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Iranian Authorities Impound 1,000 Bitcoin Mining Machines

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. дальше »

2019-6-29 01:00


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Jihan Wu’s Bitcoin Trading and Custody Firm to Launch in July

Matrix, the bitcoin trading and custodial platform co-founded by the ex-employees of bitcoin mining heavyweight, Bitmain, including Jihan Wu,  is reportedly set to commence operations within a month and the firm will also offer over-the-counter (OTC) trading, as well as crypto-backed lending service to its clients, according to The Block on June 5, 2019. дальше »

2019-6-7 09:00


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Iran’s Skyscraper Combines Bitcoin Mining with Vertical Water Park

While the sanctions imposed on Iran by the United States has undoubtedly taken a severe toll on the nation’s economy, the embargo has also stimulated the creativity in Tehran civil engineers. According to June 3, 2019, reports from ArchDaily, they have now built an innovative skyscraper that doubles as a cryptocurrency mining facility and aRead MoreRead More. дальше »

2019-6-5 17:00


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Australian Worker Faces Jail Term for Illegal Bitcoin Mining  

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. дальше »

2019-5-22 11:00


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Bitcoin Mining Firm Hut 8 Lays Off More Employees

Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More. дальше »

2019-4-7 15:00


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Banks May Refuse Deposits from Crypto Firms, Says Israeli Court

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. дальше »

2019-3-19 22:00


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The Rise of Cryptojacking: Prevent it, Detect it and Recover from the Malware

As cryptocurrencies grew in acceptance as well as value and cryptocurrency mining became a lucrative business, cryptojacking has become the latest jackpot for cybercriminals. Thousands of websites globally that are operated by government agencies and the most recognized organizations are compromised by malicious con artists who harvest their victims’ CPU power for covert mining operations. дальше »

2019-3-16 12:00


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Electroneum Unveils Low-Cost Groundbreaking Cryptocurrency Mining Smartphone  

The smartphone that is projected to cost only $80 is a fully functional handset with all the regular features you expect in an ordinary handset for that price. However, the phone has been preconfigured with Electroneum’s mobile crypto mining App and the “cloud mining” technology that enables users to earn ETN tokens via the AppRead MoreRead More. дальше »

2019-2-27 14:00


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Indonesian Student Nabbed for Illegal Bitcoin Mining with School Computers

Despite the gloomy cryptocurrency market outlook, bad actors are still interested in illegally amassing bitcoin (BTC) and other cryptoassets. In the latest development, a 22-year-old student has been arrested by the Indonesian police for illegally setting up a virtual currency mining operation with college computers, reported The Jakarta Post on February 14, 2019. дальше »

2019-2-19 14:09