China ramps up hunt for illegal cryptocurrency mining

China ramps up hunt for illegal cryptocurrency mining

Some Chinese crypto mining tycoons have fled the nation, whereas others have been locked up on fraud and cash laundering costs. China is ramping up its hunt for illegal cryptocurrency miners, who’re... Read more »
Iran Shuts Down More Illegal Crypto Farms, Bringing Total To Over 5,300 – Mining Bitcoin News

Iran Shuts Down More Illegal Crypto Farms, Bringing Total To Over 5,300 – Mining Bitcoin News

Authorities in Iran are persevering with their crackdown on unauthorized cryptocurrency mining as electrical energy demand stays excessive. The nation’s energy utility firm has to date closed down greater than 5,300 unlawful... Read more »
Illegal crypto mining not the cause of power shortages in Iran, ministry says

Illegal crypto mining not the cause of power shortages in Iran, ministry says

Iran’s Ministry of Industry, Mine and Trade reportedly dismissed claims by main power firm Tavanir that blamed unlawful cryptocurrency miners for the ongoing power shortages in the nation. According to a report... Read more »
Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners – Mining Bitcoin News

Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners – Mining Bitcoin News

Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming unlawful cryptocurrency miners for the persevering with electrical energy shortages within the nation. The division believes the state-run utility firm, Tavanir,... Read more »
Spanish Police Raid Suburban House Allegedly Running Illegal Crypto Operation, Seize Over 100 Miners

Spanish Police Raid Suburban House Allegedly Running Illegal Crypto Operation, Seize Over 100 Miners

Spain’s National Police say they’ve dismantled an alleged unlawful cryptocurrency mining operation that was being run from a residential property. A tweet from Spain’s National Police account says that over 100 machines... Read more »
Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date – Mining Bitcoin News

Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date – Mining Bitcoin News

The Security Service of Ukraine (SBU) has positioned an enormous coin minting facility that was illegally linked to the facility grid in Vinnytsia. Law enforcement officers declare it’s the most important underground... Read more »
Ukrainian Security Service (SBU) exposes illegal crypto mining farm

Ukrainian Security Service (SBU) exposes illegal crypto mining farm

TL;DR Breakdown SBU exposes the biggest illegal crypto mining farm in Ukraine thus far The perpetrators have been charged in keeping with the Criminal Code of Ukraine The struggle towards illegal miners... Read more »
Ukraine Security Service shuts down illegal crypto farm, confiscates mining rigs

Ukraine Security Service shuts down illegal crypto farm, confiscates mining rigs

A crypto farm working illegally was uncovered and finally shut down by the Security Service of Ukraine (SBU). According to Forklog, the ability was positioned north of the nation, notably in Chernihiv,... Read more »
Ukraine Shuts Down Illegal Mining Farm With 150 Rigs – Mining Bitcoin News

Ukraine Shuts Down Illegal Mining Farm With 150 Rigs – Mining Bitcoin News

Law enforcement officers in Ukraine have closed down a cryptocurrency mining farm that was minting digital cash utilizing stolen electrical energy. The facility had greater than 150 mining rigs which were confiscated... Read more »
Richardson man known as ‘Doctor Bitcoin’ pleads guilty to illegal cash-to-cryptocurrency business

Richardson man known as ‘Doctor Bitcoin’ pleads guilty to illegal cash-to-cryptocurrency business

A Richardson man who goes by the nickname “Doctor Bitcoin” has pleaded guilty to illegally working a business that transformed money to cryptocurrency. Mark Alexander Hopkins, 42, was indicted in March on... Read more »