Illegal Bitcoin Mining Operation Tapping Cheap Power Busted in South Korea

News – CCN

Illegal bitcoin Mining Operation Tapping Cheap Power Busted in South Korea

South Korean police have arrested over a dozen individuals involved in an illegal bitcoin mining operation that used cheap electricity afforded to industrial complexes. The metropolitan police agency of Gwangju, a city in country’s south, has revealed details of alleged illegal mining activities undertaken by 14 individuals from 14 companies in four separate industrial complexes

The post Illegal Bitcoin Mining Operation Tapping Cheap Power Busted in South Korea appeared first on CCN

more info…

You might be interested in …

January 4, 2019

Chatter Report: Sechet Claims Cashaccount a Potential ‘Privacy Disaster’, Voorhees Defends Coinbase

Chatter Report: Sechet Claims Cashaccount a Potential ‘Privacy Disaster’, Voorhees Defends Coinbase News In today’s roundup of crypto chatter, Jonathan Silverblood responds to Amaury Sechet’s privacy concerns with Cashaccount. Erik Voorhees defends Brian Armstrong from […]

December 10, 2018

Canadian City Calgary Launches a Digital Currency to Boost Local Economic Activity

Crypto New Media Canadian City Calgary Launches a Digital Currency to Boost Local Economic Activity Calgary has become the first Canadian city to launch a digital version of its local currency. Known as the Calgary […]

December 10, 2018

The Daily: Virtual Land Auction Goes Live, How the Crypto Crash Affects Miners

bitcoin News The Daily: Virtual Land Auction Goes Live, How the Crypto Crash Affects Miners From mining virtual currencies to purchasing virtual land, Monday’s episode of The Daily spans very different regions of the cryptosphere. […]