Kazakhstan Crackdown Forces 106 More Crypto Mines to Close
Notable political and business figures were said to be behind some of the mines, including the brother of former President Nursultan Nazarbayev. Original Source
Read MoreNotable political and business figures were said to be behind some of the mines, including the brother of former President Nursultan Nazarbayev. Original Source
Read MoreThe Central Asian country has struggled to meet electricity demand, particularly after miners flocked there from China. Original Source
Read MoreChina’s National Development and Reform Commission (NDRC), said on Tuesday that in the next stage of its crypto mining crackdown it will consider “punitive electricity prices” for some crypto mines.The country’s top economic planning body might implement this measure for companies that mine crypto, but only pay residential electricity prices,
Read MoreCryptocurrency mining firm Argo Blockchain has just released its Q3 financial report detailing record setting revenues for the period.The London headquartered company reported that it had mined 597 BTC and “BTC equivalents” during the third quarter of 2021. At current prices, Argo’s Bitcoin haul would be worth roughly $36.5 million.As
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Read MoreDeveloper 1st Playable has denied rumors one of their games was used to hijack Nintendo’s Switch console to mine Bitcoin and other cryptocurrencies.While the recent Nintendo release, Cooking Mama: Cookstar, is connected to blockchain technology — it’s not in the way some players have speculated. Addressing the rumors on Twitter,
Read MoreUtilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for
Read MoreTwo threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden.On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they found new Linux malware. According to the analysts, this malware is particularly
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