Category: Mining
CryptoCurrency Mining
China Will Maintain a Strong Level of Pressure on Crypto, a Spokesman Warns
The People’s Bank of China warned the public to be aware of the hazards associated with cryptocurrency investments and to refrain from doing so. According…
Iran Makes a Promising Announcement for Bitcoin Mining Sector in Country
The Iranian Government has just gone ahead and shared promising news with the entire crypto-community in the country. According to the Iranian Government, the cryptocurrency…
Illegal Crypto Mining Facilities Raided in Spain
Local Police in Toledo, Spain raided a premise where illegal crypto mining activities were going on. After arresting the operators of the mining facility, the…
Chinese Gaming Company ‘The9’ Seeking Partner for Establishing Crypto Mining-Aimed Plant in Kazakhstan
A Chinese gaming company, The9, has proposed to build and run a crypto mining plant, with the capacity of 200 MW, in the landlocked country,…
Attackers Use Kubernetes Clusters for Mining Monero
The cryptocurrency space is a relatively new industry and is growing rapidly, which means it has to deal with its fair share of problems. One…
Microsoft Sheds Light on Monero-Mining Hardware
On Thursday, the Microsoft 365 Defender Threat Intelligence Team provided a detailed look at the malware named LemonDuck and LemonCat that’s used for mining the…
Greenidge Generation is planning to expand its Mining Business
As per the latest reports, Greenidge Generation has made a new announcement in regards to its operations. The company has announced that it is planning…
New Energy Fees Will Be Introduced by Kazakhstan for Cryptocurrency miners in 2022
As China continues to push out all the cryptocurrency mining companies and operators from its premises, these companies have started relocating. They are now looking…
Cars Mining Cryptocurrencies? Meet Daymak Spiritus
Seems like modern technological advancements are all about making fantasies come true. Humans talking to machines would have sounded like a figment of the mind…
BTC Miners In China Have Relocated To Kazakhstan Following The Crackdown By Authorities
Due to the immense amount of pressure from the Chinese government, Chinese Bitcoin mining companies are being forced to move to locations where crypto mining…
Bitfarms Adds More than 1,000 Mined BTC to Its Treasury
Bitfarms stated that it would add all fresh mined BTC to its network since starting its BTC Inventory early this year. By June 9, 2021,…
New York Bitcoin Mining Ban Revised to Allow only Green Projects
Senators from New York have made adjustments to a proposed ban that would all stop crypto mining for at least three years in the city….
Iran’s Energy Crisis True or Crypto Mining Has Been Made Scapegoat
Iranian miners have been questioning the non-favorable actions and initiatives of the Government against the crypto industry. Raising claims that the Government has banned crypto…
Iran Using Crypto Mining to Avoid US Sanctions
A new study has discovered that Iran earns hundreds of millions of dollars in the form of cryptocurrencies via Bitcoin mining, which can be used…
Chinese Okex and Huobi Partly Complying with China’s Bitcoin Mining Ban
Chinese watchdog of financials informs the Government that the country’s biggest crypto trading platforms, such as OKEx and Huobi, are not fully complying with the…
Mining Firm Digihost Says Its BTC Mining Operations Resulted In Nearly Zero Carbon Emissions
Bitcoin Mining firm Digihost Technology revealed interesting details about its mining operations that show that 90% of the energy used by mining came from sources…
Iranian Government to Impose Fines upon Crypto Miners for Illegally Utilizing Domestic Electricity
Iranian Government plans to impose hefty fines upon crypto miners as the miners are illegally utilizing the electricity which was meant to be consumed by…
Polygon Collaborates With Aave Protocol To Roll Out Liquidity Mining Program
Polygon and DeFi Protocol Aave have partnered in order to introduce a huge $40 Million Liquidity mining project. Polygon is responsible for building a network-to-network…
Net Position Change Of BTC Miners Has Turned Positive: Is It A Good Sign?
The world’s largest cryptocurrency has experienced a great deal of volatility over the past couple of months. Thankfully though, April seems to be much kinder…
Filecoin’s Price Shot Up By 530% In The Past Month: Why?
The price of Filecoin has been skyrocketing and has gone up over a value of 530% in just the past month. The real reason why…
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