Tag: cryptocurrency mining
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Crypto-Mining Malware May Have Affected Supercomputers
Several supercomputers in European nations have been shut down following reports that they’ve been infected with cryptocurrency mining malware. Thus far, devices in countries such…
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China Controls Much of the World’s BTC Mining Power
It’s clear why China has suddenly become so “kind” and open-minded towards bitcoin mining… It now controls approximately two-thirds of the world’s bitcoin and crypto…
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Cryptocurrency Mining Report Provides Financial Damage Figure
The environmental effects of cryptocurrency mining on our planet are allegedly more costly than we might have thought, according to a new report. Cryptocurrency Mining…
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Mining Moratorium in Plattsburgh New York Results in Missed Opportunities for the City
Miners in the New York city of Plattsburgh in the U.S. are requesting that the cryptocurrency mining moratorium be lifted after less than a year…
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Paraguay to Capitalize on its Renewable Energy Through a Collaboration with Blockchain-based Platform
The South American country of Paraguay will be partnering with blockchain-based Commons Foundation to develop Golden Goose – an ambitious project involving crypto mining and a…
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Bitmain Sued For Allegedly Mining on Customers’ Devices Without Their Knowledge
In a David and Goliath-type case, crypto mining giant Bitmain is being sued by Gor Gevorkyan, a miner in the U.S. state of North Carolina. Gevorkyan alleges…
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Mining Giant Bitmain Expands to the U.S. State of Washington
The state of Washington in the U.S. appears to be one divided. Some counties have voiced their concern at crypto miners operating in some cities,…
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Cryptocurrency Miners in this U.S. County Could Soon be Facing Higher Electricity Bills
A county in the U.S. state of Washington is seeking to impose higher electricity rates for cryptocurrency miners. Cryptocurrency mining is a touchy subject, especially…
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Bitmain Co-Founder Jihan Wu Stripped of Executive Authority in Possible IPO-Related Shakeup
In a development that has surprised many in the crypto community, Bitmain co-founder Jihan Wu has reportedly been stripped of executive authority and is no…
