In a landmark case, two individuals have been arrested and sentenced for stealing electricity to power their Bitcoin mining operation in Paraguay. Edgar Saavedra and Rodrigo Suares have become the first people in the country to face convictions for electricity theft for cryptocurrency mining purposes. The accused have been handed a two-year prison sentence which […]
Solutions are the key to digital currency moving forward. Compass Mining brokerage has announced a new plan to be a part of that innovation. A broker of Bitcoin (BTC) mining machines and hosting services, the company has begun to realize the need for repairs of the hardware and fees related. Though it’s not frequent, a […]
Compute North can’t seem to catch a break. A few months ago, it Declared bankruptcy, a result of the downfall surge. Now the popular Cryptocurrency company is losing its mining center in Kearney, Nebraska. Compute North had raised $385 million for constructing cutting-edge data centers for miners. This of course when Bitcoin was thriving. The […]
