China: Man Sentenced to Prison for Stealing Railway Electricity to Mine Bitcoin

China: Man Sentenced to Prison for Stealing Railway Electricity to Mine Bitcoin
фото показано с : btcmanager.com

2018-10-9 15:00

Although the Chinese regulatory bodies have maintained their distance from cryptocurrencies, it has not deterred the people in the country from partaking in the promising crypto mining industry – as a Chinese man was recently sentenced to 3.

5 years in prison for stealing power from a train station to mine Bitcoin (BTC). The incident was reported by the local media. . . Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News. origin »

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bitcoin mine chinese stealing man sentenced prison

Источник: btcmanager.com

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Фото:

Federal Election Committee Asked to Consider Crypto Mining for Political Contributions

OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice.

2018-10-5 23:57


Фото:

Cryptojacking Becomes More Sophisticated With Time: Chinese Researchers

Cryptojacking, an attempt to use a device’s spare computing power to mine digital currencies, is gaining ground ever since crypto assets started getting mainstream acceptance. Researchers from China’s Fudan University and Tsinghua University collaborated with the University of California Riverside to produce the first systematic study of these attacks.

2018-9-27 17:59


Фото:

New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22


Фото:

”Ghost Town” in British Columbia Eyes Revival as Bitcoin Mine Comes to Town

The town of Ocean Falls in British Columbia, Canada, is set to become yet another example of a rejuvenated small town with a new crypto mining facility in town. A report on September 4, 2018, shows that after four long decades of little to nothing happening, the fortuitous presence of cheap hydroelectric power has attracted a bitcoin miner to town,...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-7 01:00


‘Faketoshi’ Craig Wright Fails Bitcoin Block Calculations

Craig Wright, an Australian computer scientist and self-proclaimed creator of Bitcoin, took to Twitter Aug. 28 to state miners unable to mine 32 MB Bitcoin blocks deserve to “go bankrupt.” ‘Bitcoin Creator’ Speaks Out Needless to say, the broader cryptocurrency community was not amused with Wright’s comments, with some enthusiasts even highlighting that the “Faketoshi” […] The post ‘Faketoshi’ Craig Wright Fails Bitcoin Block Calculations appeared first on CryptoSlate.

2018-9-1 03:00


Фото:

A South African Township Is Becoming the New Gold Mine for Bitcoin

In several African nations, sending money to friends and family is difficult. Using bank accounts could be easy, but it takes days, sometimes even weeks, for transactions to clear. A new CNBC documentary is exploring the nuances of this emerging market and how exactly it is used to make the underbanked communities of the continent […] A South African Township Is Becoming the New Gold Mine for Bitcoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-28 21:28


Фото:

Here’s Why Genesis Mining Might Have Just Booted You Off Their Platform

Genesis Mining is a popular cloud based Bitcoin mining platform that lets users mine for Bitcoin. Each user is placed on a contract, through which they are allocated provisions in order to be able to mine through the platform, differing platforms offer differing rewards but of course, the bigger the reward the more expensive the contract, therefore, Genesis Mining have had to make some cut backs in order to ensure that those on the big contracts still have access to the service, as a result of the collapsing value of Bitcoin.

2018-8-17 08:00


Фото:

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.

2018-8-16 03:05


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