Mining crypto

Nvidia GPU Chips Used For Crypto Mining Hurt Demand

Chip designer and computer company Nvidia Corp beat expectations for third-quarter revenue on Wednesday, on strong demand in its data center business due to growing cloud adoption. Nvidia’s GPU chips have been popular for cryptocurrency mining, but a crypto market rout is also hurting demand. CEO Huang said that in the future, he does not […]

Mining crypto

New KmsdBot malware hacking systems to mine crypto and launch DDoS attacks

Recently discovered evasive malware exploits the Secure Shell (SSH) cryptographic protocol to penetrate targeted systems with the aim of mining cryptocurrency and carrying out Distributed Denial of Service (DDoS) attacks. Double KmsdBotName by the Akamai Security Intelligence Response Team (SIRT), the Golang-based malware was found targeting a variety of companies ranging from gaming to luxury […]

Mining crypto

Everything you need to know about mining crypto on a smartphone

By CNBCTV18.com October 31, 2022, 6:30 PM IST (Released) mini you have two ways to do crypto mining on smartphone. The first is solo mining, where you are on your own, battling other miners with the computing power of your smartphone. The second is pool mining. Here, you pool your compute resources with others, increasing […]

Mining crypto

123Miners Reveals Frequently Asked Questions About Bitcoin Crypto Mining in Google

123MINORS Bitcoin Energy Consumption AMSTERDAM, NORTH HOLLAND, NETHERLANDS, Oct. 28, 2022 /EINPresswire.com/ — Bitcoin mining has sparked growing interest among blockchain enthusiasts, and it’s no wonder — this fascinating technology and ways to earn digital assets like Bitcoin, (before the Ethereum merger), Kadena and Siacoina are indeed a very enticing combination. However, to understand the […]

Mining crypto

Dogeliens, Polkadot, and Decentraland: Crypto Projects With Massive Rewards

Based on its successful pre-sale and promising future as a utility coin, Dogeliens, the newest meme coin, is poised for skyrocketing growth after its launch. Binance Smart Chain (BSC) is the platform upon which the newborn king of all decentralized financial transactions was built. Dogeliens (DOGET) is an open source peer-to-peer platform where users can […]

Mining crypto

Elizabeth Warren requests data on Texas Crypto Mining

Key points to remember Elizabeth Warren and other Democrats have demanded information about the impact of Bitcoin and other cryptocurrency mining on the state’s power grid. A letter from Warren requests information on carbon emissions, subsidies and power grid stability. The letter is addressed to the Electric Reliability Council of Texas (ERCOT), which manages the […]

Mining crypto

Crypto Investor Newsletter: Greener Mining, Lebanon’s Mountain Mining and Texas and Vermont Block Celsius

Fun Fact: More than 2,500 crypto-related complaints have been filed with the Consumer Financial Protection Bureau in the past two years, after a presidential order tasked the agency with performing enforcement duties “against unfair, deceptive or abusive practices” in the crypto industry. wonder if this will spur greater scrutiny – or regulation – of the […]

Mining crypto

What is the Bitcoin Halving event and why does it affect crypto prices?

Every four years, the cryptocurrency experiences a market bubble driven by the Bitcoin “halving” event. But, what is this event, and why is it important? People who invest (and speculate in) cryptocurrencies all base their investment strategy on one event – the Bitcoin Half cycle (sometimes lightly called “The HalvingBitcoin uses a Proof-of-Work (PoW) cryptocurrency […]

Mining crypto

Some important things you need to keep in mind while mining Crypto

Crypto mining can help you generate huge profits. Miners are incentivized to do all the work on the blockchain, such as releasing new coins and verifying transactions. Bitcoin mining is not a suitable choice for everyone as it is a complex process and comes at a cost. In this article, we are going to discuss […]

Mining crypto

Ethereum Merger Hasn’t Boosted Crypto Stocks Yet

The recently completed Ethereum merger – one of the most anticipated cryptocurrency events in recent memory – is yet to light the fire under crypto-correlated stocks, but there is lingering hope that the merger will have medium to long-term positive implications for crypto stocks. If this scenario materializes, it could trigger a rise in exchange-traded […]

Mining crypto

US regulators are coming for crypto. What will the future look like?

Key points to remember Several Recently Proposed Bills and Ongoing Enforcement Cases Could Define the Future of the US Crypto Industry If the SEC and CFTC win their ongoing crypto lawsuits, they could set a terrible precedent for decentralized finance and the industry in general. However, if the regulatory agencies lose, the crypto could experience […]

Mining crypto

Bitcoin and Ethereum Relief Rally Called Off as Crypto Markets Fall

Hopes for a sustained rally in crypto markets were dashed on Wednesday morning, when the more than 5% gains seen yesterday were all but wiped out, bringing the global market capitalization down to US$915 billion. Bitcoin’s US$20,000 support line did not hold, after contracting nearly 7% to US$18,800. Ethereum suffered similar losses as it dipped […]

Mining crypto

WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in the Fight Against Climate Change – Blockchain Bitcoin News

The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is made up of 30 companies, educational groups and other institutions, will study the energy consumption impact of these technologies and how they can be […]

Mining crypto

Crypto Trading and Mining Regulations Should Be in Same Bill, Says Top Russian Politician

Source: Brendan Church / Unsplash The chief architect of Russia’s long-awaited crypto legislation has insisted that regulations on crypto trading and new rules on governance of the crypto mining sector must be addressed in the same law Project. And the news could be good for Russian crypto miners – with card tax breaks. According to […]

Mining crypto

The Crypto Company Education, consulting subsidiary

Blockchain Training Alliance Adds New Training Courses to Service Offering Focused on Emerging Aspects of the Blockchain Category MALIBU, Calif., Sept. 21, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – The Crypto Company (OTCQB:CRCW) (“TCC” or the “Company”), a forerunner in the blockchain and crypto- currency providing the educational foundation for industry growth, today announced that […]

Mining crypto

Today in Crypto: Robinhood Adds USD Coins to Offerings

Robinhood Markets has added the USD Coin stablecoin to its retail-focused crypto offerings, according to a report from Seeking Alpha on Tuesday. Users will now be able to send and receive USDC, the second-largest stablecoin by market capitalization, on the Polygon and Ethereum networks. USDC will be the first stablecoin supported by Robinhood. Meanwhile, Icebreaker […]

Mining crypto

Good news: crypto-mining attacks are decreasing across Africa – IT News Africa

Image from www.pymnts.com. In the second quarter of 2022, Kaspersky solutions detected 40,788 new minor modifications. According to data from Kaspersky Security Network, in the African region, the number of home users affected by cryptominers in the second quarter of 2022 decreased slightly compared to the previous quarter. However, the possibility of an increase in […]

Mining crypto

Government Set to Bring Crypto Under Indirect Tax Regime

BENGALERU, NEW DELHI : The government has started working on a comprehensive indirect tax regime for crypto assets that would check any loss of revenue to the Treasury due to ambiguity around the true nature of these assets. The Ministry of Finance plans to define the characteristics of cryptocurrencies, their use and their integration into […]

Mining crypto

Kahnawake will seek more energy for crypto mining

Breadcrumb Links Technology Local News Energy A company called Pow.re says it wouldn’t require the use of community funds. Author of the article: The Canadian Press Marcus Bankuti, The Eastern Gate “With zero investment and an opportunity here to create a new industry, or at least a new industry in Kahnawake, it’s exciting for revenue […]

Mining crypto

Today in Crypto: FTX Reportedly Intends to Raise Capital

A man suspected of laundering stolen money using malware allegedly linked to Electrum, a crypto wallet service, has been arrested in the Netherlands, Coindesk wrote on Wednesday (September 14). The man’s identity has not been released, although the report says he is 39 years old. He’s a suspect and his crypto has been seized. “Cryptocurrency, […]

Mining crypto

Best Bitcoin and Crypto Mining Platforms, Reviewed for 2022

Source: Adobe Stock Cryptocurrency mining is one of the most innovative and exciting ways to participate in the global crypto markets. However, to mine digital currencies efficiently and therefore profitably, you need the latest crypto mining hardware. Read on to discover the best bitcoin and crypto mining hardware you can buy to mine cryptocurrency today. […]

Mining crypto

The Ethereum blockchain is ready for a “monumental” overhaul | Crypto News

Cryptocurrency experts say the change, which is expected to take place between Tuesday and Thursday, will reduce power consumption by more than 99%. An army of computer programmers scattered across the globe are set to attempt one of the biggest software upgrades the crypto industry has ever seen this week to reduce its environmentally harmful […]

Mining crypto

Bankrupt Crypto Lender Celsius Accepts Examiner Review

(Reuters) – Crypto lender Celsius Network has accepted the U.S. Justice Department’s request for an independent reviewer to look into its bankruptcy finances and operations, after reaching an agreement that limited the proposed scope of the investigation. Celsius said in a filing in U.S. Bankruptcy Court in Manhattan on Thursday that it would […]

Mining crypto

Should You Stake Your Crypto? Here’s what the data says

Key points to remember Based on data from CoinMarketCap and Staking Rewards, most major proof-of-stake-based cryptocurrencies generate negative actual staking returns when factoring in their token issuance schedules. BNB currently generates the highest real stake returns of around 8.28%. With an inflation rate of 73.34% and a nominal return of 9.75%, NEAR offers real returns […]

Mining crypto

‘Sell All Your Bitcoin’ Now: Crypto Price Crash Warning Issued Ahead of Groundbreaking Ethereum Upgrade

Bitcoin BTC Ethereum and other major cryptocurrencies are stuck in a downtrend as the Federal Reserve’s battle to curb inflation drags on, although some believe that may be about to change. Subscribe Now to Forbes CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market Bitcoin price has once again fallen below […]

Mining crypto

Fake Google App Mining Crypto From Windows PC With Malware Since 2019 Detected

In a recently discovered major cybersecurity flaw, hackers have been using a fake Google Translate app since 2019 to infect thousands of Windows PCs with malware to illegally mine crypto without user permission. This cryptojacking malware was created by a Turkish company called Nitrokod. The malware mines cryptocurrency using the hosts graphics processing unit (GPU), […]

Mining crypto

Crypto Service Providers Based In Ethiopia Must Register With The Country’s Cybersecurity Agency – Regulation Bitcoin Planet

Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), according to a report. According to the agency, legal measures will be applied to crypto entities that do not comply with its call for registration. INSA responsible for developing operating methods […]

Mining crypto

A red flag for the future of Ethereum

Just as the Ethereum ecosystem was reaching its final stages in preparation for the highly anticipated upgrade, The Merge, German cloud provider Hetzner reiterated its stance against allowing mining operations both for proof of Stake (PoS) and Proof of Work (PoW). Hetzner, a private and centralized cloud provider, weighed in on a discussion about running […]

Mining crypto

Russian Caught Mining Crypto From Covid-19 Clinic – Mining Bitcoin News

An IT specialist working for a medical institution in Russia’s Altai Republic has been arrested for illegally mining cryptocurrency on the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for nearly a year before law enforcement blew up his crypto farm. Altai resident apprehended for running underground crypto mining operation […]

Mining crypto

Moneyweb Reader Embarrassed About Falling Into Crypto Scam

It all started with a contact on Facebook and the promise of making a fortune with bitcoin (BTC). Our reader, let’s call him Michael, admits to being embarrassed to fall into the trap of an obvious scam. The sales pitch looked like this: send $200 worth of bitcoins and we’ll turn it into $700 within […]

Mining crypto

Go in search of opportunities during the TC sessions: Crypto – TechCrunch

Cryptocurrency mining is no easy task, but neither is finding a co-founder savvy and resilient enough to withstand the volatile nature of the industry. Whether you’re looking for a co-founder or your next round of funding, TC Sessions: Crypto, taking place Nov. 17 in Miami, provides fertile ground for all your networking needs. Time sensitive […]

Mining crypto

Ukrainian government explains how it spent $54 million on crypto

The embattled Ukrainian government is spending $54 million on cryptocurrency donations for military and medical supplies, according to a senior minister. “With $54 million raised by @_AidForUkraine, we have provided our defenders with military equipment, armored clothing, medicine and even vehicles,” said Ukrainian Deputy Prime Minister and Ukrainian Minister of Digital Transformation Mykhailo Fedorov. said […]

Mining crypto

Top 5 projects behind Cronos, according to Crypto.com

Cronos has become one of the leading exchange-backed blockchain networks. The exchange has now chosen its top five protocols that rely on the network. Crypto.com chooses the 5 best protocols The Cronos channel, launched in November 2021, is rapidly gaining users and intense activity. It became the fifth largest chain of Ethereum virtual machines (EVMs) […]

Mining crypto

EU Creates New Regulator for Crypto Oversight

The European Union (EU) plans to create a sixth “Anti-Money Laundering Authority” which will be specifically tasked with regulating the cryptocurrency industry. While the Crypto Asset Markets Regulation and the controversial Funds Transfer Regulation have received the majority of the cryptocurrency industry’s attention, they are only a small part of a bigger picture. wide range […]

Mining crypto

Crypto Trading, Illegal Investment in Iran, Central Bank Governor Reiterates Bitcoin Regulation News

It is illegal to buy or sell cryptocurrencies in Iran, the head of the country’s monetary authority recently reminded citizens and businesses. The governor, however, noted that mining cryptocurrencies and using them for payment of imports is not against the law in the Islamic Republic. Top banker confirms crypto trading is still illegal in Iran […]

Mining crypto

Bitcoin and Ethereum are fundamentally different, says Ballet Crypto CEO

Ballet Crypto CEO Bobby Lee has added his voice to many in the company who say the pioneering PoW blockchain should not go the way of Ethereum. Bobby Lee, CEO of Ballet Crypto, a US-based crypto storage application provider, believes Bitcoin (BTC) is okay just where it is thanks to its consensus mechanism. Like most […]

Mining crypto

Viktar Prakapenya’s view on crypto regulation and why it is needed (sponsored content by Evelina Brown)

Image: Kanchanara at Unsplash.com Rules are essential in this world. Try to imagine living without laws or regulations. Each person would do what they wanted, and there would be consequences for their actions. Anarchy and disorder are oppressive because only a few will benefit from such a system. Although our ancestors lived without a governance […]

Mining crypto

With growing pressure from the crypto market, these top miners sold more Bitcoin than they mined

One of the largest Bitcoin BTC/USD minors, Core Scientific Inc CORZclaims to have produced nearly 1,221 Bitcoins in July and sold 1,975 Bitcoins to pay for growth expenses. The company accumulated $44 million and used this money for capital investment. It spent to increase its data center capacity and paid mining rig manufacturer Bitmain for […]

Mining crypto

Crypto-Spend Debit Card Rewards Return to Earth

Slowly, crypto-back rewards on Visa and Mastercard debit cards that allow you to spend your cryptocurrency holdings at checkout and point-of-sale are coming back to earth. Basically, they work like cashback programs, except instead of US dollars, you get a reward in bitcoin, ether, or a number of other smaller, lesser-known cryptocurrencies. Also, in many […]

Mining crypto

Crypto bear market will provide ‘great’ M&A opportunities: White Rock CEO

White Rock Management CEO Andy Long believes that bear markets “present excellent opportunities” for expansion via mergers and acquisitions in the crypto mining sector. Speaking to Cointelegraph, the crypto mining firm’s CEO noted that companies that have managed their balance sheets effectively are in “great shape” during this bear market and will continue to do […]

Mining crypto

Digitalatto Ltd UK launches its crypto “DGTL” on the market. Digitalatto launches DGTL coin in the crypto industry.

Summary: Digitalatto Ltd introduced its cryptocurrency, DGTL, on all major decentralized exchanges in the latest expansion. London, United Kingdom – In a recent development, UK-originated Digitalatto Ltd crypto platform has been listed on major decentralized exchanges like PancakeSwap, Dgtldex, DEXTools, Sushi, BurgerSwap, etc. among other top decentralized exchanges and has found countless traders and buyers. […]

Mining crypto

The SEC has charged 11 people in a $300 million global crypto scheme

New legislation, the Cut Inflation Act of 2022, contains $369 billion in climate and clean energy funding, proving that a name change can go a long way in getting what you want . This dollar amount is lower than what was on the table in various iterations of the Build Back Better Act, but it […]

Mining crypto

Crypto Market Cap Recovers $1 Trillion in Light of Ethereum Merge Updates

Ethereum is paving the way for double-digit gains for many major cryptos. A price surge across the majority of cryptocurrencies has seen the total crypto market cap rise above US$1 trillion. As is often the case, Bitcoin and Ethereum led the way. Bitcoin has formed a double top pattern, currently testing resistance at AUD 34,000 […]

Mining crypto

Crypto Rebound: Forget Bitcoin, Ethereum is the real deal

Cryptocurrency investors have arguably just had one of the smoothest weeks in several months now. Overall, prices stabilized. The market as a whole is back above $1 trillion. Admittedly, we are still very far from the 3000 billion dollars reached in November in full crypto mania, but it is much better than the thresholds of […]

Mining crypto

Explained: What is cryptojacking, cyberattacks carried out by crypto miners?

Cryptojacking attacks on computer systems rose 30% to 66.7 million in the first half of 2022 compared to the first half of last year, according to a report by SonicWall, a US-based cybersecurity firm. United. “While volume increases were widespread, some business sectors were hit harder than others, such as the financial sector, which saw […]

Mining crypto

‘Pig Butchering’ Crypto Investment Scams Caused ‘Massive Losses’ to Victims

Source: Adobe/agnormark An emerging and rather complex form of investment scam known as “pig butchering”, in which flirtatious strangers convince unsuspecting users to invest in crypto trading platforms who end up seizing funds when victims attempt to withdraw money, allegedly robbed victims of millions of dollars worth of crypto-assets. The term “hog slaughter” refers to […]

Mining crypto

Cryptocurrency: Tesla sold 75% of its crypto holdings amid plummeting value

Tesla splurged on a major Bitcoin investment last year, and with it, company chief Elon Musk has once again clearly demonstrated that he is a big supporter of cryptocurrency. However, it was revealed that the electric vehicle manufacturer had already sold a large part of its Bitcoin holdings. According to BBC News, Tesla offloaded 75% […]

Mining crypto

Bahraini Man To Learn Fate Next Month For Mining Crypto In University Server Room | THE DAILY TRIBUNE

TDT | manama The Daily Tribune – www.newsofbahrain.com A Bahrain IT expert facing law for allegedly misusing university-owned assets here to mine cryptocurrency will learn his whereabouts next month. A Bahrain Magistrate’s Court will deliver its verdict in this case on August 17, 2022. Investigators had said they arrested a man – a computer expert […]

Mining crypto

Don’t Dive Headfirst Into This Crypto Pool • The Register

The FBI has warned cryptocurrency owners and would-be owners of a scam involving bogus liquidity mining that the bureau says has cost victims more than $70 million in combined losses since 2019. Liquidity mining is an investment strategy that appears to reward investors for contributing a portion of their crypto assets to a pool, which […]

Mining crypto

Skybridge halts withdrawals on funds exposed to private stocks and crypto – Ledger Insights

One of Anthony Scaramucci’s Skybridge Capital funds has suspended redemptions as private company stocks have become more illiquid. Sources told Bloomberg that the Legion Strategies fund now holds about 20% of its portfolio in private stocks, including crypto exchange FTX, and another 10% in cryptocurrencies. However, while these private stocks are all part of Skybridge’s […]

Mining crypto

Crypto Fraudsters Dupe Thousands in Kerala With Website – The New Indian Express

Express press service KOCHI: Selinamma Joseph (60) from Vazhathoppu in Idukki had never heard of cryptocurrency until last year. Now she wishes she hadn’t. It all started in November 2021 when two people representing a company ‘dealfxtrade.com’ approached her and told her about the huge returns she would get by investing in cryptocurrencies through their […]

Mining crypto

Russia bans crypto payments and speaks out against stablecoins

Source: Wit Olszewski / Shutterstock Russia’s relationship with crypto has been a rollercoaster ride, especially throughout 2022. The country’s leaders have been clashing over the issue of digital currency for some time now. Some have remained firm in their assertions that crypto is no good, while others are convinced that it is a powerful asset. […]

Mining crypto

Bahrain Police Arrest Academic Computer Expert for Mining Crypto in Office | THE DAILY TRIBUNE

TDT | manama The Daily Tribune – www.newsofbahrain.com Mining crypto these days is akin to mining gold. Its skyrocketing value has made it one of the most exciting investments in the world. The downside, however, is that extracting them requires amazing amounts of electricity. Reports indicate that the Bitcoin network uses roughly the same units […]

Mining crypto

Today in Crypto: Celsius Hires New Lawyers

As part of its ongoing investigation, India’s Directorate of Law Enforcement (ED) is looking into more detail into exchange violations committed by crypto firms, according to a July 6 report by the Economic Times. Among those summoned were executives from CoinDCX, CoinSwitch and more. The ED works within the framework of the Foreign Exchange Management […]

Mining crypto

US Calls On Japan To Pressure Crypto Exchanges, Miners Working With Russia, Reveals BlockBlog Report

US diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever ties with Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington wants Japanese crypto firms to cut ties and further isolate Russia The United States has […]

Mining crypto

Another Crypto Firm Lays Off 15% of Its Staff Amid Bear Race

The continued bear market in cryptocurrency with reduced values ​​of Bitcoin and altcoins has made its way to companies and institutions in the sector. Another company in the cryptocurrency sector had to lay off a significant portion of its staff due to the sustained market downturn. Compass Mining, one of the leading cryptocurrency mining companies, […]

Mining crypto

Crypto Regulation Overlooks Sustainability Issues

Wednesday 06 July 2022 08:01 Discussions around crypto regulation obscure the negative environmental impacts of crypto, with sustainability concerns being overlooked, according to new research. Data from regulatory technology provider CUBE showed that only 0.1% of crypto regulatory issuances in 2022 were focused on sustainability. The data does not take into account the EU MiCA […]

Mining crypto

5 things to know about crypto today

While soaring inflation is hurting U.S. consumers and may have already dragged the economy into a technical recession (which this week’s ISM data might hint at), one of the strengths of the U.S. economy remains the labor market. Indeed, the strength of the labor market (with the unemployment rate hovering at pre-pandemic levels) is one […]

Mining crypto

Will the crypto crash scare the “data center”?

July 2—Perhaps we don’t need to be so concerned about this mysterious “data center”—widely believed to be a cryptocurrency mining facility—planned for the Morgantown Industrial Park after all. Because for a month and a half, the cryptocurrency has been in free fall. It started in May when a type of stablecoin collapsed. Stablecoins are cryptocurrencies […]

Mining crypto

New York DEC denies permit for Greenidge crypto-mining factory

New York state environmental regulators have refused to extend a key permit to a controversial cryptocurrency mining operation in the state’s Finger Lakes region. The state Department of Environmental Protection said Thursday that the Greenidge gas plant does not comply with state climate laws and refused to extend an air quality permit. The 107-megawatt plant […]

Mining crypto

Ether’s Lean And Mean ‘Merge’

Ether holds its breath for lean, means ‘merge’ Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: the merger. It’s the name of a major upgrade to the Ethereum blockchain network that many crypto projects are built on, aimed at making it leaner, meaner, and cleaner. It is elusive. The […]

Mining crypto

End of GPU mining? Crypto Crash forces miners to sell graphics cards

Key ideas: As BTC and ETH rapidly lose value, many miners are forced to auction off hoarded GPUs. Some industry experts say mining a single BTC would now cost up to $25,000. Ethereum would move to a Proof of Stake model, meaning miners would no longer use GPUs. For many years, bitcoin (BTC) mining has […]

Mining crypto

MAXUSDT launches cloud-based crypto platform for crypto

Seattle, June 20, 2022 (GLOBE NEWSWIRE) — MAXUSDT is one of the pioneers of the ideal platform that launched a mining campaign. It rewards all users with a sign-up bonus of 1000TRX. The cloud mining platform also offers a referral program where crypto miners receive a 12% commission for referring their friends and family. Getting […]

Mining crypto

Crypto Miners in Iran to Face Blackout as Mining Becomes Unprofitable

Iranian authorities have announced that crypto miners operating in the country will have their access to electricity cut off by June 22. According to a Tehran Times report, the decision was taken by the government to ensure sufficient energy supply for the citizens. A spokesman for Iran’s Energy Ministry, Mostafa Rajabi Mashhadi, said the Asian […]

Mining crypto

How Crypto Phishing Scams Continue to Cheat Investors

On May 29, a resident of Malabar Hill in Mumbai was tricked out of Rs 1.53 crore by cyber crooks promising good returns on cryptocurrency investment through a fake website. Two days earlier, on May 27, Charkop police arrested a 23-year-old management graduate for cheating investors out of Rs 1.5 crore after offering to invest […]

Mining crypto

California investor targeted in online crypto fraud

The California Department of Financial Protection and Innovation (DFPI) has received a complaint from a California resident regarding a crypto investment scam. The victim told the DFPI that he was contacted on Instagram by someone who referred him to “Rosabell” about the investment. Communicating via Whats App, Rosabell, who claimed to be an “account manager,” […]

Mining crypto

Ethereum price predictions: will ETH crypto go up?

Source: viktoryabov / Shutterstock.com With Ethereum (ETH-USD) dropping 16% to $1,237 this morning, the crypto’s plunge is partly blamed on a potential postponement of a change in the rules governing Ethereum mining. Meanwhile, analysts are releasing large-scale Ethereum price predictions. A change that will make it more difficult to mine Ethereum, thereby reducing the number […]

Mining crypto

Crypto Crash: Bitcoin Drops to 18-Month Low, Ether, Other Cryptocurrency Prices Also Plunge Today

Bitcoin price continued to sell off amid a broader cryptocurrency decline after a sharp rise in US inflation sparked risk aversion sentiment. The world’s largest digital token fell 7% to $25,366, an 18-month low. The most popular crypto is down over 43% so far this year (YTD) and is trading well below its all-time high […]

Mining crypto

EU member states could agree on a unified crypto law by the end of June

Key points to remember: The European Union is on the verge of reaching an agreement to regulate cryptocurrencies between its 27 member states. The representatives are due to meet on June 14 and 30. Issues yet to be resolved regarding cryptocurrencies include whether or not to include NFTs in the proposed rules, how to regulate […]

Mining crypto

Crypto’s Most Wanted Questions, Revealed

Global Spectrum / Pixabay “What is crypto” is by far the most searched question about cryptocurrency Interest in buying crypto comes next Other common curiosities relate to crypto mining and why the crypto market crashed The Most Wanted Questions About Crypto “What is cryptocurrency/crypto” is the most searched question on Google regarding crypto, a new […]

Mining crypto

Australian PM says cabinet will tackle KFC’s ‘cabbage door’

(MENAFN-AFP) Australia’s prime minister joked that he would meet with senior officials on Thursday to discuss soaring lettuce prices and local KFCs’ decision to replace leafy greens with cabbage medley on their Zinger Burgers. Calling the fast food chain’s decision “crazy”, centre-left leader Anthony Albanese called the situation a national “crisis”. Lettuce prices have soared […]

Mining crypto

Crypto-Incentive Mobile Networks Are Gaining Ground

It’s 2022 and your mobile carrier could be going crypto. There is a growing movement around building crypto-incentive peer-to-peer mobile networks. “What if we put Bitcoin mining in IOT hotspots to provide cover?” asked a helium engineer half a decade ago. As of June 2022, Helium now has over 845,000 hotspots worldwide, providing data coverage […]

Mining crypto

Crypto Miner Hut 8 Launches New Facility in Ontario, Bitcoin Mining Production Remains Robust

On Monday, Hut 8 Mining Corp, a Bitcoin mining company, released its Bitcoin (“BTC”) Production and miner installation updates for May 2022. According to the latest report from Hut 8 Mining Corp, cryptocurrency mining is a good investment. It is obvious that most miners seem to be solidly profitable. Hut 8 improved its bitcoin holdings […]

Mining crypto

Bitcoin Mining Crypto Electricity Costs Over 75% Revenue Cryptomonday

New Delhi: Bitcoin miners are spending more than 75% of their income on soaring electricity costs, resulting in a large carbon footprint that harms our environment, a new report revealed on Tuesday. Bitcoin (BTC) mining is a very power-intensive process. A recent study showed that a single Bitcoin transaction consumes approximately 2165 kWh of electricity […]

Mining crypto

What are crypto gas fees and how do NFT creators trade? To find.

When it comes to cryptocurrencies, NFTs, and DeFi, gas fees are a topic often discussed. Paying gas fees is a major step in the process of minting NFTs and also an important factor in DeFi. But what is it and how is it an important cost factor in blockchain transactions, find out here. What are […]

Mining crypto

Crypto mining startup finds unlikely partner in Duluth maker – Duluth News Tribune

DULUTH — So how did Ikonics — a modestly-sized maker of engraving and imaging products in Duluth — become an acquisition target for an East Coast cryptocurrency mining startup? Representatives for Ikonics lover TeraWulf Inc. declined to answer this question, posed by the News Tribune in recent weeks. But the more likely answer seems to […]

Mining crypto

VC Bull Kevin O’Leary Says Crypto Mining Ban Would Make New York Uninvestable

Shortly after the New York State Assembly considered imposing a two-year moratorium (currently suspended) on certain types of Proof-of-Work (PoW) cryptocurrency mining ventures ) on its turf, powerful industry figures are voicing their views on such efforts – including Shark Tank’s Kevin O’Leary. Specifically, the venture capitalist and multi-millionaire commented in a CNBC video on […]

Mining crypto

$4.5 Billion Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum Merger and More News

Source: Adobe/Dmitry Rukhlenko Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news. __________ Investment News venture capital firm a16z encryption announced a $4.5 billion crypto venture fund led by founder and managing partner Chris Dixon. Of this amount, about $1.5 billion will […]

Mining crypto

People looking to start their own crypto mining business are in luck now.

Paxmoo.com is a small-scale but superlative company that offers genuine crypto mining hardware and GPUs at the most affordable prices. Crypto is a thriving industry. Every day new milestones are reached by currencies. Crypto mining is an integral part of progressing almost any currency. It is a process used by Bitcoin and several other cryptocurrencies […]

Mining crypto

Verakari Crypto Mines Will Use CPower for Distributed Energy Resource Optimization

Partnership Implements CPower’s EnerWise™ Site optimization, allowing the new Crypto client to meet multiple grid needs with clean energy sources while maximizing site energy savings DALLAS, May 23, 2022 /PRNewswire/ — Today at PowerGen International 2022, leading national energy solutions provider CPower Energy Management (“CPower”) announced momentum following its recent EnerWiseMT Launched site optimization, with […]

Mining crypto

Texas crypto miners prepare for summer power grid conditions

Cryptocurrency mining rigs use huge amounts of power to operate, but can also shut down if network conditions tighten. AUSTIN, Texas – Earlier this week, ERCOT released its summer forecast. State leaders expect record energy demand this summer, but add they are confident the grid will be able to handle demand. Still, some worry that […]

Mining crypto

Crypto is not “added to society”

Bill Gates said he doesn’t invest in cryptocurrency because he likes to invest in things with “a valuable outcome”. Gates has warned people against investing in crypto before, especially those with “less money” than Elon Musk. Gates also warned of the environmental impact of crypto. Loading Something is loading. Microsoft co-founder and the world’s fourth […]

Mining crypto

Celsius faces revolt as high-yielding crypto tumbles

Text size Alex Mashinsky, founder and CEO of Celsius Network. Benjamin Girette/Bloomberg Tensions are boiling over giant crypto lending platform Celsius Network. Some customers say they were unfairly wiped out in the recent crash and its managing director says unknown thugs are trying to bring down his business. Although little known outside of crypto circles, […]

Mining crypto

Park Falls Paper Mill turns into a crypto site | News

Small towns in Wisconsin have depended on their local mills for decades. When the Park Falls paper mill closed, the community was hit hard. There were many unemployed people and an empty building left on the Flambeau River. Demolition of the Park Falls factory has begun, other parts of the factory have been redeveloped for […]

Mining crypto

Crypto Investors Only Pay Half the Taxes

According to a new analysis from Barclays, cryptocurrency investors are collectively failing to pay the IRS at least half of the taxes they owe on their virtual currency transactions. A research note from Joseph Abate, chief executive of Barclays, paints a picture of a booming new industry that the Internal Revenue Service is struggling to […]

Mining crypto

Why Crypto Mining Stocks Rise Today, Cutting This Week’s Losses

What happened Today has been another wild day in the world of cryptocurrencies and crypto-related stocks. For companies related to the crypto mining sector, this has been even more true. As of 9:45 a.m. ET, shares of Bit mining (BTCM 3.01%), S.O.S. (SOS 4.18%), Digital bit (BTBT 6.88%), Hut 8 Mining (HUT 15.28%)and Canaan (CAN […]

Mining crypto

UK outlines plans to support crypto adoption, create more powers to seize and recover digital assets CryptoBlog

Delivering the Queen’s Speech, Prince Charles outlines the UK government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets”. UK Government Plans To Support Crypto Adoption The British government set out its legislative program for the next parliamentary year in the Queen’s Speech […]

Mining crypto

Crypto Flipsider News – Bitcoin Falls to 10-Month Low; UST loses Peg, LUNA drops 30%; SEC Terminates $62 Million Investment Fraud Scheme; NFTs are coming to Instagram; Binance shuts down crypto derivatives in Spain

Crypto Flipsider News – Bitcoin Falls to 10-Month Low; UST loses Peg, LUNA drops 30%; SEC Terminates $62 Million Investment Fraud Scheme; NFTs are coming to Instagram; Binance shuts down crypto derivatives in Spain To read in the Digest: falls to 10-month low as equity market crashes. Luna Foundation Guard lends $1.5 billion in BTC […]

Mining crypto

Mining crypto on the phone: the advantages and disadvantages of this type of mining

Smartphones and tablets are far from being simple means of communication. Nowadays, these devices allow you to plan your schedule, manage your investments and even provide you with additional income if you use them to mine cryptocurrencies. ABCs of mining Mining itself is a process of solving complex problems and adding new blocks to the […]

Mining crypto

Mining Capital Coin CEO Indicted in $62M Crypto Fraud Scheme

Mining Capital Coin CEO and Founder Luiz Capuci Jr. was – in an unsealed indictment yesterday – charged by the DOJ with allegedly running a $62 million global investment fraud scheme . He is the latest of several crypto business leaders who have recently faced similar charges. Through his company, Capuci convinced investors to buy […]

Mining crypto

Uzbekistan Legalizes Solar Powered Crypto Mining | Tech News

TASHKENT (Reuters) – Uzbekistan will allow companies to mine cryptocurrencies using solar power and exempt all crypto operations of domestic and foreign companies from income tax, according to a published presidential decree. this week. The Tashkent government wants miners to power their farms by installing their own solar panels. Alternatively, mining companies can be connected […]

Mining crypto

Dorsey and other crypto leaders say bitcoin is sustainable

After 23 members of Congress signed a letter to the EPA imploring the regulatory agency to ensure that crypto mining does not violate federal environmental regulations, a group of bitcoin evangelists, including the CEO of Block, Jack Dorsey, responded Sunday in a letter saying lawmakers had it all wrong. The letter, sent by California Representative […]

Mining crypto

Pine Bluff Commercial Building Plans Call For Crypto Mining

Going from one of the oldest processes to one of the newest, Pine Bluff’s former commercial building is being prepared to become a cryptocurrency mining operation that could attract a $10-million investment. $15 million and employ up to 75 people, company officials said. Currently, the building, which has been mostly vacant since September 2020, is […]

Mining crypto

Want to start mining crypto? here’s how

Cryptocurrency mining can be a great way to generate passive income. However, it’s not as simple as plugging in your hardware and starting to mine. There are a few things you need to consider before getting started. In this blog post, we will cover the basics of crypto mining, byincluding the hardware and software you’ll […]

Mining crypto

Galveston ISD employee resigns after secretly mining crypto on campus

A Galveston Independent School District employee resigned last week after administrators discovered he had installed unauthorized technology devices on six school campuses that could have breached student and employee data, according to the district. The employee connected his private devices to the district network, according to a statement from Galveston ISD, but members of the […]

Mining crypto

Crypto FC: NFT, hand dryers and big promises | Sports | German football and major international sports news | DW

Barely visible behind the trees lining the freeway exit road, Crawley’s People’s Pension Stadium is not the obvious setting for a new frontier in the whirlwind romance between football and cryptocurrency. But the English fourth-tier club that plays in the 6,000-seater ground, Crawley Town, was bought by US cryptocurrency group Wagmi United earlier this month. […]

Mining crypto

AkuDreams faces nightmare as team locked in from $34m

Share this article AkuDreams said it would prioritize user refunds after its chaotic launch. The AkuDreams NFT project suffers from exploits The highly publicized launch of AkuDreams turned into a nightmare for the team behind the project. The highly anticipated collection of avatars went live with a Dutch auction on Friday, but suffered a series […]

Mining crypto

SpaceMine Announces Partnership with NexusOne, One of Korea’s Largest Crypto Venture Capitalists

Seoul, Korea – NexusOne has partnered with SPACEMINE Global by entering into consultancy agreements and participating in the main cycle. NexusOne (https://www.nexusonecap.com/) is one of the biggest crypto venture capitalists in Korea and has invested in many crypto startups like Klaytn, PlayDapp, and Xreators. SpaceMine (MINE) is a P2E gaming asset that mines various cryptocurrencies. […]

Mining crypto

RIOT is the fastest growing crypto mining stock

The cryptocurrency industry is still relatively new compared to more traditional asset classes and growing rapidly. Blockchain technology is the engine of the cryptographic space, it allows the maintenance of a secure and decentralized register of transactions. In order to produce new currencies, computers are used to solve complex computational problems that validate transactions on […]

Mining crypto

Argentinian city uses crypto to modernize rail system

To avoid crypto price volatility, an Argentinian community of 6,000 members hopes to raise funds by selling their mined crypto. With the mayor’s blessing, the Argentinian city of Sorradino in the province of Santa Fe is looking to mine virtual currencies to raise the funds needed to upgrade rail infrastructure and fight inflation instead of […]

Mining crypto

Tesla, Block, Blockstream Link Up for Solar Bitcoin Mining

Key points to remember Block and Blockstream will mine Bitcoin using Tesla’s solar energy products. The companies will fund the construction of a facility at one of Blockstream’s locations in Texas. This is the latest in a series of major updates coming out of Bitcoin 2022, which is happening this week in Miami. Share this […]

Mining crypto

How to Stop Websites From Mining Crypto Currency on Android Device or Windows PC 2022

This tutorial is about how to stop websites from mining Crypto currencies on Android device or Windows PC. We will do our best for you to understand this guide. I hope you will like this blog How to Stop Websites From Mining Crypto Currency on Android Device or Windows PC. If your answer is yes, […]

Mining crypto

The first decentralized NFT mining “cryptostone” made with

SINGAPORE, March 31, 2022 (GLOBE NEWSWIRE) — Crypto Stone NFT was released on March 30 (local time) and demonstrated its outstanding features at NFTConfex. The opening of the Crypto Stone beta project was hosted by the keynote speaker of the event, Irvan Tinabudi. Irvan Tinabudi is well known as a blockchain scholar actively working as […]

Mining crypto

Will the European Union Ban Crypto Mining?

The European Union rejected a proposal to ban the Bitcoin cryptocurrency across the union, but recommended additional measures to protect consumers and make mining more sustainable. The EU has no grip on crypto Crypto-assets now fall outside the scope of European regulation because they are neither issued nor guaranteed by a central bank or government. […]

Mining crypto

Police arrested a man for stealing power to mine crypto in Kota Samarahan

Here, a news has hit the web that police have arrested a male suspect in his twenties after he was found at a premises who allegedly stole electricity for cryptocurrency mining in Kota Samarahan. This news is going viral on social media from different angles. This news is attracting a lot of public attention. People […]

Mining crypto

Roblox Players Mine Crypto Just To Get Robux

Image: LIONEL BONAVENTURE/Contributor Piracy. Disinformation. Monitoring. CYBER is Motherboard’s podcast and reports on the dark underbelly of the internet. Everyone wants more Robux, the in-game currency for the hyper-popular Roblox ecosystem. Players can earn this digital cash by trading in items they’ve acquired, playing certain Roblox games, or creating new cosmetics to sell to other […]

Mining crypto

EU Revises Legislation Targeting Proof-of-Work Cryptocurrency Mining

Key points to remember A European law that proposes restrictions on environmentally unsustainable consensus mechanisms has been revised. This law could have possibly restricted the use of Bitcoin and other mining-based cryptocurrencies before the review. Stefan Berger, Member of the European Parliament, confirmed that the text in question had been deleted. Share this article A […]

Mining crypto

Students Mining Crypto in Dorms Could Face Criminal Prosecutions in Russia, Lawyer Says – Mining Bitcoin News

According to a legal expert quoted by local media, university students in Russia who mint digital currencies in their dormitories risk penalties and even criminal prosecution. The warning comes as Russian authorities attempt to curb crypto mining with cheap energy in residential areas. Mining can become a risky business for Russian students As more Russians […]

Mining crypto

Why Mining Crypto Will Murder Your Laptop

Labutin.Art/Shutterstock.com Laptops and crypto mining don’t mix. Even a gaming laptop doesn’t have the hardware to run 24/7. Using your laptop as a mining rig is a good way to damage the hardware, and it won’t be able to mine well. What does Crypto Mining do to a computer Whether you’re mining Bitcoin, Ethereum, or […]

Mining crypto

Russians Mining Crypto To Pay At Least 15% Tax, Companies – No Less Than 6%, Legislator Says – Mining Bitcoin News

Individuals mining cryptocurrency can expect a higher tax burden than companies involved in the industry, a senior member of Russia’s parliament has said. While the mining of digital currencies is not yet regulated in Russia, the authorities are leaning towards recognizing it as an economic activity, which will allow the government to tax mining profits. […]

Mining crypto

Utility seeks $800,000 from Russians to mine crypto with cheap energy – Mining Bitcoin News

Irkutsk’s main utility company is seeking to raise nearly $800,000 from owners of crypto farms that allegedly caused an increase in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in effect, a commercial activity. Power Utility Sues Crypto Miners Irkutskenergosbyt, the local electricity distributor […]

Mining crypto

Georgia citizens forced to take oath to stop crypto mining

Residents of Svaneti, Georgia have reportedly been forced to take a sacred oath not to mine cryptocurrency to deal with power shortages blamed on Bitcoin mining. The economy of Georgia’s northwestern Svaneti region depends on tourism spending, which grew every year from 2000 to 2019, according to Macrotrends. However, following the COVID-19 pandemic, tourism fell […]

Mining crypto

Teslas can pay for themselves as owners start mining for crypto

Tesla owners are now mining crypto using power from their cars. The electric vehicle company is arguably the most recognizable name in the electric vehicle industry and has achieved major success in the space, making it the biggest player in electric vehicles. It took on even more importance when he started accepting bitcoin payments for […]

Mining crypto

Tesla Owners Earn $800 A Month Mining Crypto With Idle Tesla Vehicle

Imagine your Tesla Model 3 electric vehicle sitting in your driveway not being used – so what better way to make money than mining cryptocurrency from your Tesla – might as well, right? That’s exactly what Siraj Raval did with his flashy Tesla Model 3 vehicle, using an Apple Mac mini M1 system with discrete […]

Mining crypto

Mining Crypto for Profit: It’s Time

If you’re reading this article, you’ve probably bought cryptocurrencies before. You are also probably interested in other ways to make money with them. For example, maybe you need information about mining. Anyone can mine cryptocurrencies. What should I consider when choosing a cryptocurrency to mine? Large-scale mining requires a large number of computers with powerful […]

Mining crypto

Russian crypto mining at home sued by Power Utility department

Crypto miners in Russian households have been prosecuted by the Power Utility department Electricity prices have increased due to the crackdown 85 lawsuits filed this year claiming 73.3 million rubles A Russian electric utility has discovered how to increase electricity costs for buyers who mine crypto money using family power. The Territorial Transport Organization charged […]

Mining crypto

A server farm that was likely mining crypto burst into flames

CityNews reported that a cryptocurrency mining server farm in Chiang Mai, Thailand caught fire on the morning of December 3. The resulting fire is said to have caused damage worth around $60,000 (2 million baht) to the three-story building. However, Mae Ping police said there was no one in the building at the time, so […]

Mining crypto

How to Start Crypto Mining in Three Easy Steps. Your guide to cloud mining

The cloud mining industry has many offers for users who want to get involved in the cryptocurrency space. The best cloud mining providers allow people to join the highly profitable process of earning crypto without setting up Bitcoin farms. So let’s look at this process in more detail. Understanding Cloud Mining First, mining is the […]

Mining crypto

Celsius will invest $300 million in Bitcoin mining

Key points to remember Celsius has invested $300 million in the bitcoin mining industry. It previously invested $200 million in mining equipment and equity, bringing its total investment to $500 million. The news comes months after China’s crypto ban helped the US crypto industry gain dominance. Share this article Cryptocurrency lender Celsius Network has invested […]