Category: Blockchain Mining

The Lviv branch of Ukrainian Railways has been caught red-handed diverting company electricity to mine bitcoin.

A division at a state-owned enterprise of rail transport in Ukraine illegally mined Bitcoin, using the country’s power grid

Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a new price model for mining operations and prices per kilowatt-hour (kWh) will fluctuate during certain […]

The imbalance in power and access in emerging technologies is linked to energy usage and cost — some blockchain protocols are set to change that

The founder and CEO of bitcoin miner maker MicroBT is being held by police. A source says it’s to assist an investigation over a business dispute.

A crypto miner stole the identity of a co-founder of the game developer behind League of Legends to illegally access $5 million in computing power

The Kadena network has gone live today, with the firm announcing a new $20 million token sale

After sustained growth over the past three months, bitcoin’s mining power has dropped with a seasonal falloff in hydropower output in China.

Bitcoin mining giant Bitmain has quietly filed an application for an IPO in the U.S. with alleged sponsorship from Deutsche Bank

Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.

A nuclear lab researcher in Russia will reportedly be serving three years in a prison colony for allegedly using government equipment to illegally mine Bitcoin (BTC). Andrey Rybkin, a nuclear scientist working at the All-Russian Scientific Research Institute of Experimental Physics in Sarov, was the last of three other employees to receive a prison sentence […]

Third Russian nuclear scientist sentenced for role in Bitcoin mining scheme

The World Economic Forum is building a blockchain-based sustainable sourcing project with 7 metal and mining industry firms on board.

Bitmain’s new bitcoin mine exploits cheap electricity in Texas, the nation’s biggest power market. Locals are happy for the new jobs.

Major crypto mining hardware manufacturer Bitmain has launched the purportedly largest facility for Bitcoin mining in the world, in Rockdale, Texas

Hackers use malicious code in WAV audio files to mine cryptocurrencies

The pressure appears to be mounting again for Bitcoin. A couple of months ago they were saying ‘you’ll never get another opportunity to buy four figure BTC’, and today it is looking like dumping back to $6,000. All hopes are now pinned on the halving seven months away, but can it really prevent another bear […]

The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies

Bitcoin’s parabolic rally of 2019 is now a thing of the past, and what lies ahead is anyone’s best guess. Crypto analysts are divided, with some calling a quick return to a bull market, while more bearish investors believe that Bitcoin has more to fall and will look for a bottom lower. However, a formula […]

Russian customs seizes cryptocurrency mining devices at Mongolian border

The government of Uzbekistan orders a 300% increase on electricity tariffs for cryptocurrency miners

Employee gets fined $7,000 for illegally mining Bitcoin on a supercomputer at a nuclear research center

CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant.

An Armenian IT company illegally used $150,000 worth of electricity to mine crypto from inside a hydroelectric plant

Chinese regulators look to new regulation for crypto mining in Inner Mongolia