Mining

According to an IT Brief report, Australia could soon see the world’s first solar-powered Bitcoin mining center. The ultra-modern facility is situated in the coal-mining town of Collie, about 200 km south of Perth, and it’s being developed by data center operator DC Two and subsidiary D Coin. The hardware for the renewable energy-powered farm [...]

Genesis Mining is back. After a period of absence, the cloud-powered mining service returns to the US market. Genesis Mining services were suspended by the US regulator body in March 2018. After about four months, South Carolina has erased the order of suspension, allowing the company to continue its operations throughout the US. The company [...]

Another founder of a cryptocurrency mining company ran with investors' funds worth $ 2.5 million. A Hong Kong-based crypto mining company founder ran away with HK $ 20 million or $ 2.5 million worth of client investments. We are talking about Dennis Lau, founder of Forger Esports- an enterprise focused on eSports and IT equipment. [...]

After the never-ending fluctuations of the market, the crypto community may be in for some more bad news. According to an investigation performed by the independent security researcher James Quinn, a new crypto mining malware is currently on the prowl. Dubbed ZombieBoy, the malware was gathering an average of $1000-worth of cryptocurrencies per month before [...]

Steam, the famous gaming platform run by Valve Corporation has just pulled from its store a game dubbed “Abstractism” due to evidence that points to a possible cryptojacking. Abstractism is a simple platformer where players would have to make a pixel jump from one wall to another in a white and black environment. Retailing [...]

A utility supplier in rural Washington no longer accept applications from cryptocurrency mining operations. According to Seattle Times, the Franklin Public Utility District (PUD) temporarily blocked receiving energy applications from cryptocurrency and blockchain-related activities. PUD staff announced that under the signed moratorium it will begin to investigate the way crypto mining operations influence the electricity [...]

Chief Executive Officer of a cryptocurrency mining firm has unpleasantly surprised his team after running with $ 35 million, Newsweek reported. A news published on 30 July by Newsweek drew the attention of participants in the online environment. Le Minh Tam, CEO of Vietnamese company Sky Mining, has disappeared since July 26, as reported by [...]

Remember the story of the person who paid 10,000 BTC for two pizzas back in 2010? Well, even though that story went down in crypto history as one of the worst deals, it’s no longer the saddest story out there. As part of an interview on July 25, QIWI CEO Sergey Solonin told the spectators [...]

Recently, Costa Rican employees have begun to receive salaries in the form of cryptocurrency - a change considered by lawyer Rolando Perlaza a “trend that could take hold in the country." The adoption rate of cryptocurrencies is on the rise in Costa Rica as workers have started to accept part of their salary in crypto [...]

Cryptocurrency cloud mining services HashFlare interrupted its Bitcoin mining operations as well as all BTC-linked mining arrangements. The announcement was made on 20 July via Facebook. The reason why HashFlare stopped mining operations is financial gain, which due to price fluctuations is on the loss. We would like to remind you that since the beginning [...]

Vietnam will ban the import of cryptocurrency mining equipment, as reported by Viet Nam News on 19 July. The State Bank of Vietnam (SBV) has announced it will temporarily suspend the import of mining hardware. The measure was ordered by the Ministry of Industry and Trade (MoIT). The total number of mining machines reached 15,600 [...]