Hashflare, a so-called "cloud mining" service that allowed speculators to effectively rent processing power on the Bitcoin network, announced Friday that it had shut down its Bitcoin mining hardware ...

Cloud mining, or remote cryptocurrency mining, is a contentious topic. Using a remote server to mine currency for you seems perfect for people who don’t have the money or time to set up a home ...

HashFlare founders Sergei Potapenko and Ivan Turõgin avoided additional prison time after being given credit for time served in the $577M Ponzi scheme case. Seattle Federal Court Judge Robert Lasnik ...

Hashflare, one of the largest cloud-based mining service, abruptly shuts down Bitcoin mining contracts. In an official statement, Hashflare stated that they would disable their mining hardware and ...

In 2025, cloud mining remains a top choice for earning passive income with Bitcoin (BTC) and Dogecoin (DOGE), especially for users who lack mining hardware, stable power supply, or technical know-how.

The Estonian founders of HashFlare were mistakenly ordered to self-deport by DHS, contradicting a court order to remain in Washington state until their August sentencing. Sergei Potapenko and Ivan ...

Two Estonian nationals avoided additional prison time for orchestrating one of crypto’s largest Ponzi schemes (HashFlare) after receiving sentences matching the 16 months they already served in ...

HashFlare founders admit to misleading customers about mining capacity. The crypto founders repaid the customers in full. U.S. District Judge Robert Lasnik of the Western District of Washington will ...

The co-founders of Hashflare, a crypto mining ponzi scheme that stole $577 million from hundreds of thousands of investors around the world, both pleaded guilty on Wednesday to conspiracy to commit ...