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Tag: mining machines

Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm

May 19, 2022 wp-bot Bitcoin News

Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials

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Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design

April 18, 2022 wp-bot Bitcoin News

Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two

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Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency

March 30, 2022 wp-bot Bitcoin News

In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies.

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Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims

February 24, 2022 wp-bot Bitcoin News

Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news

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Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown

January 9, 2022 wp-bot Bitcoin News

Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms

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Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests

January 5, 2022 wp-bot Bitcoin News

Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has

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