Mining

Looking Into Western China’s Illegal Mining Camps

Some illegal mining camps have been constructed in Western China.

Hackers Breach Over 50,000 Servers to Mine Crypto Using Sophisticated Tools

Hackers have breached more than 50,000 servers across the world to mine digital currencies employing uncommonly sophisticated tools.

Chinese Authorities Investigate Illegal Bitcoin Mining Farms at Hydro Plants

Chinese authorities are reportedly probing into illegal Bitcoin mining farms built at hydropower stations.

Australian Gov’t Worker Caught Using Office Equipment to Mine Crypto

Authorities say the contractor made AU$9,000 (around $6,200) from his illicit mining operation.

Firefox Browser’s New Update Includes Option to Block Crypto Mining Scripts

Mozilla has rolled out an update for its Firefox browser that supports a feature to block cryptocurrency mining scripts on websites.

Dutch Man Arrested for Bitcoin Mining Fraud Worth Over $2.2M

A bitcoin mining fraud worth more than €2 million ($2.2 million) has led to the arrest of a 33-year-old man in the Netherlands.

Honeyminer Desktop Mining App Now Available on MacOS

The decision to expand the app’s functionality to cover Mac users was predicated by user demand.

Fundamental Labs is Investing $44M in New Bitcoin Miners

Fundamental Labs will invest $44 million in top-of-the-line Bitcoin miners.

Argo Blockchain Adds 1,000 Bitmain Z11 Miners, Expects to Break Even in Q2

New batch of 1,000 Bitmain Z11 miners was brought to production last week and directors anticipate margins to increase as an effect.

Bitmain’s Bitcoin Mining Power Dropped by 88 Percent in the Last Month

As big as the latest drop in hash rate is, it doesn’t mean Bitmain has turned off all of the mining equipment it operates.

Ethereum Hits Funding Target for ProgPoW Audit

ProgPoW expected to level the playing field for ASIC and GPU miners alike.

Bitfury, Final Frontier Introduce Regulated Bitcoin Mining Fund

Bitfury and Final Frontier have partnered to launch a regulated bitcoin mining fund.

Bitcoin Mining Could Go Nuclear in Belarus

The president of Belarus promises full government support for the local fintech industry.

Canadian Province Offers Lower Energy Rates to Attract Bitcoin Miners

Bitcoin miners are increasingly migrating to other territories that offer an abundant supply of hydroelectric energy, including British Columbia, Quebec, Manitoba, Alberta, and Labrador.

Iran-Based Chinese Crypto Miners Suffer Despite Cheap Power

Chinese crypto miners are suffering in Iran despite low-cost electricity.
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