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Tag Archives: Miner

Suspect From Iceland Bitcoin Miner Theft Escapes Prison

A suspect being held in connection with a massive Bitcoin miner theft in Iceland earlier this year has escaped prison, local news the Iceland Monitor reports April 17. Sindri Þór Stefánsson escaped from from Sogni prison last night and police have confirmed that he fled Iceland to Stockholm, Sweden. The fugitive was reportedly using another man’s passport when he boarded ...

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Taiwanese Gangsters Shoot Bitcoin Miner, Who Blames China’s Crackdown

Join our community of 10 000 traders on Hacked.com for just $39 per month. Taiwan’s newspaper, Liberty Times Net, has reported that two people shot a bitcoin miner when he refused to fulfill their original contract. Suspects Gao Qitang and Chen Yumin shot Wu Nan (nicknamed “milk”) at the Longhua Hall in Banqiao, New Taipei City on Apr. 14. Under their agreement, Gao ...

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Samsung Produces ASIC Chips For New Halong Bitcoin Miner

Crypto mining distributor MyRig recently revealed that electronics giant Samsung supplies the ASIC chips for Bitcoin (BTC) miners made by Halong Mining, according to a tweet from MyRig April 10. On Tuesday, MyRig tweeted an image of a company representative holding a plate of semiconductor material used in the production of integrated circuits. The firm said that the piece of ...

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Malicious Miner Exploits Verge Network for Seven-Figure Payday

Join our community of 10 000 traders on Hacked.com for just $39 per month. Privacy-centric cryptocurrency Verge (XVG) has adopted an emergency hard fork to address a bug that allowed a malicious miner to exploit the network’s mining algorithm for a seven-figure payday. The attack appears to have first been discovered by BitcoinTalk user ocminer — the operator of altcoin ...

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Antminer E3 | Bitmain Releases Ethereum ASIC Miner

It’s official: Bitmain has released its Ethereum ASIC miner – the Antminer E3. The Antminer E3 will use the hashing algorithm Ethash, making it the first Ethereum ASIC miner to hit the market. It will have a power consumption of 800W and a hashrate of 180 MH/s. However, the Bitmain website states that “these are the conservative estimates. [They] expect ...

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Bitmain Has Developed an Ethereum ASIC Miner, Wall Street Analyst Claims

Join our community of 10 000 traders on Hacked.com for just $39 per month. A leading Wall Street research firm has slashed price targets for leading chipmakers Nvidia and AMD, claiming that it has received confirmation that cryptocurrency mining hardware manufacturer Bitmain has begun producing Ethereum ASIC miners. Writing a Monday note to clients, Susquehanna analyst Christopher Rolland said that ...

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Bitcoin Price Retreat Digs Into Bitcoin Miner Profits

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin miners may be turning off their machines, at least until the bitcoin price rebounds. It’s no secret the BTC price has been in a rut, which has dampened investor sentiment but now it’s also interfering with the plans of ambitious mining projects that have flooded the ...

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