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Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’

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Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope With the High Demand According to Igor Runets, … Read more

Massive 70 MW Bitcoin Mining Rig Shipped to Russia

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Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power … Read more

The Many Facts Pointing to Chainlink’s Sergey Nazarov Being Satoshi Nakamoto

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During the last few years, smart contracts and blockchain oracles have transformed the crypto industry, and one specific project called Chainlink is the most widely used oracle network to-date. Another interesting thing about Chainlink is the project’s creator, Sergey Nazarov has been a Satoshi Nakamoto suspect in recent times. Last year, a number of reports … Read more

Expert warns Hackers are Targeting Russian Government’s IT Infrastructure to Mine Cryptocurrencies

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A state-affiliate cybersecurity expert warned about hackers exploiting the Russian government’s IT facilities to mine cryptocurrencies. The deputy director of the National Coordination Center for Computer Incidents believes such threat actors have been very active in recent times. Global Cybersecurity Landscape Remains ‘Tense’ According to TASS, Nikolai Murashov pointed out that hackers managed to inject … Read more

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