Nuclear Engineers Arrested for Mining Cryptocurrency Using Government Supercomputer

Russian Nuclear Engineers Arrested for Secrectly Mining CryptocurrenciesRussian nuclear scientists working at a top-secret nuclear center have been arrested for allegedly using the center’s computer facilities for the purpose of mining cryptocurrencies. Also Read: Russia’s Largest Bank Caught Employees Mining For Crypto   Russian Nuclear Engineers Arrested for Secrectly Mining Cryptocurrencies Engineers working for the All-Russian Research Institute of Experimental Physics at the Federal […]

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Physical Bitcoin Mining Hardware Store Bitmart Opens in South Africa

Physical Bitcoin Mining Hardware Store Bitmart Opens in South AfricaBitcoin might be magical internet money, but it has a very physical side in the form of the mining equipment needed to maintain the network. And if you’re someone that doesn’t like to leave an online trail or use a credit card for all your purchases, nothing beats a store IRL. That’s why bitcoin hardware […]

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New York Wants a Piece of the Ever Growing Bitcoin Mining Pie

New York Wants a Piece of the Ever Growing Bitcoin Mining PieWatch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries.  Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country […]

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Large European Power Company Will Not Sell Electricity to Crypto-Miners

Large European Power Company Will Not Sell Electricity to Crypto-MinersThis week one of Europe’s largest power companies, Enel, has announced the firm has absolutely “no interest whatsoever in selling power” to cryptocurrency miners. Also read: Dead again? In Reality Bitcoin Is Up 729% Since Last February One of Europe’s Largest Power Companies Allegedly Evaluated Cryptocurrency Mining Operations The Italian multinational renewable-energy corporation located in Rome, […]

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Samsung Enters the Bitcoin Mining ASIC Manufacturing Business

Samsung Enters the Bitcoin Mining ASIC Manufacturing BusinessKorean electronics giant Samsung is the latest chip manufacturer to enter the bitcoin mining hardware market. The company’s foundry has reportedly already began producing ASIC chips for a Chinese client earlier this month. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People to Write On Their Bodies Samsung Bitcoin Chips Samsung Electronics […]

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Russia Developing System to Identify Crypto Miners but Considers Giving Them Tax Break

Russia Developing System to Identify Crypto Miners but Considers Giving Them Tax BreakA Russian ministry is preparing a bill for the regulation of cryptocurrency mining which reportedly includes a “special system” to detect crypto miners. In addition, there may be a 2-year tax break for miners as well as energy quotas and special tariffs. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies System to […]

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