In what has been coined the “big bitcoin heist,” 600 computers used for bitcoin mining have been stolen from data centers across Iceland. Authorities in that sparsely populated island nation on the Arctic Circle say that it’s the largest series of robberies ever to hit Iceland. Police there believe that these thefts are tied to ... Icelandic Bitcoin mining equipment thief, Sindri Þór Stefánsson, was sentenced to four and a half years in prison on Jan. 17th. He was re-apprehended in the Netherlands after he fled custody and boarded a flight to Stockholm from Reykjavik in April 2018. Stefánsson made headlines in February last year when he stole Bitcoin mining equipment reportedly totaling $2 million in a string of ... Binance buys virtual property in blockchain game The Sandbox. Charlie Lee, Adam Back Lead $3.1M Private Token Raise for Blockchain Game Infinite Fleet . Bitcoin Cash Games Launches $3K Leaderboard Tournament to Celebrate the 3rd BCH Anniversary. Legend of Mir team expands into blockchain game development. Gambling. Latest. Early Bitcoiner got into the space due to his lack of Blackjack skills ... As the value of bitcoin is constantly rising, this has given the incentive to bitcoin miners to expand operations. Currently, the cost of a single bitcoin is worth around $8000 and is still enticing enough for more people around the world to trade in bitcoin. Ankita Awasthi. Ankita is reading geek by birth, she loves to read and write about finance and now cryptocurrencies and blockchain since ... Foiled supercomputer Bitcoin heist in Russian nuclear no-man’s land. In February, Russian security agents scored a coup against a group of nuclear engineers at a top-secret nuclear warhead facility who tried to use one of the country’s most powerful supercomputers to mine Bitcoin (BTC). The engineers worked at the Federal Nuclear Center in the western city of Sarov — formerly one of the ... Foiled supercomputer Bitcoin heist in Russian nuclear no-man’s land. In February, Russian security agents scored a coup against a group of nuclear engineers at a top-secret nuclear warhead facility who tried to use one of the country’s most powerful supercomputers to mine Bitcoin . The engineers worked at the Federal Nuclear Center in the western city of Sarov — formerly one of the ... Because of the unique nature of Bitcoin, the theft of 600 devices used for mining, provides the thief with the potential to profit much more than the value of the rigs themselves. What’s more, because Bitcoin is a borderless currency, both Iceland and China will be investigating the case in tandem, which is becoming a common occurrence in the new-age of crypto criminal cases.
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