дальше »
2018-11-23 10:04 | |
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New China Crypto Mining Rumor: BitFish’s F2Pool Disconnects BTC ASICs Causing Bitcoin Hashrate to Drop
While some of the ongoing rumours can neither be confirmed or denied, it is being reported all over the internet that the recent drop in Bitcoin’s native hashrate has forced a large number of crypto mining rigs within China to be turned off— primarily because this business avenue no longer seems to be profitable. According […] дальше »
2018-11-23 03:35 | |
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