Crypto mining News

‘Satoshi Nakamoto’ Mines Over 40% of Bitcoin Cash, Sparks 51% Attack Fear

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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Halong Miner Announce DragonMint T2 Miner

This week another new ASIC has been announced to bring more competition to Bitmain and Halong mining are proving to be quite a match and quite popular. They have announced the T2 Bitcoin miner which will reportedly mine at a very respectable 17TH/s using 93-102w per TH/s. It also features ASIC boost technology A few …

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

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 …

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KuCoin Officially Reopen Referral Program

Good news for all you traders or people with lots and lots of friends Kucoin has officially reopened their referral bonus program. The idea is you invite your friends or trading community to Kucoin through your ref link, once they have signed up you receive a percentage of their trades. Its very much like Binance …

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China Throws Bitcoin-Mining Grandma in Jail for Electricity Theft

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 …

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Bitcoin Mining Is Shockingly Mostly Powered by Green Energy

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 …

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

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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