Report Alleges North Korea Trialled BTC Mining

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North Korea (DPRK) has attempted to mine Bitcoin (BTC), Yonhap News reported August 27, citing a report compiled by a research unit from South Korea's state-run Korea Development Bank (KDB).

Yonhap notes that the mining attempt – which was allegedly conducted “on a small scale” between May and July 2017 – appears to have been unsuccessful, although the reasons for this remain unclear.

According to Yonhap, the KDB report claims that North Korea’s interest resides in the essential "characteristics of cryptocurrencies, including anonymity, difficulties of tracing money and cashability." The KBD research unit reportedly cited a local media report as the source of its information on the mining story. See more for yourself here.

This news report was based on an allegation, so, do think it's true? Let us know thoughts and/or comments below.