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Mining Giant Bitmain Offers New Policy to Boost Its Transparency
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Mining Giant Bitmain Offers New Policy to Boost Its Transparency

Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community. In a company statement, Bitmain said, “We believe that communities served by Bitmain an...
Chinese Authorities to Shut Down ‘Illegal’ Bitcoin Mining in Autonomous Region
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Chinese Authorities to Shut Down ‘Illegal’ Bitcoin Mining in Autonomous Region

Xinjiang Uyghur, an autonomous region in northwest China, has warned local Bitcoin mining enterprises to close their operations before August 30, 2018. Chinese news outlet Jinse published the notice posted by the Xinjiang Economic and Information Commission...
Hashflare Shuts Down Bitcoin Mining Services, Users Struggle to Withdraw Funds
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Hashflare Shuts Down Bitcoin Mining Services, Users Struggle to Withdraw Funds

HashFlare, a cryptocurrency cloud mining services, has shut down its Bitcoin mining service. The platform also terminated all related BTC mining contracts citing lack of profitability in operation. The price of the Bitcoin, the top-ranked cryptocurrency has st...
Cloud-Mining Service Hashflare Disables Bitcoin Mining Contracts, Shuts Down
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Cloud-Mining Service Hashflare Disables Bitcoin Mining Contracts, Shuts Down

Hashflare, one of the largest cloud-based mining service, abruptly shuts down Bitcoin mining contracts. In an official statement, Hashflare stated that they would disable their mining hardware and would effectively terminate all SHA-256 based mining contrac...
Vietnam Central Bank Agrees To Suspend Import Of Cryptocurrency Mining Machines
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Vietnam Central Bank Agrees To Suspend Import Of Cryptocurrency Mining Machines

The gear has come under scrutiny by the State Bank of Vietnam and the Ministry of Industry and Trade. According to Hanoi newspaper Việt Nam News, the State Bank of Vietnam (SBV), the country's central bank, has agreed with the Ministry of Industry and Tra...
Vietnam’s Central Bank Approves Call to Suspend Import of Cryptocurrency Miners
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Vietnam’s Central Bank Approves Call to Suspend Import of Cryptocurrency Miners

Vietnam is closing in on a sweeping move to – temporarily – ban the import of ASIC cryptocurrency mining equipment after the central bank approved the proposed plan. The State Bank of Vietnam (SBV), the country’s central bank, is in agreement with a governm...
Quebec Approves Energy Rate Hikes for Bitcoin Mining Firms
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Quebec Approves Energy Rate Hikes for Bitcoin Mining Firms

Bitcoin mining firms looking to set up shop in Quebec will now have to pay more for electricity. This is after the energy regulator of the Canadian province, Régie de l’énergie, gave the region’s utility firm, Hydro-Quebec, the go-ahead to impose a deterren...
Flooding in Sichuan Province Reveals Hidden World of China’s Small-Time Bitcoin Miners
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Flooding in Sichuan Province Reveals Hidden World of China’s Small-Time Bitcoin Miners

A special report on the recent floods across China’s Sichuan province has uncovered an extraordinary story of resilience, discomfort, tragedy, and rapidly changing economic circumstances experienced by the people who make up the world’s largest concentration o...
Change.org Launches Screensaver That Mines Monero for Charity
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Change.org Launches Screensaver That Mines Monero for Charity

Popular social petition platform Change.org is asking its supporters to install a screensaver that will mine monero on behalf of the for-profit organization’s charitable foundation. Change.org Asks Supporters to Mine Monero for Charity Dubbed “The Mining S...
Op Ed: Addressing the Threat of Cryptomining Malware
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Op Ed: Addressing the Threat of Cryptomining Malware

One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of crypto...