Join Our Telegram channel to stay up to date on breaking news coverage New York became the first state to impose a temporary moratorium on new cryptocurrency mining permits at fossil fuel plants, in a...
Tag: CryptoMining
Riot Blockchain, Argo, and Iris – How is Q4 going for crypto-mining
Companies operating in the crypto-mining sector have not had the best of starts in the last quarter of 2022. Several discouraging reports have come out over the past few days, each of which indicates ...
Compute North Files for Bankruptcy as Crypto-Mining Data Center Owes up to $500M
However, Hive decided to back out of the deal with Compute North, after seeing risk of higher power costs in Texas, president and chief operating officer, Aydin Kilic, told CoinDesk. “In doing o...
Crypto-Mining Data Center Compute North Files for Bankruptcy, CEO Steps Down
Compute North, one of the largest operators of crypto-mining data centers, filed for bankruptcy and revealed that its CEO stepped down as the rout in cryptocurrency prices weighs on the industry. The ...
Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities – Mining Bitcoin News
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency minin...
Iran: Recent crypto-mining rig seizures fuel new call for regulations
Over the last five months, Iran has seized more than 9,400 cryptocurrency mining equipments, while also dealing with power outages over the summer. According to Iran International and Kambiz Nazerian,...
US lawmakers eye environmental impact of crypto mining
US House lawmakers are seeking information from four crypto mining companies in an effort to understand the environmental impacts of blockchain technology. The House Energy and Commerce Committee sent...
Ethereum seeks to end crypto-mining through GPUs
The second largest market capitalization token, Ethereum, is preparing for a new project where it intends to end GPU mining operations by the end of the year’s third quarter. According to research, th...
Crypto-Mining Malware Steals $1.7 Million From Transaction Hijacking
Analysts from the Broadcom-owned cybersecurity company Symantec have identified a new cryptocurrency mining malware called Clipminer that stole nearly $2 million by hijacking crypto transactions, Blee...
SEC blocks $62 million crypto-mining scam
The US Security Exchange Commission (SEC) has blocked a $62 million crypto-mining and trading scam. Not only that, in an interview, SEC Chairman Gary Gensler criticized cryptocurrency exchanges and st...
NVIDIA Fined $5.5M for Inadequate Disclosures in Cryptomining: SEC
America’s top financial watchdog – the Securities and Exchange Commission – has settled with Nvidia over charges that the company under-reported the impact of crypto mining on its gaming business. NVI...
NVIDIA Settles SEC Charges Over Cryptomining Disclosures
Key Takeaways NVIDIA has agreed to pay $5.5 million in penalties to the SEC. The SEC accused NVIDIA of improperly disclosing how large of an impact that its cryptomining sales had on its gaming busine...
Russia publishes crypto regulation bill for crypto-mining and trading operarions
TL;DR Breakdown • Putin’s administration could cling to crypto-mining after facing economic problems.• Regulators in Russia mandate crypto-mining companies to register themselves. Recently the financi...
Minerset․com Announces New 200-Megawatt Crypto-Mining Facility – Press release Bitcoin News
press release PRESS RELEASE. Known as a leader in cryptocurrency-mining hardware sales and logistics, Minerset has generated more than $300 million in distributing 120,000-plus crypto-mining devices t...
Illegal crypto-mining activity busted in China, 190 machines confiscated
Crypto miners carrying out work illegally in China have been detained by police Machines worth 5 million yuan has been taken away from the miners A closed-door location was busted by the police in th...
Crypto-Mining Host BitRiver Rus Had Net Zero Carbon Footprint in H2 2021
BitRiver Rus, based in Irkutsk, Siberia, is one of the largest mining firms in Russia, offering hosting services for large-scale mining. Its data centers are 300 megawatts, and the company plans to in...
Google Cloud Launches VM Threat Detection For Crypto-mining Malware
Google Cloud, the cloud services arm by Alphabet, its parent company, has launched a threat detection service for its clients who run virtual machines. The threat detection service will allow users to...
Google Cloud Introduces Threat Detection System against Crypto-mining Malware
Google has announced the release of a new threat detection system for Google Cloud Platform customers against crypto-mining malware. Google Cloud’s new Virtual Machine Threat Detection (VTMD) protects...
Thailand embraces crypto-mining with transparent policies
TL;DR Breakdown • The country in Asia goes against all the anti-crypto ideals.• Thailand is the go-to haven for small crypto mining farms. After China banned the cryptocurrency market and crypto-minin...
Norton 360 offers crypto-mining extension services
TL;DR Breakdown • The Norton 360 extension is installed automatically on your computer.• Antivirus users believe that the crypto project is badly executed. The cryptocurrency market is growing rapidly...