Sentences with phrase «cryptocurrency mining operation»

The Board also took down LeadInvest that month, contending that the startup fabricated its management team and illegally solicited investors for a cryptocurrency mining operation and lending program.

that month, contending that the startup fabricated its management team and illegally solicited investors for a cryptocurrency mining operation and lending program.

The legal action by the State of South Carolina calls into question any cryptocurrency mining operation anywhere that allows US based individuals to back these operations if the company has not filed for an appropriate exemption.

Mid-December, South Korean authorities indicted over two dozen people over a multimillion - dollar scam associated with a cryptocurrency mining operation.

The Golden Fleece Project, a massively ambitious altcoin and cryptocurrency mining operation - is kicking off the first stage of its GFL ICO set...

What do you think about this case of a state employee secretly setting up a cryptocurrency mining operation at work?

Miner One is a cutting - edge, crowdfunded cryptocurrency mining operation built and managed by a team of data centre industry experts and professionals on behalf of the Miner One Community.

The MoonLite project is an industrial scale cryptocurrency mining operation focusing (initially, at least) on the mining of bitcoin, litecoin, and dash.

In the Village of Akron, a cryptocurrency mining operation requested a 5 MW increase in electricity delivery.

This has led to a phenomenon known as cryptojacking, where people's computers are hijacked to contribute to the attacker's cryptocurrency mining operation, without their knowledge.

Cryptocurrency mining operations in upstate New York have been driving up power bills for other customers.

The city council said it needs time to consider zoning laws and lighting regulations «before commercial cryptocurrency mining operations results in irreversible change to the character and direction of the city.»

Cryptocurrency mining operations, illegal or not, are becoming a real problem for the higher education sector, where hackers have found plenty of easy to hack systems, but also where students are using university resources to make an extra profit via deliberate cryptocurrency mining.

The Moonlite Project was born with the objective of becoming one of the largest cryptocurrency mining operations in the world.

China was said to be a dwelling to most of cryptocurrency mining operations before Beijing started discouraging it in 2017 as part of a huge crackdown on Bitcoin and other cryptocurrencies though it is still unclear how much of mining activity has moved offshore or been closed down.

Global expertise in scaling cryptocurrency mining operations is limited.

Much like the City of Plattsburgh, whose Common Council last month imposed a moratorium on new commercial cryptocurrency mining operations due to concerns over energy consumption and fire suppression, the Village of Rouses Point is allocated a comparatively small amount of cheap hydropower each month, around 13,844 kilowatts.

Cryptocurrency mining operations are using thousands of times more electricity than an average residential customer, potentially driving up rates for everyone.

Washington State's Chelan County shut down three rogue cryptocurrency mining operations due to the power draw and safety risk.

Hackers exploiting Jenkins servers made $ 3 million in one of the biggest malicious cryptocurrency mining operations ever.

Mining Online gambling entrepreneur and billionaire Calvin Ayre has announced his next business venture to be cryptocurrency mining operations.

Graphics processor makers especially found themselves between a rock and a hard place when gamers were unable to buy gaming GPUs because cryptocurrency mining operations bought out entire stores at a time — leaving gamers with no option but eBay.

These days, the tiny Alpine location is becoming famous for its cryptocurrency mining operations.

CoinDesk reported BTCC will continue cryptocurrency mining operations in China, plus keep the exchange platform live outside of China.

«Other cryptocurrencies, such as Monero, have far surpassed Bitcoin in terms of privacy and anonymity of transactions, which is an important consideration for cyber criminals exploiting devices for cryptocurrency mining operations,» said Goody.

According to RT, Russian businessman Aleksey Kolesnik has all but confirmed buying two power stations for cryptocurrency mining operations in the future — citing a report from local newspaper Kommersant.

Two Russian power stations will be transformed into cryptocurrency mining operations, according to local media reports.

Many of the biggest cryptocurrency mining operations are located in China, while others are scattered around the world.

It is easy to see how a confluence of factors has come together to make China the leading country for cryptocurrency mining operations.

Last week, the head of Kaliningrad Region Development Corporation, Vladimir Zarudny, talked about attracting cryptocurrency mining operations to Kaliningrad.

The Canadian province of Quebec has temporarily put a halt to the development of new cryptocurrency mining operations.

Earlier this month, regulators began pressuring local governments and utility providers to stop giving incentives to cryptocurrency mining operations, a policy that officials hope will make China less attractive to this burgeoning industry.

As Bloomberg noted, until early 2017 China was the biggest market for bitcoin trading on exchanges, and some of the largest cryptocurrency mining operations on the planet are located there.

By raising the capital required to operate a very large scale mining operation, Moonlite is positioning itself to be one of the few bitcoin and other cryptocurrency mining operations that can mine profitably at current levels and current prices.

It legalizes crypto activities, creating conditions for exchange services, initial coin offerings, and cryptocurrency mining operations.

Cryptocurrency mining operations have come a long way since the early days when bitcoin first came into the scene.

Recently, New York state Public Service Commission ruled that power companies can charge higher rates to cryptocurrency mining operations.

bleepingcomputer.com - Google announced that effective today, the Chrome Web Store review staff would stop accepting new extensions on the Web Store that perform cryptocurrency mining operations.

Not exact matches

China became a hub of Bitcoin mining in part because of cheap hydropower there, but power authorities there also moved to cut off supplies to cryptocurrency operations last November.

Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of computers.

Customers tend to fall into a few categories: early investors whose coins have soared in value; coin «mining» operations; and cryptocurrency business ventures, including other exchanges, hedge funds, and projects that have hosted «initial coin offerings.»

Hadley Stern of Fidelity Labs tells Fortune that the U.S. based mining operation is very modest, however, and the undisclosed profits — CEO Johnson reportedly told the conference the mining «is actually making a lot of money» — are mostly the result of cryptocurrencies» dramatic rise in value.

Fidelity's mining operations aren't the only way the company is gaining insights into cryptocurrency.

The entrepreneur explain that he «got out» of the Chinese bitcoin exchange business, and now instead focuses ambitions on an international trading platform, a mining and minting operation and a cryptocurrency wallet called Mobi.

The entrepreneur explain that he «got out» of the Chinese bitcoin exchange business, and now instead focuses ambitions on an international trading platform, a mining and minting operation and a cryptocurrency wallet

HashChain is a global blockchain company with cryptocurrency mining, accounting, and Masternode hosting services that began operations on November 3, 2017 and subsequently listed for trading on the TSX Venture Exchange on December 18, 2017.

HashChain is a blockchain company, and the first publicly traded (TSXV: KASH; OTCQB: HSSHF) Canadian cryptocurrency mining company to file a final prospectus supporting highly scalable and flexible mining operations across all major cryptocurrencies.

As part of the decree, cryptocurrency mining and other related operations are not considered entrepreneurial activities, which means that anyone is free to take part in transactions and exchanges.

Because it was possible to run large - scale ASIC mining operations, mining became a way for a few small groups of people to essentially control the monetary supply of various cryptocurrencies.

The company began as a bitcoin mining operation before pivoting to an alternative to email that awards cryptocurrency to prominent people who reply to unsolicited messages.