• Marathon buys 70000 bitcoin miners
    Bitcoin,  Technology

    U.S. firm buys 70,000 Bitcoin miners for $170 million

    The order by crypto miner Marathon Patent Group is reportedly the largest order in dollar terms ever received by leading mining ASIC producer Bitmain

    Following the delivery of the order of the application-specific integrated circuit (ASIC) mining rigs, Marathon Patent Group will reportedly control over 103,000 miners capable of producing 10.36 exahertz (EH/s).

  • Technology

    MouseBelt launches start-up school for blockchain builders

    The Blockchain accelerator’s free educational initiative for pre-investment entrepreneurs joins other community programs like its Blockchain Educational Alliance and Reimagine 2020 virtual conference series

    The free start-up school will accept 100 project planners, generally in four-person teams. The school does not focus on project development but rather on helping fledgling founders with the “knowledge and skills necessary to prepare for investment or placement in accelerator programs.”

  • Russian power firm fights illegal miners
    Bitcoin,  Technology,  Uncategorized

    Russian power firm: illegal crypto miners steal $9.5M

    Russian power grid firm Rosseti fears that record high prices will encourage illegal Bitcoin miners and threatens to disrupt the country’s electrical grid

    Russian power firm Rosseti is afraid that record-high Bitcoin (BTC) prices may spur a new wave of illegal cryptocurrency mining operations stealing electricity and threatening to disrupt Russia’s electrical grid.

  • Ledger customer fear safety
    Cryptocurrencies,  Technology

    Hacked Ledger customers fear for safety

    The leading hardware wallet’s customers’ personal information was hacked in June. That included physical address that have now been leaked publically—opening them to phishing attacks and even personal danger

    The document contains all the data of nearly 273,000 orders—including full name, physical address, email address, and phone number. This data could be used for more advanced scams or the basis for an identity theft.