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A 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, … Read more
A Russian cryptocurrency miner got into trouble with the customs office when trying to import mining equipment purchased online for personal use. After an appeal, the court sided with the customs office and barred the import of the mining equipment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Importing Crypto Mining Equipment The Russian … Read more
Just recently the tech giant Apple has revised its App Store policies concerning cryptocurrency applications offered within the platform marketplace. The new rules are a bit stricter and apply to cryptocurrency wallets, exchanges, and platforms that facilitate Initial Coin Offerings (ICOs). Also Read: Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro … Read more
The Québec government has ordered Hydro-Québec to halt electric power sales to crypto miners, and announced a new framework for this category of electricity consumers Go to Source Powered by WPeMatico
Obelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the rising threat of 51% attacks. Although initially devised with the company’s own ASIC miner in … Read more
Russia’s President Vladimir Putin argues neither Russia nor “any other country” can have its own cryptocurrency “by definition” during his annual live Q&A session today Go to Source Powered by WPeMatico
The Operation Prowli campaign has infected more than 40,000 web servers, modems, and other IoT devices, which they used for cryptocurrency mining Go to Source Powered by WPeMatico
Coinmint has announced it commenced operations at its newest crypto mining facility in New York. Operated via its wholly owned subsidiary, North Country Data Center Corporation, it is already mining several cryptocurrencies including bitcoin, dash and ether. Also Read: Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India Mining Operations Come Online Located at a … Read more
Vietnam’s Ministry of Finance has officially proposed that the country bans the import of cryptocurrency mining equipment. Bitcoin mining rigs are currently easily imported into Vietnam. This proposal follows the largest crypto fraud case in the country involving over $656 million and more than 32,000 victims. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry … Read more
With record numbers of crypto mining hardware imports, Vietnam’s Ministry of Finance has proposed a temporary blanket ban, local media reports Go to Source Powered by WPeMatico