Crypto mining News

A certain unknown ‘Satoshi Nakomoto’ is mining Bitcoin Cash, controlling over 40% of the hash rate. | Source: Shutterstock By CCN.com: According to blockchain data and CCN/Hacked reporter Greg Thomson, an anonymous miner who embeds the words “Satoshi Nakamoto” into all of the blocks they mine currently controls more than 40% of Bitcoin Cash’s hashrate. …

‘Satoshi Nakamoto’ Mines Over 40% of Bitcoin Cash, Sparks 51% Attack
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An Australian government contractor is in trouble for mining bitcoin on govt. computers. | Source: Shutterstock By CCN: A man from Sydney, Australia will appear in court on Tuesday after turning a government computer into a bitcoin mining rig. He allegedly mined $9,000 worth of cryptocurrency on the modified machine. The 33-year old IT contractor …

Aussie Bitcoin Miner Retrofits Govt Computers, Faces 10 Years in Prison Read More »

A bitcoin-mining grandmother in China, age 61, was sentenced to four months in jail for stealing electricity while mining the cryptocurrency. | Source: (i) Shutterstock (ii) Shutterstock; Edited by CCN By CCN: Chinese authorities sentenced a 61-year-old grandmother to four months in jail for stealing electricity while mining bitcoin. Qiuping Tang was also fined 10,000 …

China Throws Bitcoin-Mining Grandma in Jail for Electricity Theft Read More »

A game-changing CoinShares report reveals that three-quarters of bitcoin mining is done using renewable energy including hydroelectric power. | Source: Shutterstock By CCN: Contrary to popular opinion, it appears that Bitcoin mining might not be as bad for the environment as people think. In a highly detailed report, CoinShares research reveals that 74% of mining …

Bitcoin Mining Is Shockingly Mostly Powered by Green Energy Read More »

Self-proclaimed bitcoin creator Craig Wright has been ordered to attend proceedings at a Florida district court. | Source: YouTube By CCN Markets: Craig Wright is to appear in a Florida court next week to contest allegations that he stole 1.1 million Bitcoin from his old friend, Dave Kleiman. Wright had initially appealed to postpone proceedings …

$10.8 Billion Bitcoin Tussle Heats Up as Florida Court Summons Craig
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