Bitcoin mining pool BTC.com was hacked earlier this month

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The Bitcoin mining pool known as BTC.com revealed that it was the target of a cyberattack on December 3, 2022. During the incident, a number of digital assets were taken, the value of which was approximately $700,000 and was held by customers. from BTC.com. The value of assets held by the company was approximately $2.3 million.

According to the statement released by the company, it informed the relevant authorities in Shenzhen, China of this event. Some of the digital assets owned by BTC.com have already been protected through both external and internal company collaboration.

On December 23, authorities opened an investigation, began collecting evidence, and formally requested cooperation and coordination from the appropriate agencies.

The company said it intends to make significant efforts to recover the digital assets that were taken.

In direct response to the discovery of this incident, the Company has adopted new technologies to better prevent and combat hacking attempts.

BTC.com is currently conducting business as normal, and except for its digital asset services, its customer funds services are unaffected, the report further claims.

BTC.com, which is one of the largest cryptocurrency mining pools in the world, offers multi-currency mining services for a variety of digital assets, such as Bitcoin (BTC) and Litecoin (LTC).

Besides providing mining services, BTC.com also runs a blockchain browser. BIT Mining, the parent company of the organization, is a publicly traded company listed on the New York Stock Exchange.

According to statistics provided by BTC.com, the mining pool controlled by BTC.com represents 2.5% of the total distribution in the past seven days and has a hashrate of 5.80 exahashes per second (EH/s).

The contribution of mining pools to the overall Bitcoin hashrate amounts to more than 5% of the total hashrate contributed by BTC mining pools.

Source: BTC.comHow the Bitcoin mining industry is doing

This year 2022 has not been very successful for Bitcoin miners. The most recent development in bitcoin mining is that miners across the United States shut down operations over the weekend as a huge storm ripped through North America.

Between December 21 and 24, Bitcoin’s mining hashrate, which is a measure of computing power on the blockchain, decreased to 156 exahash per second (EH/s), a drop of around 100 EH/s. s or 40%.

This information comes from BTC.com. On December 25, it rebounded to around 250 PE/s and is currently hovering around 220 PE/s.

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