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Bitcoin SCAM ALERT: Chabat Mining Cloudmining Service Unexpectedly Goes …
bitcoinexchangenews.com

In yet another case of suspicious cloudmining scandal, it looks like Chabat Mining is down for the count with no signal or sign of life. Additionally, it seems as though they aren't paying out to those that held contracts on their site who can no …

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Bitcoin Miner ZeusHash Faces Cloud Service Shutdown
bitcoinexchangenews.com

ZeusHash, the cloud mining service operated by mining hardware company ZeusMiner, has announced that it may be forced to shut down its bitcoin cloud mining operations. The news comes weeks after ZeusHash announced that it would suspend its scrypt …

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CEX.io Halts Cloud Mining Service Due to Low Bitcoin Price
bitcoinexchangenews.com

The company stated in a 12th January blog post that it is no longer profitable, blaming declining revenues amid a dropping bitcoin price. CEX chief information officer Jeffrey Smith told CoinDesk that operations would resume if the price of bitcoin …

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Wallet Breach Causes Bitcoin Exchange Bitstamp to Temporarily Suspend Service
bitcoinexchangenews.com

bitstamp temporary suspension Bitcoin exchange Bitstamp has temporarily suspended service as a result of a confirmed Bitcoin wallet breach. Earlier today, Bitstamp started by taking unusually long to process bitcoin withdrawals. Later, Bitstamp also …

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Modeling Bitcoin Mining and Denial of Service
bitcoinexchangenews.com

One form of banditry are attacks on mining pools, either by stealth or brute for DDoS. We know that this happens, but the nature of such conflict, as well as quantified fallout, are not well understood. When Bitcoin Mining Pools Run Dry (pdf) is a …

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Bitcoin Cloud Mining Service Craters: How Can You Tell the Difference Between …
bitcoinexchangenews.com

Andresen said to make money in bitcoin mining, you've got to have an angle. “My advice for individuals thinking about mining is the same now as it was back then: don't do it unless you have some competitive advantage. If you have access to very cheap …

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Bitcoin exchange Coins.ph launches 24/7 ATM payout service
bitcoinexchangenews.com

This year, Bitcoin exchange and wallet service Coins.ph launched their new cash payout option, providing a cheaper and more convenient alternative. Using the remittance system, Coins.ph wallet users can transfer any amount of money between P500 and …

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Marshals Service Holds Second Bitcoin (BTC) Auction Worth $20 Million
bitcoinexchangenews.com

The United States Marshals Service (USMS) will put to an auction 50,000 bitcoins (CURRENCY:BTC) seized from the Silk Road operation last year. Worth about $20 million, the bitcoins will be auctioned off in December. Silk Road operated as an online …

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