Search Results for "illegal bitcoin mining operations"
Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.
Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations
Authorities in Sichuan, China has been reportedly pressuring Bitcoin miners to scale down their operations due to electricity shortages. During the dry season, extending from October to April, the electricity supply drops in the province.
NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court
The NSA’s controversial phone data collection program first brought to light by former NSA agent Edward Snowden has been called illegal by a US Federal Court.
Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History
The latest Bitcoin mining difficulty adjustment has experienced a major decline of 16%, representing the largest drop since late 2012.
Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves
Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.
Microsoft Patents Cutting Edge Human-Powered Crypto Mining System
Microsoft has filed for a patent for a cryptocurrency mining system that will leverage the data collected from people as they interact with advertising or exercise.
North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance
US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.
Co-Founder Jihan Wu Resigns from Crypto Mining Giant Bitmain
Jihan Wu, the co-founder of Bitmain, has announced that he is stepping down as the chairman of the company in light of internal power struggles.
Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities
The Central Bank of Nigeria (CBN) has once again doubled down on its efforts to ban cryptocurrency transactions stating they are a breeding ground for illegal activities.
World's Second Largest Bitcoin Mining Company Raises $90M in US IPO
The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi
Burundi has banned Bitcoin and every other form of digital trading from its soil because it can no longer offer protection to persons with problems related to it.
Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan
Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.