Cryptocurrency Miners Vanish in Sweden, Leaving Big Electricity Bill

The Swedish county of Norrbotten has seen the failure of not one, but two recent cryptocurrency mining initiatives. The companies involved have simply disappeared leaving only unpaid bills in their wake. Above the Arctic Circle, Sweden The most northerly Swedish county, over half of Norrbotten’s area lies within the arctic circle. Cool conditions for mining cryptocurrency, […]

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Principle Fired for Mining Cryptocurrency at a School in China

A Middle School principle in China was fired after staffers uncovered a cryptocurrency mining scheme utilizing school computers. Local media in China have begun to write about a foiled cryptocurrency mining scheme organized by the principal of Puman Middle School. The man utilized school computers for the task. According to reporting from the BBC, Lei Hua […]

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Mining Crypto and Evading Sanctions in North Korea

Cybersecurity and anti-money laundering experts believe that North Korea could be using cryptocurrencies to acquire USD. The country is likely developing its own cryptocurrency and private blockchain. Mining Crypto to Evade International Sanctions Experts from MirandaFinIntel Consulting recently told Asia Times, that North Korea has increased its use of cryptocurrencies for accessing U.S. dollars and […]

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