Hashflare – DIGIT INFO

Estonian Nationals Extradited to US for $575M Crypto Fraud

DIGIT — Sat, 01 Jun 2024 00:37:48 +0000

Two Estonian nationals have been extradited from Estonia to the U.S. to face charges for their roles in “a massive multi-faceted cryptocurrency Ponzi scheme,” according to an announcement by the U.S. Department of Justice (DOJ). Sergei Potapenko and Ivan Turõgin are accused of operating a $575 million Ponzi scheme involving the fraudulent cryptocurrency mining service […]

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HashFlare founders arrested in ‘astounding’ $575M crypto fraud scheme

DIGIT — Tue, 22 Nov 2022 03:19:45 +0000

The HashFlare founders have been charged for their alleged involvement in a crypto fraud and money laundering conspiracy.

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HashFlare’s Exit and the Future of Cloud Mining

DIGIT — Fri, 27 Jul 2018 10:18:53 +0000

Will this platform’s controversial move trigger the demise of cloud mining?

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The Daily: TCAP Explores Market, Tutanota Accepts Cryptos, Huobi Launches Cloud

DIGIT — Mon, 23 Jul 2018 09:52:40 +0000

In today’s edition of Bitcoin in Brief we cover stories about one of the largest inter-dealer brokers in the world exploring the cryptocurrency market, a privacy-focused email service that now accepts several cryptos, a new white label exchange offering and a cloud mining service that abruptly ended BTC contracts. Also Read: Coinbase Gets $20 Billion […]

The post The Daily: TCAP Explores Market, Tutanota Accepts Cryptos, Huobi Launches Cloud appeared first on Bitcoin News.

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HashFlare Offers Clients No Alternatives for Suspended Bitcoin Cloud Mining Contracts

DIGIT — Sun, 22 Jul 2018 18:00:19 +0000

Cryptocurrency companies active in the world of cloud mining always face an uphill struggle. It is evident things are not looking all that great as of right now. HashFlare, one of the bigger cloud mining providers as of right now, has confirmed that it will not resume Bitcoin mining for the time being. HashFlare Calls ... Read more

Some Crypto-Mining Operations Are Not What They Say They Are

DIGIT — Sun, 22 Jul 2018 15:35:06 +0000

Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent […]

The post Some Crypto-Mining Operations Are Not What They Say They Are appeared first on Bitcoin News.

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Cloud Mining Provider HashFlare is Offering Discounts on Bitcoin and Script Contracts

DIGIT — Sat, 03 Mar 2018 18:49:08 +0000

Cloud mining contracts are an easy way to earn Cryptocurrency through mining, as they don’t involve setting up hardware on your own. They do it by delegating the duty to a third party that mines for you and charges a small fee. Considering the risks and hassle associated with setting up one’s own mining facilities, it is a good idea and may end up being profitable, as we approach the hardcap for Bitcoin. If one wants to accumulate Cryptocurrency for the long-term, satoshi by satoshi, without getting their hands dirty, cloud mining is the way forward. Disclosure: This is a

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