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Amidst Bear Market, Crypto Miners Repurpose Mining Equipment

A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto. дальше »

2018-7-20 13:00


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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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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »

2018-7-14 01:04


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Department of Justices Seizes $12M Bitcoin in Slew of Dark Web Busts

Per the arrests, the agencies confiscated such illicit items as military-grade weapons, drugs and drug manufacturing equipment. They also seized some $3.6 million in hard cash and gold bars, as well as at least 2,000 bitcoin (valued at just over $12 million) and related mining hardware. With these leads, the coalition of federal agencies rooted дальше »

2018-6-27 23:02


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DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts

The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust. дальше »

2018-6-27 20:26


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The crypto markets have weak demand from miners hurting the GPU producers.

Observers say it is probably due to overestimated demand in the gaming sector and the underestimated impact of the declining demand in the market for mining equipment. Quoted sources from the industry claim the return of the chips is related to the decreasing demand from cryptocurrency miners. AMD Price Chart, Ycharts The crypto market ups дальше »

2018-6-23 05:26