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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. дальше »
2018-10-11 00:29 | |
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Google mocks miners, says cryptocurrency ‘isn’t real money’
As if it hadn’t already given cryptocurrency enthusiasts enough reasons to hate it, Google has now taken a dig at the usefulness of cryptocurrencies. In a recent advertisement for its call screening service, the search engine giant mocked cryptocurrency’s high electricity consumption – and then went on to say that “it is not real money. дальше »
2018-10-10 16:19 | |
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Battle of the Privacycoins: What We Know About Grin and Beam’s Mimblewimble
Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-10-2 17:27 | |
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New Cryptknocker Mining Software by GMO Internet Lets Miners Mine Zcash using GPUs
New Mining Software – Cryptknocker – Lets Miners Mine Zcash And Others With GPUs GMO Internet is constantly looking for innovative ways to support technology and development in the world, though their recent focus has been on cryptocurrency. дальше »
2018-9-28 21:14 | |
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Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency
Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time. дальше »
2018-9-25 23:59 | |
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Miners Could have Inflated Bitcoin Supply as a Result of the recent Bitcoin Vulnerability Bug
A set of patch that was observed in bitcoin has shown that the vulnerability level would have been higher than what was earlier reported in an announcement about the bitcoin core versions 0. 170rc4 and 0. дальше »
2018-9-23 15:10 | |
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Battle of the Privacycoins: Why Dash Is Not Really That Private
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-9-7 00:27 | |
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Washington Mining Enclave to Be Hit with Increased Power Costs
Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as authorities announced a series of price hikes. дальше »
2018-9-7 00:00 | |
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Mozilla to Roll out New Features in a Bid to Tackle Illicit Cryptomining and Third-Party Trackers
According to a press release published on August 30th, Mozilla Firefox revealed it will making some forward-thinking changes over the course of next three months, including blocking unconsented crypto mining activities, countering data breaches and preventing threat actors from performing conducting nefarious activities. дальше »
2018-9-2 10:00 | |
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Markets Are Down, But Most Exchanges Are Doing Just Fine
As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit. дальше »
2018-8-22 22:53 | |
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Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead
The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is cryptocurrency mining. дальше »
2018-8-19 01:00 | |
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Distributed Dialogues: Blockchain’s Better Side
The fact that great responsibility accompanies great power has become crystal clear in the blockchain world. While blockchains are most commonly connected with commerce, the potential impact of distributed ledgers is being discovered in fresh sectors daily. дальше »
2018-8-10 20:51 | |
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DMG Blockchain Builds Electrical Substation to Power Cryptocurrency Mining Operations
Cryptocurrency mining requires a lot of electricity and a lot of money. In recent times, miners have sought access to cheap and accessible electricity to accelerate operations. In this vein, a Canadian company is attempting to build an electrical substation to power its cryptocurrency mining enterprise. дальше »
2018-8-4 16:45 | |
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DMG Blockchain Builds Electrical Substation to Power Cryptocurrency Mining Operations
Cryptocurrency mining requires a lot of electricity and a lot of money. In recent times, miners have sought access to cheap and accessible electricity to accelerate operations. In this vein, a Canadian company is attempting to build an electrical substation to power its cryptocurrency mining enterprise. дальше »
2018-8-3 20:07 | |
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Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners
In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility […] The post Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners appeared first on Bitcoin News. дальше »
2018-7-30 03:20 | |
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HashFlare Cryptocurrency Mining Provider Alledgely Restores Users Contracts
Mining Contracts Restored On HashFlare Mining has exploded in popularity in recent years. In the initial days of Bitcoin, miners were few and the profits were significant. Computing power had to be very high, and the miner needed to have a deep technical understanding of how the process worked in order to mine Bitcoin. But […] дальше »
2018-7-27 22:37 | |
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The Bitcoin Money Pre-Consensus Debate Continues
News A few days ago news. Bitcoin. com reported on the debate between Bitcoin Cash (BCH) developers and community members concerning an idea called ‘pre-consensus. ’ Some developers believe pre-consensus could help with bock time speeds, zero-confirmation transactions, and consensus in general. дальше »
2018-7-26 14:20 | |
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Op Ed: Addressing the Threat of Cryptomining Malware
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »
2018-7-18 23:18 | |
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Weather Disruptions Threaten Crypto Miners’ Profits
Crypto mining activities have often been called out because of their effects on the environment. However, in recent times, the environment has hit back at crypto mining facilities. Recent floods in Sichuan in China and heat waves in some regions of Europe made the global hash rate drop briefly, reports Financial Times. дальше »
2018-7-10 16:34 | |
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New Cybersecurity Report Notes Rising Cases of Cryptojacking Attacks on Linux Devices
A recent internet security report from an independent cybersecurity firm has highlighted the growing threat of crypto-mining malware. Its findings highlight that in the first quarter of 2018 almost all common Linux downloader malware variants recorded were designed to deliver a cryptocurrency miner on Linux devices. дальше »
2018-7-4 00:00 | |
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Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week. дальше »
2018-6-29 23:07 | |
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Miners in China arrested during round up, IPO in HK
Mining In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian дальше »
2018-6-28 13:37 | |
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