2023-8-1 14:21 |
A recent crackdown by authorities in Miri, Borneo, led to the seizure of 34 cryptocurrency mining servers that were found to be running off stolen electricity, according to a report... origin »
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Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry.
2023-2-18 17:00 | |
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Do you want to mine cryptocurrency from the comfort of your own home? With the rise in digital currencies, more and more people are becoming interested in crypto mining. Cryptocurrency mining uses specialized computer hardware to validate transactions on a blockchain, earning rewards in the form of new cryptocurrency.
2023-1-29 13:52 | |
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Most people think of cryptocurrency mining as a method of creating new coins. However, cryptocurrency mining also entails validating cryptocurrency transactions on a blockchain network and adding them to a distributed ledger.
2022-6-14 06:01 | |
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China bans cryptocurrency mining, again
2021-9-14 13:31 | |
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Mining cryptocurrencies is one of the most notable and inevitable activities in the crypto space. Cryptocurrency mining is as old as the evolution of Bitcoin being the first decentralized cryptocurrency ever founded.
2021-7-5 21:42 | |
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Proof-of-Work (PoW) cryptocurrency mining has been the subject of bad press in recent times. Critics argue that excessive energy consumption, and its use of fossil fuels, are wasteful and causing irreparable damage to the environment.
2021-6-11 15:00 | |
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The cryptocurrency market has been down for several days in a row. Bitcoin, the leading cryptocurrency, is not exempted from this bearish trend. The price has dropped significantly from the newest all-time high of $60,000 and is now at $34,000.
2021-6-4 20:08 | |
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Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed it.
2021-5-1 01:30 | |
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Cryptocurrency Trend: How GPU Shortage Is Affecting The Mining? Cryptocurrency has gone mainstream over the last few years, with currencies like Dogecoin and Bitcoin skyrocketing in value and being endorsed by famous figures like Elon Musk.
2021-3-19 07:11 | |
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A cryptocurrency wallet platform based in Hong Kong has introduced a raft of solutions to cryptocurrency enthusiasts. The said solutions include among other things, a comprehensive way of mining BitcoThe post Miny.
2020-5-29 17:00 | |
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Mining is an essential component for the cryptocurrency industry, though high electricity fees can make turning a profit more difficult in some areas. The process itself is treated the same way as self-employment, by some countries, resulting in taxation of the miners associated with it.
2019-12-6 01:07 | |
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Cybersecurity researchers have identified a new strain of Linux malware that not only mines cryptocurrency illicitly, but provides the attackers with universal access to an infected system via a “secret master password.
2019-9-16 17:42 | |
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You can’t really discuss the topic of cryptocurrency mining without getting into issues surrounding the concept of centralization. One of the greatest aspirations of cryptocurrency communities is to decentralize the monetary system and create “trustless” transactions.
2019-9-2 14:11 | |
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In the latest update from the Capital One illegal cryptocurrency mining case, hacker Paige Thompson has been indicted for stealing data, in addition to using stolen computer power for crypto-mining activities.
2019-8-29 19:00 | |
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Iran Gives Cryptocurrency Mining a Nod In a move easily juxtaposed with US policies on cryptocurrency, the government of Iran has officially recognized cryptocurrency mining as an independent industry.
2019-7-23 09:45 | |
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Abdol Nasser Hemmati, the governor of the Central Bank of Iran (CBI), announced yesterday that the government plans to authorise the mining of digital assets in the nation. However, those running computer systems to profit from their support of cryptocurrency networks will be charged for electricity at the country’s export price rather than the cheaper,.
2019-7-12 00:00 | |
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The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. Cryptocurrency mining was one of the industries proposed for immediate elimination, labeling crypto mining as backward processes that are a severe waste of resources.
2019-4-10 09:04 | |
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As cryptocurrencies grew in acceptance as well as value and cryptocurrency mining became a lucrative business, cryptojacking has become the latest jackpot for cybercriminals. Thousands of websites globally that are operated by government agencies and the most recognized organizations are compromised by malicious con artists who harvest their victims’ CPU power for covert mining operations.
2019-3-16 12:00 | |
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The “Global Threat Index for December 2018” report from Israeli cybersecurity solutions company Check Point Software Technologies Ltd. has revealed that cryptocurrency mining malware has topped the chart for the 13th time in a row to be computer’s most prevalent attacks, according to GlobeNewswire on January 14.
2019-1-16 02:00 | |
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Mining is an integral part of the cryptocurrency and blockchain technology narrative. However, the process of discovering, validating, and adding new blocks (mining) to the chain has the potential to do more than increasing the money supply of a particular cryptocurrency.
2018-12-16 19:01 | |
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Although cryptocurrency mining contributes significantly to the greenhouse effect, the crypto mining industry may be the answer to further investment and growth for the clean energy sector. According to the World Economic Forum’s (WEF) report published on September 16, 2018, while many cryptocurrency miners use non-renewable sources, the cryptocurrency mining industry could benefit significantly if […] Can Cryptocurrency Mining Drive Further Growth to the Clean Energy Sector? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-9-19 16:59 | |
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Cloud mining as an investment option is a much more assured way to invest in cryptocurrency and earn steady passive income. But how can you do it? The rise of cryptocurrency – as traditional currencies and as platforms for other much more complex financial products – has been quite stunning and with it comes the …
2018-9-10 15:49 | |
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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.
2018-8-4 16:45 | |
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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.
2018-8-3 20:07 | |
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The burgeoning cryptocurrency sector gave rise to scores of unauthorized cryptocurrency mining malware infiltrating millions of computers worldwide. However, recent reports suggest the prominent hacking method may lose its relevance soon.
2018-7-19 00:00 | |
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Cryptocurrency mining has quite an iffy reputation in Iceland as it’s a source of both pain and joy of the local community. Iceland has become a haven for Bitcoin mining due to their favorably cool climate and the cheap cost of geothermal and hydro-powered electricity.
2018-7-5 16:49 | |
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Gigabyte Technology Co Ltd announced at a recent investors’ conference that they are expecting a significant revenue drop for the second quarter of 2018. The company is a leading supplier of graphics cards and motherboards – components used in cryptocurrency mining operations.
2018-7-3 06:00 | |
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Cryptocurrency mining is seeing a lot of light these days as more and more companies are beginning to venture into it, despite the enormous time and resources needed to mine Cryptocoins. While it is illegal to own or trade cryptocurrency in countries Iceland, it is known to house a handful of Cryptocurrency mining operations.
2018-6-26 14:55 | |
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TheDigitalArtist / Pixabay Apple has now banned cryptocurrency mining on their devices with the release of a new set of developer guideline updates. Cryptocurrency Mining The idea of virtual currencies has taken the world by storm, and in order to obtain said currencies we need to rely on the idea of cryptocurrency mining. This process […]
2018-6-14 08:07 | |
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Authorities in Japan are investigating a number individuals who are alleged to have duped website visitors into mining cryptocurrency for them without their permission. If charges are pressed, it will be the first time that cryptojacking has become a criminal case in the nation.
2018-6-13 23:00 | |
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Direct Cryptocurrency Mining is a No-Go Even though there’s no official record of when the update in the developer’s guidelines took place, Apple made it pretty clear that it is directly targeting the prevention of cryptocurrency mining.
2018-6-13 20:12 | |
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According to Chinese internet security firm Qihoo 360 Netlab, hackers have stolen $20 million in ether from poorly configured Ethereum mining rigs and third-party applications. Experts at the firm say the cyber-attacks target unsecured Ethereum nodes on the Internet.
2018-6-12 19:00 | |
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Following an update to its App Store review guidelines, Apple has explicitly halted the design and development of iOS applications which can be used for direct cryptocurrency mining. Still, off-device cloud-based mining is not affected by the changes.
2018-6-12 17:00 | |
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In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page […] The post Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again appeared first on Bitcoin News.
2018-6-12 16:24 | |
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A Russian cryptocurrency miner got into trouble with the customs office when trying to import mining equipment purchased online for personal use. After an appeal, the court sided with the customs office and barred the import of the mining equipment.
2018-6-11 03:00 | |
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Quebec, one of the province and territory of Canada announced on 7th June 2018, that it has suspended approvals of the new digital currency mining projects. This action has been taken in order to facilitate Hydro Quebec, the energy management sector of Quebec, to continue supplying the power to all other provinces. These mining operations […]
2018-6-11 23:40 | |
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Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.
2018-6-11 01:34 | |
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Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.
2018-6-11 03:08 | |
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Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.
2018-6-11 01:16 | |
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With the creation of Bitcoin and its blockchain, Satoshi Nakamoto introduced an entirely new practical application for cryptography, unearthing an unexplored area for computer science and technological development.
2018-6-11 17:04 | |
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The Bitcoin Gold team promises to announce the exact date of the hardfork, aimed at making ASIC mining of the cryptocurrency inefficient.
2018-6-11 23:19 | |
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This article is republished from Coincentral – https://coincentral. com/is-cloud-mining-more-profitable-than-bitcoin-mining-hardware/ Getting started with bitcoin mining can be a difficult process for many.
2018-6-11 18:23 | |
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Leveraged anti-Strategy ETFs, such as GraniteShares’ 2x Short MSTR Daily ETF (MSDD) and Defiance’s SMST, have reached record highs amid the MSTR stock decline. The post Anti-Strategy ETFs Climb as MSTR Stock Hits Multi-Year Low appeared first on Coinspeaker.
Key Takeaways: Tether unveiled Mining OS (MOS), a complete Bitcoin mining platform designed according to open-source model The system can implement from small-sized mining rigs at home to big multi-site The post Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms appeared first on CryptoNinjas.
Key Takeaways: Crypto industry and banking leaders met at White House to discuss about regulation on stablecoin yield. Talks aim to unlease bottlenecks, foster the progress of the Digital Asset The post White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill appeared first on CryptoNinjas.
Key Takeaways: Billiton Diamond and Ctrl Alt have tokenized more than 280 million polished diamonds in the UAE. The program utilizes the use of the XRP Ledger, and Ripple offers The post Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL appeared first on CryptoNinjas.
By several measures, activity on the network remains near peak levels, which has industry leaders plussed about the plunge in ether's price.
Users can now lend FXRP to earn yield or use it as collateral to borrow other assets, giving XRP holders new ways to put their tokens to work onchain.
Galaxy generated $426 million in adjusted gross profit for the full year and ended it with $2.6 billion in cash and stablecoins, despite the significant quarterly loss.