State-backed Crypto Mining Farm under Construction in Russia’s Buryatia

State-backed Crypto Mining Farm under Construction in Russia’s BuryatiaA new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver Building Large Data Center for Cryptocurrency Mining in Buryatia, Siberia A 100-megawatt […]

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Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green

Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be GreenA crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency on Solar and Excess Energy in South […]

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Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv

Security Service of Ukraine Shuts Down Crypto Farm Mining Near Front Line in KharkivUkraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service of […]

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Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm

Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto FarmWith а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system is well-protected from such consumers. Large-Scale Illegal Mining Operation Uncovered in Central Ukraine The Security […]

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Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan

Bitmain to Host Miners in 180MW Data Center in KazakhstanCrypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs. Bitmain to Work With Mining Facility Operator Enegix Leading mining equipment producer Bitmain has announced a partnership with […]

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Bloq Labs Reveals Software Suite That Aims to Increase Hash Power by Double Digits

The blockchain organization Bloq Labs has introduced a beta version of a new software suite for cryptocurrency miners called Titan. Bloq co-founder Jeff Garzik announced the project at the recent Binance conference in Singapore and claims the protocol can maximize a mining machine’s hashrate by double digits with thoughtful configuration and dynamic adjustment. Also read: An […]

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Blockstream Buys Mining Equipment From Chinese Manufacturer Innosilicon

Blockstream Buys Mining Equipment From Chinese Manufacturer InnosiliconBlockstream, one of the largest Bitcoin Core funding contributors, has evidently bought a lot of cryptocurrency mining equipment from the Chinese electronics hardware manufacturer Innosilicon. Does this mean that the company is setting up its own mining center? Also Read: Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare Blockstream Buys Mining Equipment […]

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Russians To Mine Bitcoin Close to a NATO Exercise in Norway

Russians To Mine Bitcoin Close to a NATO Exercise in NorwayA serious Russian investment in a new mining facility in Norway has sparked questions – why here, why now? Russians are throwing a billion kroner into a project to install thousands of powerful computers mere kilometers from the scene of a large NATO exercise. The construction of the farm is expected to begin this summer, […]

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Large Mining Farm Discovered in Abandoned Russian Factory

Large Mining Farm Discovered in Abandoned Russian FactoryA large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment.    Also read: Bitmain Opens Repair Center […]

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