カテゴリー: Cloud Mining

Texas Takes Action Against Cryptocurrency Mining Company Promising 200% Profit

Texas Takes Action Against Cryptocurrency Mining Company Promising 200 Percent ProfitThe Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cryptocurrency mining company and its affiliates. According to the order, the company represents that investments in its mining contracts are “guaranteed to 200% profit.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cease and Desist Order The Texas State […]

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Nicehash Returns 60% of Coins Stolen in the Hack

Nicehash Returns 60% of Coins Stolen in the HackNicehash, the cloud mining service that got hacked in December, has returned 60 percent of the stolen bitcoins, according to local media. After the cyberattack last year, the Slovenian company promised to fully reimburse its customers and has been doing it on a monthly basis. The police investigation into the case is still ongoing.    […]

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Nicehash Returns 60% of Coins Stolen in the Hack

Nicehash Returns 60% of Coins Stolen in the HackNicehash, the cloud mining service that got hacked in December, has returned 60 percent of the stolen bitcoins, according to local media. After the cyberattack last year, the Slovenian company promised to fully reimburse its customers and has been doing it on a monthly basis. The police investigation into the case is still ongoing.    […]

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Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint

Norwegian Mining Company Receives Bomb Threat in Escalating Noise ComplaintKryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Also Read: Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has reportedly […]

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Rare: Bitcoin Mining Company Cleared of Wrongdoing by Regulator

Rare: Bitcoin Mining Company Cleared of Wrongdoing by RegulatorThe Securities Commissioner of South Carolina dismissed its previous order of nearly half a year ago against Genesis Mining. It’s rare, and some say this is a first for the state, as the Commissioner hasn’t previously withdrawn such an order. The company plans to resume services in the United States as a result. The case also […]

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Google Bans Cryptocurrency Mining Apps From Play Store

Google Bans Cryptocurrency Mining Apps From Play StoreIn the Google’s latest move against virtual currencies, cryptocurrency mining apps have been banned from the Google Play Store. Despite the ban, Google has indicated that it will continue to permit mining apps that mine for cryptocurrency from outside of a device, such as cloud-based mining. Also Read: Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts […]

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The Daily: TCAP Explores Market, Tutanota Accepts Cryptos, Huobi Launches Cloud

The Daily: TCAP Explores Market, Tutanota Accepts Cryptos, Huobi Launches CloudIn today’s edition of Bitcoin in Brief we cover stories about one of the largest inter-dealer brokers in the world exploring the cryptocurrency market, a privacy-focused email service that now accepts several cryptos, a new white label exchange offering and a cloud mining service that abruptly ended BTC contracts. Also Read: Coinbase Gets $20 Billion […]

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Costa Rican Workers Can Be Legally Paid in Cryptocurrency

Costa Rican Workers Can Be Legally Paid in CryptocurrencyEmployees in Costa Rica can receive part of their salary in cryptocurrency and that wouldn’t be against the law. Certain provisions in the national legislation allow companies to pay their workers not only with fiat money but also with goods, and some legal experts believe cryptos can fit in this category. Besides, Costa Rican laws […]

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Some Crypto-Mining Operations Are Not What They Say They Are

Some Crypto-Mining Operations Are Not What They Say They AreBitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent […]

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Japanese Internet Giant GMO Boosts Own Bitcoin Mining Output With 7nm Rigs

Japanese Internet Giant GMO Boosts Own Bitcoin Mining Output With 7nm RigsJapan’s internet giant GMO has released the latest results of its cryptocurrency mining operation. The company has also started using 7nm rigs for its in-house mining business. News.Bitcoin.com talked to a GMO spokesperson to find out more details. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 1906 BTC and 636 BCH Mined GMO has released its mining […]

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