Block Reward Mining

Brunei’s national police shuts down 2 illegal block reward mining operations
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12 January, 2023

Brunei’s national police shuts down 2 illegal block reward mining operations

Law enforcement confirmed that block reward mining rigs and machines were discovered at the two locations, and both used illegal...
BTC miner Core Scientific to shut down 37,000 mining rigs owned by Celsius Network
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11 January, 2023

BTC miner Core Scientific to shut down 37,000 mining rigs owned by Celsius Network

Core Scientific has been in dispute with the bankrupt Celsius Network over the mining rigs, with the lender owing $7.8...
Compass Mining wins $1.5M settlement against hosting firm Dynamics Corp
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4 January, 2023

Compass Mining wins $1.5M settlement against hosting firm Dynamics Corp

Compass Mining filed the lawsuit in June after Dynamics terminated a hosting agreement with the miner—a rare win in a...
Chinese Communist Party official pleads guilty to aiding BTC miners
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4 January, 2023

Chinese Communist Party official pleads guilty to aiding BTC miners

Xiao Yi was the CCP Secretary in the City of Fuzhou from ‘18 to ‘21, and during that time, he...
Argo Blockchain sells Helios mining facility for $65 million to Galaxy Digital
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30 December, 2022

Argo Blockchain sells Helios mining facility for $65 million to Galaxy Digital

Argo sold the facility for $65 million while also securing an extra $35 million loan from the Mike Novogratz-owned firm...
Blockware sued by BTC mining client for fraud
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30 December, 2022

Blockware sued by BTC mining client for fraud

London-based Faes & Company claims that Blockware lied about owning hosting facilities and BTC mining machines' uptime and wants $250,000...