Tag Archive: Iceland

  • Mining, News, News teaser

    Iceland’s Crypto Mining Theft Mastermind Rearrested after ‘Daring’ Prison Escape

    The alleged organizer of a string of computer thefts in Iceland has been arrested in Amsterdam after going on the run from an Icelandic prison. The computers in question were used for cryptocurrency mining operations. Escaping from prison tends to conjure up images of blueprints tattooed on your body, or perhaps using a teaspoon to slowly tunnel through the ground and eventually crawl out to freedom. For Sindri Thor Stefansson, however, he just had to

    · April 24, 2018 · 3:00 pm
  • MoonLite Confirms Power & Distribution for Massive Mining Operation in Iceland Altcoin News, Bitcoin, Mining, News, News teaser, Sponsored Article

    MoonLite Confirms Power & Distribution for Massive Mining Operation in Iceland

    The MoonLite Project, which aims to dominate the cryptocurrency mining industry through the creation and operation of multiple industrial-scale data centers powered completely by green energy, has secured both power and distribution in a highly-competitive region of Iceland. Making Connections The MoonLite Project is based in the Keflavik — an area of Iceland which already houses a number of prominent data centers and is conveniently located near the main international airport. Securing energy in this

    · March 17, 2018 · 7:00 pm
  • MoonLite Aims to Dominate the Cryptocurrency Mining Industry with Green Energy Altcoin News, Bitcoin, Mining, News, News teaser, Sponsored Article

    MoonLite Aims to Dominate the Cryptocurrency Mining Industry with Green Energy

    The MoonLite Project aims to dominate the cryptocurrency mining industry through the creation and operation of multiple industrial-scale data centers powered completely by green energy – with plans to primarily mine Bitcoin, DASH, Litecoin, and Ethereum. Big Dreams, Bigger Reality The MoonLite Project has set out to become the dominant cryptocurrency mining company in the world by utilizing the latest emerging technology, operating as efficiently as possible, and utilizing an industry-leading team of experts. Most

    · March 11, 2018 · 5:00 pm
  • Iceland bitcoin mining computer heist Bitcoin, Hardware, Mining, News, News teaser

    Thieves Steal 600 Bitcoin Mining Computers

    The largest theft in Iceland’s history occurred recently when thieves stole 600 computers that were used for Bitcoin mining from data centers. When one hears of a crime ring pulling off major heists, the least likely location for such a circumstance would be the island nation of Iceland. The sparsely populated country of 348,680 people is most famous for being the birthplace of Bjork. However, Iceland was recently hit with its biggest crime wave ever

    · March 3, 2018 · 5:00 am
  • A Washington County is Taking Steps to Halt Illegal Cryptocurrency Mining Bitcoin, Mining, News, News teaser

    Bitcoin Mining is Booming in Iceland, But at What Cost?

    Bitcoin mining is booming in Iceland. Problem is, they don’t have enough energy to go around, and not everyone in the government is on board. Black Out Mining bitcoin – the process of confirming transactions across the blockchain – is an incredibly energy-consuming process. To meet the computational demands needed to actually turn a profit from cryptocurrency payouts, miners require top-tier hardware and cheap energy. Iceland provides the latter, but there isn’t enough for everyone.

    · February 13, 2018 · 12:00 pm
  • Illegal Bitcoin, Bitcoin Education, Bitcoin Regulation, Emerging Markets

    Bitcoin is Still Illegal in These 6 Countries

    As the Bitcoin revolution continues to spread throughout the world, there are still some places where buying or using Bitcoin is illegal and can get you in trouble. Bitcoin Still Illegal in Some Countries As Bitcoin’s popularity continues to grow throughout the world, some governments are beginning to realize its benefits and potential and are integrating Bitcoin and cryptocurrencies in their economy, rather than trying to punish those that use it with restrictive policies and exaggerated

    · May 18, 2017 · 9:30 am
  • Iceland Pirate Party Bitcoin, Legislation

    Bitcoin-Friendly Pirate Party May Win Iceland Elections Saturday

    Iceland’s Pirate Party, part of a worldwide movement representing hackers, anarchists and Bitcoin enthusiasts, could possibly lead the country’s next government after Saturday. Current opinion polls have it ahead of any other party. Also read: Only Permissioned Blockchains Can Transform Finance, Says Chain’s Ludwin Although eight parties appear on the polling chart, under a parliamentary system it’s usually the largest party that has the opportunity to form a government first. Unlike the U.S. and U.K., it’s

    · October 27, 2016 · 5:00 am
  • Bitcoin Industry Report Bitcoin, Blockchain Technology

    Industry Report: Lawyers Defending Digital Currency Users

    Dubai looks to operate fully via blockchain, lawyers unite to aid digital currency users, and Iceland is interested in Auroracoin. Want to catch up on your latest digital currency and tech news? Read the following stories. Also read: Industry Report: Deutsche Bank Bailout Unlikely DUBAI Dubai is looking to place all its documentation on a blockchain by the year 2020. The announcement came by way of Prince Hamdan bin Mohammed, who also supports full, blockchain-based

    · October 8, 2016 · 9:50 am
  • iceland Altcoin News, Altcoins, Legislation

    Iceland Election Rekindles Interest in Nationalist Auroracoin

    The financial crisis of 2008 bankrupted the tiny country of Iceland, and a few years later a digital currency called Auroracoin was released to all residents as a way to change how they approached money.  Many saw it as potentially becoming the first national digital currency, but it never reached its full potential.  Now, renewed interest in Auroracoin is putting it back into the minds of those in the crypto world. Also read: Bitcoin Uncensored 49: A New

    · October 5, 2016 · 7:47 am
  • Logos Fund Bitcoin, Bitcoin Businesses, Bitcoin Investment, Bitcoin PR Buzz, Companies, Mining, News, News teaser, Start-Ups

    Logos Fund: World’s First Bitcoin Mining Fund

    Leading cloud mining company Genesis Mining has announced the launch of Logos Fund, the world’s first bitcoin mining fund. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. Genesis Mining Launches Logos Fund The fund, called the Logos Fund, filed Form D with the SEC with the United States Securities and Exchange Commission last

    · March 10, 2016 · 1:00 pm