Illicit crypto-mining farms found connected to the electricity grid in Dagestan; damage estimated at 2.5 million rubles
Law enforcement authorities discovered mining farms illegally connected to the electricity grid in Dagestan.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Illicit crypto-mining farms found connected to the electricity grid in Dagestan; damage estimated at 2.5 million rubles
Law enforcement authorities discovered mining farms illegally connected to the electricity grid in Dagestan.
Marathon to lift hash rate by more than 600% after a record purchase of miners from Bitmain
American mining company Marathon Digital Holdings has signed a contract with Bitmain to buy a 'record number' of Bitcoin miners Antminer S19XP.
Property-management firm mined cryptocurrency at residents’ expense in Odintsovo
In Odintsovo, near Moscow, employees of a management company installed ASIC miners in an apartment building and mined cryptocurrency at residents' expense.
Dagestan launches crackdown on illegally connected cryptocurrency miners
Dagestan Prime Minister Abdulpatakh Amirkhanov held a meeting to discuss countering illegal electricity consumption for cryptocurrency mining.
Bitcoin miners prompt Russian regions to set electricity tariffs themselves
Russian regions have gained the right to set electricity tariffs for households based on consumption.
Mining Farm Discovered at Smolensk State University of Sport
Unknown individuals were mining cryptocurrencies on the campus of Smolensk State University of Sport.
Media: 20% of Bitcoin mining capacity remains in China
After the mining ban in China, local Bitcoin miners still generate up to 20% of the network's total hashrate. CNBC reports, citing experts.
Stronghold raises $54 million and buys 9,080 Bitcoin miners
The American mining company Stronghold Digital Mining entered into four separate agreements to purchase 9,080 ASIC miners for Bitcoin mining, manufactured by Bitmain and MicroBT.
Mining equipment stolen in Irkutsk region through roof hole
Police in the Shelekhovsky District of Irkutsk Oblast uncovered a series of cryptocurrency mining equipment thefts.
Court sentences former Saratov police officer caught mining
A court in Saratov found a former traffic police officer, who was mining at his workplace, guilty of exceeding official powers.
72 Bitcoin miners worth $60,000 destroyed in a fire in Thailand
In early December, a Bitcoin mining farm in Chiang Mai province, Thailand, consisting of 72 ASIC miners, burned down.
China bars video platforms from posting videos about cryptocurrencies and mining
The China Netcasting Services Association (CNSA) banned its members from posting content promoting the trading of cryptocurrencies and mining. The restrictions primarily affect short-video services such as Douyin (the Chinese equivalent of TikTok).We use cookies to improve the quality of our service.
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