Mining

Ukrainian Railways Branch Caught Diverting Company Electricity to Mine Bitcoin

In the most recent occasion of state employees mining cryptocurrencies at work, a unit of Ukrainian Railways (Ukrzaliznytsia) has been caught using company electricity to mine bitcoin. 

Bitcoin Miner Manufacturer Canaan Intends to Raise $100 Million in US IPO

Canaan, the world's second-biggest bitcoin miner manufacturer, expects to raise around $100 million in its initial public offering (IPO) in the U.S.

Canaan Creative Makes $13M in Net Profit for Q3 2019

Canaan Creative has generated 94 million yuan, or around $13 million, in net profit for the third quarter of 2019.

Aluminum Giant Rusal Pivots to Bitcoin Mining After U.S. Sanctions

A Russian aluminum plant is turning to bitcoin mining after U.S. sanctions constrained the plant to close down last year.

7 Mining Tycoons Ink Agreement with WEF on Blockchain Sourcing Initiative

Seven major mining and metal firms have collaborated with the World Economic Forum (WEF) to create and send blockchain tools to help with sourcing materials all the more sustainably and responsibly. 

Mining Giant Bitmain Opens MW Mining Plant in Texas

Leading Application Specific Integrated Circuit (ASIC) maker Bitmain has begun a 50-megawatt mining plant in Rockdale, Texas.

Employee Fined for Illegally Mining Bitcoin at Nuclear Research Center

A staff at a nuclear research center in the closed town of Sarov in Russia was fined for unlawfully mining Bitcoin (BTC).

Iran Proposes Annual Registration for Cryptocurrency Miners

The Iranian government is considering a proposal to register digital currency miners on a year-to-year basis.

Bitmain to Launch Two New Models of Bitcoin Mining Devices

Crypto mining mogul Bitmain is introducing two new models for its Antminer range of bitcoin mining gadgets, one of which is its most powerful yet.

Cryptomining Malware Targets Students With Pirated Textbooks

Security software provider Kaspersky has distinguished a type of cryptomining malware that has taken root in numerous sites where pirated textbooks are transferred and downloaded.

Ukraine: Authorities Confiscate Crypto Mining Machines from Nuclear Power Plant

Ukraine's top law-enforcement and counterintelligence office discovered crypto mining hardware on location at a nuclear power plant.

Malaysian Authorities Raid Illegal Bitcoin Mining Facilities

Authorities in Malaysia have busted a few Bitcoin mining offices after finding that they were siphoning power at no cost.

Russian Authorities Investigate Crypto Mining Importer for Evading Import Fees

Far-East Trading and Industrial Company, an importer of cryptocurrency mining equipment, is being examined by law enforcement officials in Russia.

Iranian Police Seize 117 Crypto Mining Machines

Iranian provincial police have captured a person sneaking in cryptocurrency mining machines.

Chinese Police Bust Mining Operation Following Surge in Electricity Usage

Eastern China police busted a bitcoin mining operation after an unusual increase in local electricity usage.
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