Taiwan investigates triad members for crypto mine fraud
The group's leader is reportedly part of the largest criminal organization in Taiwan and allegedly stole millions from crypto mine investors.
64 stories, newest first
The group's leader is reportedly part of the largest criminal organization in Taiwan and allegedly stole millions from crypto mine investors.
— California, Crime
The two Patterson school district officials embezzled up to $1.8 million using a fake CEO and funneled electricity to a secret crypto mine.
US-based crypto miners will share their energy consumption with the Department of Energy as part of its efforts to "generate credible data."
— Mining, Regulation
Russia is proposing legislation which would give crypto miners benefits similar to gas exports, amid a process of regulating the industry.
An Icelandic power plant relied upon by crypto miners is reportedly under threat from a volcano scientists say is likely to erupt.
— Bitcoin, Marathon Digital Holdings
Publicly traded Marathon Digital activated experimental software and accidentally mined an invalid block, costing it over $150,000.
"What’s going on?” wrote one X user, while another asked, “you really trying to pass that off as not photoshopped?”
Many believe that Bitcoin users send transactions directly to miners or pool operators. However, things are a little more random than that.
New York Times staff have a decidedly negative take on Bitcoin mining with much of the outlet's coverage skeptical of proof-of-work.
Bitcoin mining pool operators calculate payouts using pay-per-last-N-shares, full-pay-per-share, or pay-per-share plus.