Tag: Bitcoin Mining
Russian Bitcoin Mining Criminal Faces up to Five Years in Prison
A Russian hacker who used government-owned servers for illicit Bitcoin mining is facing up to five years in jail for his actions. One thing you…
Church in Russia Fined One Million Rubles for Bitcoin Mining
An evangelical church in Russia has been fined one million rubles ($15,000) after consuming large amounts of electricity to mine Bitcoin. Mining Bitcoin A report…
Bitcoin Mining: Is There Still Money to Be Made?
It’s no secret that Bitcoin mining isn’t nearly as profitable as it once was. With that being said, does it make sense to spend money…
Man Sentenced to 3.5 Years for Stealing Train Network’s Electricity to Mine Bitcoin
A man has been sentenced to three and a half years in prison after pleading guilty to stealing electricity from a train network to fuel…
Clean Energy Can Turn Bitcoin Mining Into an Eco-friendly Business
The concept of mining Bitcoin is subject to a lot of scrutiny. High electricity usage has both utility providers and governments concerned. The quest for…
CVE-2018-17144: The Aftermath of a Catastrophic Bitcoin Bug
Last Monday, a bug was discovered in the Bitcoin Core software that would allow a miner to take down large parts of the network and…
Canadian City on the Verge of Cutting Off Power to Bitcoin Mining Farm
Concerns over the growing consumption of electricity from a Bitcoin mining farm might cause the city to cut off power supply to the venue, despite…
Stakeholders Clamor for Diversified Cryptocurrency Industry in Iceland
Following the 2018 decline in the prices of Bitcoin and other cryptocurrencies, stakeholders in Iceland believe more resources should be employed in other aspects of…
Mega Wind-Powered Bitcoin Mining Operation Being Built in Morocco
Bitcoin mining continues to attract a lot of attention. This industry requires access to affordable energy to become profitable. In Morocco, a new wind farm…
