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Masked Men Rob Large Crypto Mining Farm Near Moscow


Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers...

Drake Gets $8000 Gaming PC Just To Gamble In A Browser


While you’d all be aware that celebrities, despite their wealth, are given expensive shit for free all the time, today we’re going to take a look at one gift in particular. Partly because it’s a gaming PC, but also because we kinda have the receipt for it as well.Read more

Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot


Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg...

Tencent Launches Extended Reality Unit to Tackle the Metaverse Market


Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According...

Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital


Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth...

Crypto Miners Are Dumping Tons Of GPUs, So Maybe You Can Finally Get One


The crypto market is continuing to fall, which has led a ton of miners to exit the market or to downscale their operations, thus finding themselves in possession of valuable computer components that they now no longer need. Some such miners, many from China and South Asia (where electricity...

Binance Reveals Incident That Forced It to Freeze BTC Withdrawals


In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...

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