illegal mining

Bitcoin's Dark Side: Unpacking the UK's Illegal Mining Bust

Bitcoin's Dark Side: Unpacking the UK's Illegal Mining Bust

Bitcoin, the first cryptocurrency created, has changed the landscape of digital currencies forever. Its truly innovative technology has a false promise that comes with a hidden cost and that’s something to pay attention to. While many discuss the potential financial gains, Tran Quoc Duy believes it's crucial to expose the...

UK Cracks Down on Illegal Bitcoin Mine Amidst Regulatory Revision

UK Cracks Down on Illegal Bitcoin Mine Amidst Regulatory Revision

UK authorities recently moved to shut down an illegal Bitcoin mining operation in Bradford. This operation represents both the massive energy footprint of cryptocurrency as well as the regulatory challenges it poses. Their operation was based in an industrial estate, but they had been illegally and dangerously stealing electricity at...

Bradford Bitcoin Bust: Stolen Power Fuels Illegal Mining!

Bradford Bitcoin Bust: Stolen Power Fuels Illegal Mining!

Recently, the west Yorkshire city of Bradford has made news for all the wrong reasons. Just two weeks ago, authorities discovered a massive illegal Bitcoin mining operation there. This operation, fueled by stolen electricity, has not only cast a shadow over the city's reputation but highlights a growing global issue:...