BTC-E: "Vinnik never was the member of our team"

According to official statement of the service, Vinnik never was a member of their team and they are going to set exchange live or refund the assets
31 July 2017   2343

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

BTC-e representatives promised to return all lost funds to investors. Additionally, theystated that Alexander Vinnik had never been the head or employee of their service. The official statement was posted on the Bitcointalk forum and shared thru official Twitter.

According to a Bitcointalk forum, at 25th of July, the FBI agents seized all the equipment from their datacenter.

Servers contained databases and wallets of our service. We could not get any information from our hosting provider for six days. Because of this we can publish this message only now. On 28th of July, the domain was confiscated. At the moment, part of the service is arrested by the FBI.

BTC-e team (translated from Russian)


Distributed database that is used to maintain a continuously growing list of records, called blocks

They also announced that in nearest 1 or 2 weeks team will estimate the amount of funds, which was seized by the FBI and what amount is available for refund. If team will not be able to start service again, "from the 1st of September we will start the refund process"

Additionally, BTC-e officially stated that "Alexander (Vinnik) never was a member a leader or a member of our team."

Alexander Vinnik was arrested 25th of July in Greece. BTC-e is unavailable from 25th too. Official reason is maintenance. According to the experts, BTC-e was used to cash 95% of ransomware payments. Also, a group of enthusiasts connected Vinnik with Mt.Gox.

Giant Mining Solar Powered Farm to Created in California

Plouton Mining will allocate solar panels on 49 acres and it's planned they should generate about 10-13 megawatts per day, working for an average of 12 hours
26 June 2019   54

Plouton Mining, a subsidiary of Plouton Group Holding, intends to open the largest Bitcoin farm in North America for mining, whose operations will be provided by solar energy. To this end, the firm chose a territory in the western part of the Mojave Desert, California.

Plouton Mining will place solar panels on 49 acres: they should generate about 10-13 megawatts per day, working for an average of 12 hours. The company stressed that Western Mojave receives sunlight for 70% of the year.

The company will also sign the necessary contracts with local electricity suppliers in order to operate the farm in the absence of solar radiation.

Meanwhile, the bitcoin hashrate has again updated the historical maximum at 66.666 EX / s.