TeraWulf, a leading bitcoin mining company, has announced that it has energized nearly 8,000 bitcoin mining rigs at its Nautilus facility in Pennsylvania. The company has partnered with Energy Harbor to power the facility with nuclear energy, making it one…
A hidden cryptocurrency mining operation discovered inside Cohasset school
A former town employee from Cohasset, Massachusetts, named Nadeam Nahas, was scheduled to appear in court on Thursday as a suspect in an alleged cryptocurrency mining operation that was illicitly connected to the electrical system of Cohasset Middle High School.…
The Crypto Winter is Increasingly Freezing the New York Bitcoin Mining Industry
The city of New York is currently seeing a heavy decline in crypto mining activity which has been precipitated by the enduring crypto winter. New York City and its environs was just the perfect operating ground for crypto miners during…
Norway Scraps Electricity Subsidies for Norwegian Bitcoin Mining Firms
Aftenpost, Norway’s largest newspaper, has confirmed that the Norwegian government will stop giving electricity subsidies to crypto mining firms in the country. Bitcoin mining firms in the country had been paying a lowly $0.05 per kilowatt which will soon rise…
Iceland Soon to Shift from Crypto Mining to Pure Blockchain Business According to Insiders
The small country of Iceland is on the news again. After the county went onto the spotlight two years ago after a dominant display by the Men’s football national team at the FIFA Euro 2016 grand stage and subsequently at…