Prosecutors claim the “cryptojacking” scheme stole cloud computing resources to mine nearly $1 million worth of crypto.
Cloud Mining News
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Io.net will support Apple silicon chips, allowing users to use the hardware for machine learning applications.
9219Ivan Turogin and Sergei Potapenko face 18 charges in the United States and long prison terms for allegedly making HashFlare a Ponzi scheme.
7818Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.
5166Io.net has built a decentralized physical infrastructure network that will source GPU computing power for AI and machine learning.
7456Iris Energy has invested $10 million in the latest generation of Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining.
36786Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million.
2205Cryptocurrency mining firm Argo Blockchain has reduced its debts to $75 million through the first half of 2023.
2964The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks.
5255Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.
6934Beginning June 15, users who are interested in Bitcoin mining but who lack the equipment can subscribe to Binance’s cloud mining services.
19731The company ceased its Ether mining operations long before the Merge Upgrade was completed.
5916Join us as we discuss whether cryptocurrency mining is still worth it in 2023 and all the latest updates regarding the mining industry.
9134Bitfufu’s plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain.
4206Users' subscriptions to cloud mining products have been extended for three days due to the power outage.
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