Mining

After months of circumspection, Vietnam has moved to stop imports of crypto mining equipment, according to the country's customs department.

Cuprum Group is a team of professionals in crypto and mining industries. Team members are IDACB experts, geologists with more than 20 years of experience, acclaimed engineers and top tier managers. They guarantee 250-350% in profits for the token buyers.

Several hackers are using a network of unprotected routers to circulate cryptocurrency-mining malware to users without any suspicion, security experts and researchers have revealed.

On July 29 last month, the Franklin Public Utility District (PUD), local Hydro Electricity Power (H.E.P) providers in the landly areas of Franklin County, Washington, U.S, proclaimed that they will temporarily halt the supply of power to Bitcoin miners within the city until formal communication is made. This has been done to assess the effect of Bitcoin mining activities on the power system.

A large-scale crypto scam has happened this very week, with news of 'a free game' that was on gaming platform steam  having been used to distribute crypto mining malware to very many users.

Google is set to get rid of all apps that involve digital currency mining in its Play store. The company explains that such programs endanger children and pose a threat to Android users. A new policy update, that bans crypto mining tools, was released last week.

Crypto mining is both heat and power intensive. Several miners have been bunching to countries and cities such as Iceland, New York. TMGcore, Texas-based blockchain platform, is bringing something different.

The mastermind behind the detestable bitcoin Ponzi GainBitcoin has proposed to reimburse thousands of victims who encountered losses during the blueprint that consisted of an initial of almost $150 million in cryptocurrency.

As Bitminer Factory is approaching the launch of their ICO — Initial Contract Offering on the 21st of July, here is an overview of the work our Operations Team is undertaking this month.