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    Bitmain Lawsuit Seeks Millions from Staffers Who Founded Rival Mining Pool

    Bitmain Lawsuit Seeks Millions from Staffers Who Founded Rival Mining Pool

    Cryptocurrency mining giant Bitmain is locked in a legal battle with three former employees who started a rival mining pool.

    17 JUNE 2019

    News

    Bitcoin mining may be pumping out as much CO2 per year as Kansas City

    Bitcoin mining may be pumping out as much CO2 per year as Kansas City

    Mining Bitcoin is a hugely wasteful process. For miners to accrue more of the cryptocurrency, powerful computing hardware must solve increasingly difficult, and pointless, puzzles.

    16 JUNE 2019

    News

    Where is most of the equipment for mining Bitcoin

    Where is most of the equipment for mining Bitcoin

    According to a report by research firm Coinshare, China continues to dominate the bitcoin mining industry, with 60% of the capacity located in the country.

    14 JUNE 2019

    News

    Expert: Miners should not be afraid of horror stories from the State Duma
    Exclusive

    Expert: Miners should not be afraid of horror stories from the State Duma

    Despite the “horror stories” from the State Duma, the situation for miners in Russia is unlikely to change, since the government is quite happy with the current state of affairs. That’s what in an exclusive comment for LetKnow.News claims Yuri Dromashko, a professional miner.

    14 JUNE 2019

    Exclusive

    News

    Expert: When mining is banned in Russia, the first to suffer are "Putin's friends”
    Exclusive

    Expert: When mining is banned in Russia, the first to suffer are "Putin's friends”

    The inner circle of Russian president Vladimir Putin will be the first to suffer because of mining bans. That’s what in an exclusive comment for LetKnow.News said a professional miner Yuri Dromashko.

    13 JUNE 2019

    Exclusive

    News

    Expert: Hydroelectric power stations - the main source of energy for mining
    Exclusive

    Expert: Hydroelectric power stations - the main source of energy for mining

    For cryptocurrencies mining, the most important thing is cheap electricity, which is usually provided by hydroelectric power plants. That’s what Mikhail Korolev, the CEO 2Miners.com said in exclusive comments for LetKnow.News.

    12 JUNE 2019

    Exclusive

    News

    Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy

    Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy

    Cryptocurrency investment products and research firm CoinShares estimates that 74.1% of bitcoin (BTC) mining is powered by renewable energy in its bi-annual mining report published on June 5.

    10 JUNE 2019

    News

    New cryptocurrency mining malware is spreading across Thailand and the US

    New cryptocurrency mining malware is spreading across Thailand and the US

    With the infamous cryptocurrency mining script Coinhive now offline, you’d be forgiven for thinking crypto-jacking was a thing of the past. Sadly though, security researchers have uncovered a new malware family that’s attacking hardware to get it to secretly mine cryptocurrency.

    5 JUNE 2019

    News

    Top 6 Cryptocurrencies Worth GPU Mining in 2019

    Top 6 Cryptocurrencies Worth GPU Mining in 2019

    A lot of people are still interested in mining the different cryptocurrencies on the market today. When it comes to GPU mining, things are a bit different compared to what one might expect. There are still several currencies to GPU mine in 2019, although it will require some effort on behalf of the user to get everything set up properly.

    2 JUNE 2019

    Аrticles

    Turtlecoin Privacy Token at Heart of Cryptojacking Malware on 50,000 Servers

    Turtlecoin Privacy Token at Heart of Cryptojacking Malware on 50,000 Servers

    A recent analysis made by the cybersecurity group Guardicore Labs has discovered that as many as 50,000 servers around the world are currently infected with a malware that is being used for cryptojacking. These machines were mining a crypto called Turtlecoin(TRTL).

    30 MAY 2019

    News

    China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

    China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

    Government authorities in China’s Sichuan province are reportedly probing into local bitcoin mining farms that have allegedly been constructed without official approval.

    30 MAY 2019

    News

    Chinese Granny Caught Stealing Electricity to Mine Bitcoin

    Chinese Granny Caught Stealing Electricity to Mine Bitcoin

    An old woman aged 60 in China has been sentenced to detention for four months for stealing electricity to mine bitcoin, according to China Judgements Online, a website publishing courtdocuments of the whole country.

    23 MAY 2019

    News

    Australian Government Employee Charged With Mining Crypto at Work

    Australian Government Employee Charged With Mining Crypto at Work

    A 33-year-old Australian government employee has been charged after he was caught mining cryptocurrency at work.

    21 MAY 2019

    News

    Bloq Labs’ Titan Aims to Simplify Crypto Farming

    Bloq Labs’ Titan Aims to Simplify Crypto Farming

    Titan, a new product from Bloq Labs, aims to make it easier to set up and run new blockchain miners in global farms.

    20 MAY 2019

    News

    With renewed vigour: how miners earn during a bull rally
    Exclusive

    With renewed vigour: how miners earn during a bull rally

    After a sustained crash of the crypto market, many miners were forced to turn off their equipment. However, since the exchange rate of Bitcoin has exceeded $ 7,000, things have gone to get better for crypto miners.

    19 MAY 2019

    Exclusive

    Аrticles

    Bitcoin miners' revenue has doubled
    Exclusive

    Bitcoin miners' revenue has doubled

    Due to the rise in price of cryptocurrency, the incomes of Bitcoin miners has almost doubled. That’s what in an exclusive comment for LetKnow.News said Yuri Dromashko, a professional miner.

    17 MAY 2019

    Exclusive

    News

    Crypto Miners Dominate Top 10 List of Most Prolific Malware Threats

    Crypto Miners Dominate Top 10 List of Most Prolific Malware Threats

    A global threat report has concluded that the three most common malware variants detected in April were crypto miners, according to a news release on May 14.

    16 MAY 2019

    News

    With renewed vigour: how miners earn during a bull rally
    Exclusive

    With renewed vigour: how miners earn during a bull rally

    After a sustained crash of the crypto market, many miners were forced to turn off their equipment. However, since the exchange rate of Bitcoin has exceeded $ 7,000, things have gone to get better for crypto miners.

    16 MAY 2019

    Exclusive

    Аrticles

    Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

    Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

    Bitmain’s internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting that the industry giant has cut back on capacity.

    11 MAY 2019

    News

    Bitcoin Miner Hut 8 Reveals $136 Million Losses for 2018, Eyes Market Uptrend

    Bitcoin Miner Hut 8 Reveals $136 Million Losses for 2018, Eyes Market Uptrend

    Canadian bitcoin (BTC) mining company Hut 8 made almost $50 million in revenue last year but triggered total losses of almost $140 million, according to an annual earnings report released on May 6.

    9 MAY 2019

    News

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