Tag: Mining

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Bitcoin Mining Operators Hit with Substantial Electricity Rate Increases

One county in Washington state is raising the electricity costs for Bitcoin mining substantially over the next three years. It's going to get a great...

Largest Crypto Mining Facility in Russia Repurposes Defunct Fertilizer Laboratory

One former fertilizer lab in Russia is being reopened as a cryptocurrency farm. It is considered to be the region's largest crypto mining operation...

Crypto Mining Decline Deals Blow to Nvidia Bottom Line

Due to the ongoing decline in cryptocurrency mining, Nvidia Corp. shares dropped 5% on Friday to close the day at $244.82, down from $257.44...

As Economy Sputters, Hackers in Iran Ramp up Ransomware Attacks

Hackers in Iran, potentially government-backed, are turning to ransomware and Bitcoin as the country's economy falters due to sanctions. Ransomware is a scourge that affects...

Hong Kong Cryptocurrency Mining Company Founder Disappears with $2.5 Million

Another cryptocurrency mining scam has popped up as the founder of a Hong Kong-based company disappears with $2.5 million. With the coming of another week,...

Bitcoin Mining TV Announced by Canaan

People will soon enjoy Bitcoin mining from the comfort of their couch as Canaan announces a mining-enabled TV. Cryptocurrency mining has changed a bit over...

Cryptocurrency Mining CEO Steals $35 Million

Le Minh Tam, the CEO of cryptocurrency mining company Sky Mining, has fled Vietnam with $35 million in stolen assets. There are a lot of...

Honeyminer Makes Cryptocurrency Mining Accessible to Everyone With a GPU

Mining cryptocurrency has always been an appealing venture. Most people do not have access to dedicated mining hardware, which limits their involvement in this...

Hydro-Quebec Can Charge Bitcoin Miners Twice the Regular Electricity Price

Cryptocurrency mining is an attractive business model in Canada. Access to cheap electricity is abundant. Hydro-Quebec has now received permission to charge higher rates...

Cryptocurrency Mining Screensaver Helps Raise Funds for Charities

Cryptocurrency mining has a very negative reputation these days. Electricity usage concerns have been highlighted by numerous studies. There is also the emerging cryptojacking...

League of Legends Infected with Cryptocurrency Malware

Even the mighty League of Legends online game can't escape cryptojacking as an illicit cryptocurrency mining script was found on their Philippines server. League of...

Google Co-Founder Mines Ethereum with His Son, Says Firm Has Been Slow to Pick Up Tech

The co-founder of Google has said that he has been getting involved in the crypto space by mining Ethereum, and he's doing it with...