The 39-year-old founder of Russia’s largest crypto miner was detained Friday and accused of concealing assets, as BitRiver also faces insolvency claims and operational strain.
Residents of North Tonawanda, New York, say they can no longer enjoy the quiet of their own homes due to a cryptocurrency mining facility operating under the name DigiPower X, formerly DigiHost.
Cryptocurrency mining has a reputation as being bad for the environment. Traditional crypto mining, which was once a niche activity, has grown into an energy-intensive global industry, often powered ...
Bitcoin mining operations are highly flexible and interruptible. An operation can ramp up and shut down in seconds to minimal loss. Miners, or digital miners of Bitcoin and other assets, are ...
Entrepreneurs are racing to repurpose and capitalize on heat that is wasted in cryptocurrency mining. Bitcoin mining generates enough heat annually for Finland's needs, but most goes up into the air, ...