Apple Blocks Crypto Mining Apps On Its Products

By | June 12, 2018

Apple Blocks Crypto Mining Apps On Its Products Apple has moved to put a stop to any crypto-mining apps that might be used on its mobile products. In a recent update, the personal computing company expanded its initial guidelines on cryptocurrencies. Before, the guidelines specified apps facilitating cryptocurrency exchange and/or initial coin offerings (ICOs) must comply with all applicable state… Read More »

Russian Government Website Was Affected by a Malicious Cryptocurrency Mining Script

By | June 12, 2018

Russian Government Website Was Affected by a Malicious Cryptocurrency Mining Script There have been a lot of incidents involving cryptocurrency mining. This has become especially apparent where malicious mining scripts on various websites are concerned. It seems one official website in Russia has fallen victim to a malicious mining attack which ran for ten full days. Another Cryptocurrency… Read More »

Crypto Mining Firm Argo Set to Become London Stock Exchange’s First Blockchain Listing

By | June 12, 2018

Crypto Mining Firm Argo Set to Become London Stock Exchange’s First Blockchain Listing Cryptocurrency mining outfit Argo Blockchain will likely become the first blockchain company to list on the London Stock Exchange (LSE), Business Insider reported June 11. After launching its subscription service for mining contracts the same day, the company says it plans to hold an IPO,… Read More »

Apple Prohibits App-Based Cryptocurrency Mining

By | June 11, 2018

Apple Prohibits App-Based Cryptocurrency Mining At least mining software won’t be responsible for draining your iPhone’s battery. Apple has revised its standards for developers regarding cryptocurrency mining, according to a report by AppleInsider. The company has updated two separate sections of its App Store Review Guidelines. Source Section 2.4.2 of Hardware Compatibility now states, “Design your app to… Read More »

Quebec Halts Crypto Mining Approvals Pending New Restrictions

By | June 8, 2018

Quebec Halts Crypto Mining Approvals Pending New Restrictions Quebec has issued a moratorium on new cryptocurrency mining operations in a bid to give officials time to develop new restrictions and potentially increase energy costs, Reuters reported Thursday. The Canadian province long known for its cheap hydroelectric power has formally stopped approving new projects in order to create new rules around… Read More »

Quebec Halts Crypto Mining Electricity Requests Amid Huge Demand, Forms New Framework

By | June 7, 2018

Quebec Halts Crypto Mining Electricity Requests Amid Huge Demand, Forms New Framework Major Canadian electricity provider Hydro-Québec will temporarily stop processing requests from cryptocurrency miners in order for the company to fulfil its obligations to supply energy to the entire province, according to a press release published June 7. Hydro-Québec is experiencing “unprecedented” demand from blockchain companies, which… Read More »

Coinmint Expects New York Crypto Mining Facility To Be World's Largest

By | June 7, 2018

Coinmint Expects New York Crypto Mining Facility To Be World's Largest Cryptocurrency mining company Coinmint has announced its New York data center project, which it hopes to have the largest capacity for digital currency mining in the world. Coinmint signed a lease for the 1300 acre Alcoa site in Massena, New York, which has a 435-megawatt power capacity,… Read More »

Mining Giant Bitmain’s CEO Wu ‘Open’ to Hong Kong IPO, Report Says

By | June 7, 2018

Mining Giant Bitmain’s CEO Wu ‘Open’ to Hong Kong IPO, Report Says The CEO of crypto mining hardware giant Bitmain, Jihan Wu, has confirmed he is “open” to conducting an overseas initial public offering (IPO), Bloomberg reports today, June 7. Speaking in an interview in Hong Kong, Wu, who claims to own up to 28 percent of China-headquartered… Read More »

Former US Alcoa aluminum plant to be reconstructed into largest mining center

By | June 7, 2018

Former US Alcoa aluminum plant to be reconstructed into largest mining center Despite bitcoin and altcoins fell in price in 2018, Coinmint invests hundred millions of dollars in the reconstruction of the former aluminum plant in the New York State. The plant in Massen in the state of New York, spread over 5.2 thousand hectares, will turn into… Read More »

Operation Prowli Malware Infects Over 40,000 Machines, Which Were Used for Crypto Mining

By | June 6, 2018

Operation Prowli Malware Infects Over 40,000 Machines, Which Were Used for Crypto Mining The GuardiCore security team has discovered a malicious traffic manipulation and cryptocurrency mining campaign, according to an announcement published June 6. The campaign infected over 40,000 machines across various industries, including finance, education, and government. The campaign called Operation Prowli used various techniques like exploits… Read More »