In our “Mining” section, we cover everything related to cryptocurrency mining and blockchain network security. Here you will find information about mining hardware, mining pools, profitability, and the technologies behind validating transactions. Read the “Mining” section on ForkNews to learn how cryptocurrency mining works and stay updated on the latest developments.
The mining boom has triggered shortages and higher prices for GPUs used to mine cryptocurrencies. Intel is preparing to bring a hardware accelerator to the mining market, judging by the patent application filed by the company
Kryminform reports this, citing the press service of the Main Investigation Department of the Investigative Committee of Russia for the region. From September 20, 2016 to January 31, 2017, two defendants installed the corresponding software on system units and laptops in the premises of the Council of Ministers and were engaged in mining.
The decision was officially announced during a Norwegian press conference on March 20. As part of the cooperation, the blockchain company plans to build a data center and hire about 30 local employees to run it. Bitfury intends to invest about $35 million in the project
The press service of the Volyn region prosecutor's office reported the kidnapping of two people in order to take possession of property, which included a mining farm.
Last December, the President of Belarus signed a decree on the development of the digital economy, which legalized cryptocurrency exchanges and zeroed out taxes for miners. This provoked a real cryptocurrency boom in the country, against the backdrop of which sellers of equipment for the extraction of digital currencies began to raise their prices everywhere.
A small town on the shores of Lake Champlain in upstate New York has declared war on miners who use cheap electricity from Canada.
There are more and more people wanting to make money through hidden mining every day. Thus, the extraction of digital currencies using the CoinHive service has already reached the websites of government agencies.
On March 13, law enforcement officers detained loaders suspected of stealing equipment for cryptocurrency mining. “Employees of the Department for Combating Criminal Encroachments on Cargo of the Line Police Department at Vladivostok Airport, together with the airport cargo terminal security service, identified suspects in the theft of data processing units,” reports the press service of the Ministry of Internal Affairs for the Far Eastern Federal District.
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