Tag: Mining
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 to…
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 on…
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 process.…
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 to…
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 threat…
