Tag: Mining

Iceland Lawmaker Suggests Tax On Bitcoin Miners

Due to Iceland being a hotspot for cryptocurrency mining operations, thanks to the abundance of energy and natural cooling provided by arctic air, one lawmaker has suggested taxing on companies that mine Bitcoin. Smari McCarthy justified this tax because “”Under normal circumstances, companies that are creating value in […]

Cryptojacking Malware Turns Government Websites Into Mining Rigs

Over 5,000 websites, including the UK Student Loans Company, the United States Courts page, and some English council’s sites, were infected with the malware known as Coinhive, to hijack the processing power of personal electronic devices in order to mine cryptocurrency. According to the Guardian “The cryptojacking script was inserted […]

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