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Pennsylvania Launches First U.S. Bitcoin Mining Farm Powered by Nuclear Energy
Pennsylvania has made headlines with the launch of the Nautilus Cryptomine, which has become the first Bitcoin mining farm in the United States to operate entirely on nuclear power. This innovative project was spearheaded by TeraWulf, a company that has already deployed 8,000 mining devices with ...
Man Sentenced to Prison for Cryptocurrency Mining Scam
A man has been sentenced to three years in prison by the U.S. District Court for defrauding investors and stealing over $2 million through a cryptocurrency mining scam. According to U.S. Attorney Damian Williams, Chet J. Stojanovich, who also goes by Chester J. Stojanovich, operated Chet Mining C ...
Top Challenges for Bitcoin Miners in 2023: When to Expect an Increase in Profitability?
As bitcoin continues to dominate the cryptocurrency market, miners face a number of challenges that could affect their profitability in 2023. Despite optimistic forecasts for the first cryptocurrency, miners have faced serious obstacles in recent years. The "growth at any cost" strategy, which in ...
Men Sentenced to Prison for Cryptocurrency Theft in Omsk
A local court in Omsk has handed down strict sentences to three individuals who robbed a resident and forced him to transfer over 84 million rubles in cryptocurrency to their wallets. According to the Omsk prosecutor's office, the perpetrators arrived in the city and monitored their victim's move ...
Montana Senate Approves Bill to Protect Bitcoin Miners
The Montana State Senate recently approved a bill to safeguard bitcoin mining companies against a range of anti-industry measures and to restrict local governments from opposing mining operations. The legislation is aimed at defending the rights of BTC miners, with the majority of the Senate voti ...
Illegal Underground Cryptocurrency Mining Farm Discovered in Massachusetts School
In December 2021, an illicit underground mining operation was uncovered in Cohasset, Massachusetts, situated in a school. The perpetrator responsible for this illegal activity fled the scene. As per the Washington Post, ...
In Ulyanovsk, an underground mining farm was discovered near the police department
A mining farm whose owners were stealing electricity was discovered in a garage in Ulyanovsk. Interestingly, the farm was located next to the Department of Internal Affairs of the Zasviyazhsky district. From the garage with installed mining equipment to the police depa ...
EMCD began looking for employees to work with AI
The EMCD company published announcements on the search for employees to work with artificial intelligence on the HeadHunter service. EMCD is looking for a neuro-copywriter who can work effectively with OpenAI's ChatGPT chatbot. EMCD is also looking for a prompt de ...
Mississippi State Senate Passes Miners' Rights Bill
The Mississippi Senate approved a bill called "The Right to Mining" introduced by Senator Josh Harkins to protect the rights of miners in the state. The Bill Allows Individuals to Run Cryptocurrency Mining Nodes at Home and Also Recognizes the Potential of Mining to St ...
Mining company Iris Energy installed 44,000 new devices
Australian mining company Iris Energy reported that recently it has almost tripled the hash rate of its equipment.. This was done thanks to the purchase of 44,000 new ASIC miners. In a press release from Iris Energy, it is noted that now the total hashrate of the ...