Qiwi's CTO to Mine Hiddenly 500k BTC in 2011

According to 25/07/2018 rate, 500 000 Bitcoins is more than $4 000 000 000
25 July 2018   1685

For three months of 2011, the Russian payment service  Qiwi employee mined over 500,000 bitcoins on the self-service terminals of the company. This is reported by vc.ru.

The security service of the company drew attention to the fact that at night the terminals transmitted information, and their load increased.

It took three months to find out why. As it turned out, the technical director of Qiwi installed on the terminals applications for bitcoin mining.

Director of Qiwi demanded the return of the bitcoins, arguing that the resources of the company were used for their extraction. But the miner left without ever following his request. His fate remains unknown.

According to Sergei Solonin, CEO, the company did not incur direct losses from the activities of the ex-employee. However, tenants of terminals that paid for electricity could suffer.

After exposing Qiwi employee, Solonin ordered to mine at all the company's terminals. However, the idea could not be realized, due bitcoin mining difficulty increase.

Bitmain to Launch Mining Centre in Texas

According to the company's plans, the farms capacity can reach 300 MW, which will make it the largest in the world
21 October 2019   30

Bitmain has completed the construction of a 50 MW mining center in Rockdale, Texas.

In the future, the farm's capacity can reach 300 MW, which will make it the largest in the world, according to Bitmain.

The company will create new jobs in the region. Together with local authorities, the company also organizes training for specialists in the field of blockchain technology and the maintenance of data centers.