Almost 1000 Bitcoin mining units have been seized during the operation aimed at the prevention of illegal mining. The equipment was located in the territory of two close companies and was powered by the subsidized energy of the state.
Northern Bitcoin has reported the power increase of Bitcoin mining; The company is going to become the leader of the industry.
The experts of ESET have revealed an error in the code of Android OS, which enables the malware to get hold of users’ two-factor authentication codes.
The experts of the source Medium reports that more than 70% of all mining pools are concentrated in the USA and China. Low prices for electricity and not harsh regulation on the part of the authorities make the mining in the regions profitable.
The company Bitmain has filed a lawsuit against three former employees who didn’t comply with a non-competition agreement.
A citizen of Qiqihar region of Heilongjiang province of China had been stealing the electric power for Bitcoin mining, having hooked up to the oil platform under the water.
Major insurance companies consider the insuring of mining equipment a risky business and refuse the service.
The deputy energy minister of Iran Homayoun Haeri has said that miners should pay their electricity bills at full price.
A cryptojacking malware targeting Monero is spreading extremely fast, according to the warning of Trend Micro.
The Chinese legislation forces miners to leave the country in search of a place to run a business freely. The largest miner in the People’s Republic of China Squire Mining SQRMF is going to place more than 41,000 ASIC miners in the USA.
The website faking the trading floor Cryptohopper has appeared on the web. It transmits viruses which take over a clipboard, mine digital currency and obtain personal data of a user.
In order to cancel the illegal transactions of a miner who poached some of the coins, the mining pools BTC.com and BTC.top has executed a joint 51% attack and changed the blockchain.
The citizen of Dagestan has stolen the electric power for the sum more than 4,5 million rubles, having connected illegally to the power source. The Ministry of Internal Affairs of the Russian Federation reported the prosecution of the man.
The swindler from the Netherland has lured $2.2 million from 100 people in order to purchase computer equipment for BTC mining. As a result, the items have not been bought and a few investors, not waiting for an income, filed a lawsuit.
Australian government employee has been charged after he was caught mining cryptocurrency at work. The charges – unauthorized modification of data to cause impairment and unauthorized modification of restricted data – carry a maximum penalty of 10 years imprisonment and two years imprisonment, respectively.
The experts of the company Reportlinker claim that the mining industry is recovering which will have a positive impact on the vendors of mining equipment.
The power regulator of the Canadian province of Quebec has developed new mining regulations. The rules mean the additional volume of the electric power for mining and toughening of the requirements for the mining companies working in the region.
The famous vendor of mining hardware the company Bitmain has released Antminer T17 intended for Bitcoin and Bitcoin Cash mining.
The president of the Republic of Belarus Alexander Lukashenko is going to build a mining pool for commercial purposes. It was mentioned in the Park of high technologies during the meeting with the representatives of the cryptoindustry.
Andreas Antonopoulos, an author of Mastering Bitcoin and a Bitcoin proponent, is sure that the mining revenue does not depend on Bitcoin’s price since when some miners leave the market, those who remain can earn more.
The document which actually prohibits cryptomining in the country has been submitted by the national development and reform commission (NDRC). It is said that the financing of the industry should be reduced since it is power-intensive and pollutes the environment; the electricity prices for mining companies could be raised by the electricity providers.
Bitmain, a famous vendor of mining devices, has published the specifications of ASIC miners of the Antminer 17 series, products will come to the markets on April 9.
The famous vendor of the mining equipment Canaan Creative announced the new model entitled AvalonMiner A10 which in their view would allow users to outrun the competitors.
VKontakte has started the service for mining of the cryptocurrency VK Coin.
The famous vendor of the mining equipment uses the "wet season" in China when the prices for electricity, developed on hydroelectric power stations, have the lowest rates and is going to start 200,000 more mining units at the end of the summer.
The hashrate of BTC has reached the pick of the last 4 months, which is a good indicator. Therefore, the miners believe in the perspectives of BTC and the cryptomarket in general.
Bitmain has released Antminer Z11 for mining of the confidential digital currency Zcash by the company. The vendor reports in the press release that the device has 3 times more hash power than the previous model Antminer Z9. The main purpose of the equipment is mining of the digital assets created on the basis of the algorithm Equihash.
The bear market trend and high energy costs force miners to look for cheaper power sources so as solar energy.
The mining pool Sparkpool has returned 1050 ETH to the sender of the transaction with the biggest fee ever.
According to the research of Tech conglomerate Cisco, the campuses go right after energy and utility companies in terms of the scope of mining.