600 Stolen Bitcoin Miners From Icelandic Heist Suspected To Be In China

By | May 7, 2018

600 Stolen Bitcoin Miners From Icelandic Heist Suspected To Be In China The missing machines from an unsolved Bitcoin (BTC) mining hardware theft in Iceland earlier this year may be in China, Icelandic media outlet RUV reported May 5. Icelandic police are reported to have now issued an enquiry to Chinese authorities, after news broke in late April… Read More »

War On Miners? Maybe Not On This $2 Billion Blockchain

By | April 24, 2018

War On Miners? Maybe Not On This $2 Billion Blockchain One of the world’s largest cryptocurrencies could soon put out a welcome mat for more controversial miners – that is, if one of its core developers has his way. Indeed, amidst what has been broadly called a “war on miners,” with cryptocurrencies including ethereum, monero and siacoin taking aggressive… Read More »

Bitmain With New Antminer B3 Bytom (BTM) ASIC Miners

By | April 24, 2018

Bitmain With New Antminer B3 Bytom (BTM) ASIC Miners 24 Apr2018 It seems that Bitmain is not over with new releases of ASIC miners, this time however the release may be only for the Asian market in the form of the new Antminer B3 ASIC miner for Bytom (BTM). The new Bitmain Antminer B3 is supposed to offer… Read More »

Innosilicon With New D9 DecredMaster and S11 SiaMaster ASIC Miners

By | April 18, 2018

Innosilicon With New D9 DecredMaster and S11 SiaMaster ASIC Miners 18 Apr2018 Innosilicon just came up with two new ASIC miners, one is for Decred (DCR) and the other one is for SiaCoin (SC) joining in with other ASIC manufacturers that have already announced miners for these coins. The Innosilicon D9 DecredMaster ASIC miner is apparently capable of… Read More »

Samsung Implents Blockchain and Produces Bitcoin Miners, Focuses on Crypto

By | April 16, 2018

Samsung Implents Blockchain and Produces Bitcoin Miners, Focuses on Crypto Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The Impact of… Read More »

Crypto Farm With 6000 Miners Shut Down In Russia For Overdue Electricity Bill

By | April 12, 2018

Crypto Farm With 6000 Miners Shut Down In Russia For Overdue Electricity Bill Russia’s Ministry of Internal Affairs (MIA) officers have arrested two men that were allegedly involved in a cryptocurrency mining operation in Orenburg city for not paying for several million kilowatt-hours of electricity. The farm hosted more than 6,000 mining devices, as reported by local media… Read More »

Russia cracks down on miners

By | April 11, 2018

Russia cracks down on miners Russian law enforcement arrested businessmen for illegal electricity consumption at an abandoned factory in a city of Russian Urals, while the customs service in Siberia notices increasing number of attempts to import undeclared ASICs from China. Russian policemen and soldiers of Rosgvardia detained two men in Orenburg near the border with Kazakhstan suspected… Read More »

Monero Hard Fork Appears Successful As Devs Shun Bitmain’s ASIC Miners

By | April 6, 2018

Monero Hard Fork Appears Successful As Devs Shun Bitmain’s ASIC Miners Users of anonymity-focused altcoin Monero (XMR) continue to wait with baited breath after the cryptocurrency hard forked Friday, April 6. In an attempt to protect the cryptocurrency against ASIC miners, the altcoin’s developers successfully completed the transfer to version 7 of Monero, creator Riccardo Spagni confirming the… Read More »

County Authorities In Rural Washington Catch Unauthorized Cryptocurrency Miners

By | April 4, 2018

County Authorities In Rural Washington Catch Unauthorized Cryptocurrency Miners Chelan Public Utility District (PUD) commissioners ordered staff to enforce the moratorium on cryptocurrency mining following the discovery of unauthorized mining activities, Chelan PUD reported Monday, April 2. The enforcement measures, which include fines and penalties, disconnecting service, “reporting unauthorized loads to law enforcement as power theft”, and “firing… Read More »

Bitmain Releases Ethash ASIC Miners

By | April 3, 2018

Bitmain Releases Ethash ASIC Miners Chinese tech giant Bitmain announced that they are releasing an Ethash ASIC miner, according to a tweet April 3. In the tweet, Bitmain says that the Antminer E3 is the “world’s most powerful and efficient EtHash ASIC miner.” The units will retail for $800 each and according to the tweet, are not available… Read More »