Monero, the leading privacy-focused cryptocurrency, is facing one of the most serious security threats in its history. The Qubic project, led by IOTA co-founder Sergey Ivancheglo, says it now controls more than 51% of the network's hashrate. In blockchains protected…
Russian authorities have discovered over 8,000 miners engaged in illegal cryptocurrency mining in the Siberian crypto mining hub of Irkutsk. The region has banned the activity in parts of its territory to combat growing power shortages and grid disruptions caused…
The world of cryptocurrency mining is constantly evolving, and a recent announcement from Bitfarms illustrates this dynamic. The Nasdaq-listed Bitcoin mining firm made headlines for its significant BTC sales in the second quarter, demonstrating a strategic approach to managing digital…
Financial and law enforcement agencies in Kazakhstan have exposed a scheme for mining cryptocurrency using illegally obtained electricity. Officials say the damage caused by the criminals exceeded $16 million, noting that the electricity sold to mining farms in the eastern…
The world of digital assets just experienced a major change! Cango Inc. (NYSE: CANG), a company known for its services in the automotive industry, has made a bold move by confidently entering the world of cryptocurrency through a significant acquisition.…
Given the current price of Bitcoin and network difficulty, and with electricity costs as low as $0.02 per kilowatt-hour, a select group of mining machines are showing significant profits – here are the top 50 machines that performed exceptionally well…