Chinese Police Seize 600 Computers Used To Mine BTC In Tianjin
Chinese police have seized 600 computers used to mine Bitcoin in Tianjin, after the local grid operator reported irregular electricity usage. #NEWS Go to Source Powered by WPeMatico
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James Bond-Like Villain in $2 Million Bitcoin Heist Caught in Amsterdam
Amsterdam police have announced the re-arrest of Sindri Thor Stefansson. He was initially arrested days ago in Iceland in connection with a bitcoin hardware mining caper that included 600 computers worth $2 million. In a James Bond-like villain move, after his first capture he managed to escape, reportedly hitching a ride on a plane carrying … Read more
Suspect In Iceland Bitcoin Mining Heist Arrested in Amsterdam
The Icelandic fugitive connected to a burglary of cryptocurrency mining hardware has been arrested by Amsterdam police. #NEWS Go to Source Powered by WPeMatico
Iceland: $2 Mln Bitcoin Mining Theft Suspect Vows To Return Home After Fleeing To Sweden
Authorities issue international arrest warrant for escaped Bitcoin mining thief Stefánsson, who has chosen to return home “soon.” #NEWS Go to Source Powered by WPeMatico
Global Chip Manufacturer Expects Lower Profit Due To Uncertain Crypto Mining Demand
Global chip manufacturing giant attributes lower 2H18 revenue forecast in part to changing cryptocurrency mining landscape. #NEWS Go to Source Powered by WPeMatico
SPI Solar to Host 5,000 Bitcoin Miners for Chinese VC Fund 500 IPO
Green bitcoin mining, using renewable energy to produce the cryptocurrency, is in vague across the world. And while generating hydroelectric power from dams have been more widely reported recently, solar power is gaining ground, as exemplified by 500 IPO entering the space. Also Read: Blockchain Mining Completes Bitfarms Merger, Stock Jumps 49% Sun-Powered Bitcoin … Read more
Bitcoin Mining Operation Allegedly Causes Power Outage in Orenburg, Russia
Russia has always been an interesting country when it comes to cryptocurrency. Government officials remain on the fence about whether or not to allow this industry to thrive. The Russian Interior Ministry has suddenly decided to halt several Bitcoin mining operations due to the “misappropriation of electricity” in Orenburg. Bitcoin Mining in Orenburg is Problematic There have … Read more
Samsung Produces ASIC Chips For New Halong Bitcoin Miner
Samsung is revealed to supply Halong Mining with ASIC chips after announcing “mass production” of ASICs in China 2 months ago. #NEWS Go to Source Powered by WPeMatico
Crypto Farm With 6000 Miners Shut Down In Russia For Overdue Electricity Bill
Russian police have detained two people after a raid on a cryptocurrency mining farm that hosted over 6,000 miners. The perpetrators were guilty of not paying for electricity, reports say. #NEWS Go to Source Powered by WPeMatico
Philippines Regulator Issues Warning to Cloud Mining Participants
This week the Philippines Securities and Exchange Commission (SEC) revealed to the public that it plans to enforce securities regulations against cloud mining operations. According to the SEC’s statement, the regulatory agency believes these types of contracts should be defined as “securities.” Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Securities and Exchange … Read more