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Tag: mining machines

Bankruptcy Court Approves BlockFi’s $4.7M Sale of Crypto Mining Rigs

Advertisement &nbsp &nbsp The mining equipment is spread across Texas, Georgia, Kentucky, Dakota, and Norway. BlockFi was forced into bankruptcy last year due to...

29 Participants in Egyptian Crypto Scam Hogg Pool Arrested

Residents of Egypt are angry after being taken advantage of and falling victim to a cryptocurrency scam last August known as Hogg Pool. Hogg Pool...

SBI Crypto Sues Riot Blockchain-Owned Data Center for Fraud, Negligence

Bitcoin miner SBI Crypto Co., (SBIC) is suing Whinstone US, a data center based in Rockdale, Texas, for misrepresenting its readiness to host a...

Core Scientific to Send $20M Worth of Mining Equipment to Settle Payment Dispute

The United States Bankruptcy Court for the Southern District of Texas ordered Core Scientific to transfer approximately $20.8 million worth of mining equipment...

Without Democracy, Bitcoin Will Fail

This is an opinion editorial by Frank Kashner, founder of UnChainDemocracy.org.“Politics” are often defined as “the activities associated with the governance of a country...

Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000

Bitcoin mining is the process by which miners add new blocks to the Bitcoin blockchain. Miners must use computational power to solve complex mathematical...

How To Earn Passive Income Daily With Cloud Mining

Anyone can mine Bitcoin from the comfort of their home with the mobile cloud mining platform HappyMiner. To mine, it often necessitates the...

Canaan’s Q4 2022 Revenue Declines by 82.1% YoY to $56.8M

Chinese Bitcoin miner and manufacturer of application-specific integrated circuit (ASIC) mining machines, Canaan, has reported an 82.1% YoY revenue decline to $56.8 million in...

SEC Sues Green United for Raising $18M from Fake Crypto Mining Operation

The U.S. Securities and Exchange Commission (SEC) has alleged that a Utah-based company violated federal securities laws by selling crypto mining equipment tied to...

Riot Blockchain Had Its Best Month Last January

Riot Blockchain – one of the largest and most recognized crypto mining facilities in the world – reported that January was its best month...

Nuclear Bitcoin Mining at Terawulf Is Only One Piece of the Green Mining Jigsaw

Join Our Telegram channel to stay up to date on breaking news coverage A novel Bitcoin mining project is ready to launch in Northeast Pennsylvania....

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset...

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