Qihoo 360 found that 109,000 mining IP addresses were active daily on average in November, mostly in the provinces of Guangdong, Jiangsu, Zhejiang, and Shandong, the company said. Miners mainly use home broadband, enterprise-dedicated internet connections, and data centers, Qihoo 360 said. Source link … [Read more...] about Chinese Cybersecurity Firm Qihoo 360 Says It Has Built Crypto Mining Monitoring Software to Support Crackdown
Mining
$3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal
In a filing with the United States Securities and Exchange Commission on Tuesday, special purpose acquisition company, or SPAC, Adit EdTech Acquisition Corp, announced it would merge with Cincinnati-based Bitcoin (BTC) miner Griid at a $3.3 billion enterprise valuation. SPACs are blank check companies created for the sole purpose of acquiring other firms. After the deal … [Read more...] about $3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal
Acid, Bitcoin mining and a bad trip to North Korea
Ethan Lou is a journalist turned Bitcoin miner turned two-time author whose latest book, Once a Bitcoin Miner: Scandal and Turmoil in the Cryptocurrency Wild West, is a modern western recount a gloomy millennial’s rebirth in the wild west of crypto — complete with scammers, party drugs and a North Korean crypto conference.“Want to go to a crypto conference in North Korea in … [Read more...] about Acid, Bitcoin mining and a bad trip to North Korea
Multiple Mining Pools Are Facing Connectivity Issues
A large part of the pools’ operations are located in China, which has vowed to eliminate crypto mining. While their hashrate does not come only from China, and they have said they plan to exit the country by year-end, the publication of material in Mandarin could be interpreted as courting its population. Source link … [Read more...] about Multiple Mining Pools Are Facing Connectivity Issues
Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running
As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation “Looking into the future, we will have to make an unpopular decision about the construction of a nuclear power plant,” said Tokayev in a bankers meeting held in Almaty last … [Read more...] about Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running