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Category: Mining Farm
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Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date
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Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
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Report: China’s Bitcoin Hashrate Dominance Dives, ‘North America Could Steal the Lead’
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Bulgarian Electricity Company Unveils Details of Historic Power Theft Linked to Illegal Bitcoin Mining
One of the largest exporters of electricity in Europe has revealed details of the most significant theft they have had in history, linked to a massive illegal bitcoin mining farm in a small Bulgarian village. Bulgarian Electricity Company Uncovers Massive Electricity Theft Linked to Illegal Bitcoin Mining According to Vesti, CEZ Group and police in […]
The post Bulgarian Electricity Company Unveils Details of Historic Power Theft Linked to Illegal Bitcoin Mining appeared first on Bitcoin News.
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Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners
The National Superintendency of Crypto Assets (Sunacrip) and the National Electricity Corporation of Venezuela (Corpoelec) signed an agreement to establish guidelines to “improve the development” of bitcoin and other crypto mining activities across the country. Venezuelan Government Bodies Are Expected to Set Guidelines for Granting Crypto Mining Licenses According to the government’s announcement on Dec. […]
The post Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners appeared first on Bitcoin News.
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Japan’s DMM Exiting Cryptocurrency Mining Business
Japanese e-commerce giant DMM.com is reportedly exiting its cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news follows an announcement by another major Japanese company, GMO Internet, that it will no longer manufacture and sell mining machines, citing similar reasons. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations […]
The post Japan’s DMM Exiting Cryptocurrency Mining Business appeared first on Bitcoin News.
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Church Mining Cryptocurrency Told to Pay Higher Electricity Rates
The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises. ‘Grace’, the religious organization of the local evangelical community, has been taking […]
The post Church Mining Cryptocurrency Told to Pay Higher Electricity Rates appeared first on Bitcoin News.
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The Daily: Nobel Laureates to Advise Industry, DoD Facility to Become Mining Farm
In today’s edition of The Daily we cover stories about two Nobel winners to advise the crypto industry, another leading sports team launching a fan token, Malta Stock Exchange and Binance creating a new trading venue, and a Chinese company that will transform a US Defense Department facility into a mining farm. Also Read: New […]
The post The Daily: Nobel Laureates to Advise Industry, DoD Facility to Become Mining Farm appeared first on Bitcoin News.
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Hydroelectric Dam in New York Repurposed as Crypto Mining Farm
A hydroelectric dam in eastern New York State is being converted into a dedicated crypto mining farm, taking advantage of low-cost, renewable energy, according to Dpw Holdings whose subsidiary is building the mining farm. Anteater miners, equipped with ASIC bitcoin mining chips developed by Samsung and Innosilicon, will be used on the site, the company […]
The post Hydroelectric Dam in New York Repurposed as Crypto Mining Farm appeared first on Bitcoin News.
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