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Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green

Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be GreenA crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency on Solar and Excess Energy in South […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Russian Caught Mining Crypto in Covid-19 Clinic

Russian Caught Mining Crypto in Covid-19 ClinicAn IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto farm. Altai Resident Apprehended for Running Underground Crypto Mining Operation An […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Masked Men Rob Large Crypto Mining Farm Near Moscow

Masked Men Rob Large Crypto Mining Farm Near MoscowArmed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv

Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in KharkivUkraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service of […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Crypto Mining Farm Uncovered in Russia’s Oldest Prison

Crypto Mining Farm Uncovered in Russia’s Oldest PrisonRussian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency in Moscow Prison A high-ranking representative of the management of Butyrskaya prison, in the Tverskoy […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm

Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto FarmEven after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto Farm, Seizes Mining Hardware Police in Abkhazia have closed down another crypto mining installation in […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown

Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan CrackdownLaw enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities. Cryptocurrency Miners in Dagestan Accused of ‘Illegal Entrepreneurship’ Officers from the Ministry of Internal […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining

Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on MiningLaw enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the latest targeted mining operation in the country which has been struggling with its power deficit. Authorities in Kazakhstan Seize Over 100 Mining Rigs […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins

Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital CoinsA regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia. Illegal Crypto Farm Burns 1.3 […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs

Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining RigsAuthorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nation’s power grid and that they are still trying to estimate the losses. Underground Crypto Farm Busted in Kyrgyzstan The region […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’