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Iranian Authorities Arrested Crypto Mining Parts Smuggler and Confiscated 117 Pieces

The police in an Iranian province has brought into custody a smuggler, illegally bringing crypto mining machines into the region, as reported by Fars News on July 31. Specifically, the...

Daniel T. | Aug 04, 2019 03:49

Culprits behind a Crypto Mining Scheme Arrested by Chinese Police

The culprits behind an illegal crypto mining scheme have recently been arrested by Chinese police by stealing energy worth of nearly $3 million. According to the report of Chinese agency...

Emily Rys | Jul 14, 2019 03:38

Japanese SBI Sets Out New Crypto Mining Chips

Financial giant SBI Group has opened a subsidiary to produce crypto mining chips, according to a press release on March 22. The new subsidiary, SBI Mining Chip Co., Ltd. (SBIMC), will carry out the...

Mary T. | Mar 24, 2019 04:20

Crypto Mining Canaan Raises Hundreds of Million Dollars

As Securities Times reported on 11th March, Canaan Creative, the Avalon line of mining devices makers, has raised hundreds million U.S. dollars in a new funding round, which values the firm at over $1...

Anne W. | Mar 13, 2019 11:20

Bitmain Launches Next-Gen ASIC Chip for Crypto Mining

Bitmain Technologies Limited has officially announced its latest next-generation 7nm (nanometer) Bitcoin mining chip – the new BM1397 – claiming it “achieves new feats in performance,...

Daniel T. | Feb 22, 2019 04:03

Crypto Mining Service Scales Back Operations in Poor Market

Argo – a major London-based multi-cryptocurrency mining platform – has announced that continually depressed market sentiment has forced it to cut back on its main business focus in an...

Warren Hayes | Feb 19, 2019 04:15

Aussie Police Mistake House with Crypto Mining Equipment for Marijuana Farm

A man living in Adelaide has been left fuming against the local police after his house was allegedly damaged in a supposed drug raid only for police to find crypto-mining equipment instead. Australian...

Emily Rys | Feb 15, 2019 04:05

Iran: Crypto Miners Set Up Bitcoin Mining Site in Mosque Following Energy Crackdown

Iran-based Bitcoin (BTC) mining firms have reportedly established their businesses in mosques, following an energy crackdown from the authority. Reported by a social account on June 25th, an...

Jenny Aurora | Jun 29, 2019 11:23

New Site Distributing Mining and Clipboard Hijacking Crypto Malware Discovered

Fumik0 – a Twitter account specialised in malware researching – has reportedly uncovered a web page which distributes cryptocurrency malware. Reported by Bleeping Computer on June 5th, a...

Anne W. | Jun 08, 2019 04:34

GMO Quits Selling Mining Machines After Seeing Crypto Market Downturn

On Tuesday, Japanese IT giant GMO Internet has confirmed to the press that since its current “increasingly competitive” business environment and the unstable cryptocurrency market, it will take...

Chris Torres | Dec 27, 2018 17:22