Tag: crypto mining

  • Crypto

    Police Mistake Crypto Mining Rigs For Drug Den in Raid Gone Wrong

    Police in Adelaide, Australia raided the home of Rob Butvila expecting to find a marijuana grow room, but instead they found an elaborate crypto mining set up, complete with a ventilation system to keep heat the miners generate at bay. Butvila is now considering taking legal action against...

    Tony Spilotro | February 12, 2019 | 8:01 pm
  • Crypto
    Bitcoin

    Argo Blockchain Sees 146% Increase in Crypto Mining Package Sales

    A shattered crypto market has not deterred miners from purchasing crypto mining software packages, revealed Argo Blockchain. The U.K.-based Mining-as-a-Service (MaaS) firm noted a 146% jump in its sales between October 1 and December 4 after selling a new batch of packages. It led the company to beat...

    Davit Babayan | December 4, 2018 | 5:30 pm
  • Crypto
    Crypto

    ASUS Announces Crypto-Mining Partnership Despite Market Challenges

    ASUS has announced a partnership with Quantumcloud that turns idle graphic cards into cryptocurrency miners. ASUS Partners with Quantumcloud Taiwan-based computer and electronic component manufacturer AsusTek Computer Inc., most commonly known as ASUS, has partnered with “innovation factory” Quantumcloud, reports Tech Radar. The partnership will allow owners of...

    Tony Spilotro | November 29, 2018 | 8:00 pm
  • malware
    Technology

    Research: Crypto Mining Malware Still Abundant Despite Market Decline

    Researchers at Kaspersky Labs have released a report stating that 2018 has been the year of the crypto-miners. Previous years were noted for ransomware or browser hijackers but this year has seen the biggest rise in mining malware designed to commandeer unsuspecting computers for their processing power. Most...

    Martin Young | November 29, 2018 | 11:00 am
  • ASICS
    Industry

    $5 Million Lawsuit Claims Bitmain Mined at Expense of U.S. Customers

    Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its ASIC devices “to mine crypto currency for the benefit of itself rather than its customers who purchase the...

    Ricardo Esteves | November 27, 2018 | 10:00 am
  • North Korea Hack Blockchain
    Crypto

    South Korea Points to North Korea as Cryptojacking Culprit

    South Korean intelligence officials are pointing toward North Korea as being the responsible party behind a string of cryptojacking cases across the country. North Korea Continues to Mine for Crypto on South Korean Computers According to a new intelligence gathering report, prompted by an upcoming visit to North...

    Tony Spilotro | November 1, 2018 | 1:00 am
  • GPU
    Industry

    AMD Estimates Poor Q4 as Demand for Crypto Mining Graphics Cards Dwindles

    A promising demand prediction for crypto mining chips led AMD on a manufacturing spree. But the chipmaker’s latest revenue forecast reveals that it misread the market. The American multinational said that it now expects the revenue of the fourth quarter of 2018 to be about $1.45 billion. That marks...

    Davit Babayan | October 25, 2018 | 12:00 pm
  • Japan
    Bitcoin

    Japan Is Proving to be a Surprising Haven for Crypto Miners

    Rural Japan is luring more and more cryptocurrency mining operations. They’re attracted by subsidised rents, as well as relatively low electricity rates. Cities Like Fukui Seeing More Mining Operations Spring Up When you think of large scale cryptocurrency mining operations, Japan probably isn’t the first place that springs...

    Rick D. | July 6, 2018 | 7:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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