Tag: cryptocurrency mining

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Crypto-Mining Malware May Have Affected Supercomputers

Several supercomputers in European nations have been shut down following reports that they’ve been infected with cryptocurrency mining malware. Thus far, devices in countries...

China Controls Much of the World’s BTC Mining Power

It’s clear why China has suddenly become so “kind” and open-minded towards bitcoin mining… It now controls approximately two-thirds of the world’s bitcoin and...

Cryptocurrency Mining Report Provides Financial Damage Figure

The environmental effects of cryptocurrency mining on our planet are allegedly more costly than we might have thought, according to a new report. Cryptocurrency Mining...

Mining Moratorium in Plattsburgh New York Results in Missed Opportunities for the City

Miners in the New York city of Plattsburgh in the U.S. are requesting that the cryptocurrency mining moratorium be lifted after less than a...

Paraguay to Capitalize on its Renewable Energy Through a Collaboration with Blockchain-based Platform

The South American country of Paraguay will be partnering with blockchain-based Commons Foundation to develop Golden Goose - an ambitious project involving crypto mining and...

Bitmain Sued For Allegedly Mining on Customers’ Devices Without Their Knowledge

In a David and Goliath-type case, crypto mining giant Bitmain is being sued by Gor Gevorkyan, a miner in the U.S. state of North Carolina. Gevorkyan...

Mining Giant Bitmain Expands to the U.S. State of Washington

The state of Washington in the U.S. appears to be one divided. Some counties have voiced their concern at crypto miners operating in some...

Cryptocurrency Miners in this U.S. County Could Soon be Facing Higher Electricity Bills

A county in the U.S. state of Washington is seeking to impose higher electricity rates for cryptocurrency miners. Cryptocurrency mining is a touchy subject, especially...

Bitmain Co-Founder Jihan Wu Stripped of Executive Authority in Possible IPO-Related Shakeup

In a development that has surprised many in the crypto community, Bitmain co-founder Jihan Wu has reportedly been stripped of executive authority and is...

McAfee Experts Confirm Malicious Crypto Mining Will Become More Popular

There has been no shortage of cryptocurrency-related malware over the years. A new report by McAfee claims the worst has yet to come in...

Government Websites in India Hacked for Crypto Mining

Hackers have targeted government websites in India with malware in order to conduct illicit cryptocurrency mining. The government of India has a contentious relationship with...

Cryptocurrency Mining CEO Sentenced to Prison

The ex-CEO of Gaw Miners, a cryptocurrency mining company, was sentenced to prison for defrauding investors via a Ponzi scheme. Just like any other financial...