Tag: Mining

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Someone Performed a Very Unprofitable 51% Attack on Vertcoin

After experiencing a nasty 51 percent attack roughly one year ago, Vertcoin has been subjected to another such attack on its blockchain. Vertcoin: The Victim...

Engineer Fined for Using Russian Supercomputer for Mining BTC

When will people learn that they shouldn’t be “mining on the job?” Unless you’re employed as a bitcoin miner, you should wait until you’re...

MikroTik Cryptojacking Threat Now Affects Over 415,000 Routers Worldwide

The number of threats against cryptocurrency users continues to increase. Cryptojacking has been a big problem which only grows worse. New statistics confirm over...

Researchers Say Bitcoin Mining Is Far More Green Than Reported

A new report from CoinShares says that Bitcoin mining is much more environmentally-friendly than is normally reported.The usual narrative applied to cryptocurrency mining is...

Nvidia Shares Plummet Due to Cryptocurrency Mining Slowdown

Chip designer Nvidia has its shares drop by over 19 percent due to a slowdown in cryptocurrency mining and a glut of inventory.What a...

Bitcoin Is NOT Going to Destroy Our Climate – And Here’s Why

A new study suggests that growth in the use and adoption of Bitcoin could damage the climate due to massive emission levels. Many experts...

Bogus Apps Claiming to Mine Unmineable Cryptos Ripple (XRP), Tether (USDT) and Others Flood Google Play

A lot of people are interested in mining various cryptocurrencies. Most current mobile devices have, in theory, sufficient horsepower to do exactly that. Not...

Bitmain’s AsicBoost Firmware Upgrade Leaves Bitcoin Mining Community Divided

Bitcoin enthusiasts will be familiar with the term AsicBoost. It is a technique developed by ASIC manufacturer Bitmain which can make mining more efficient....

Cryptocurrency Mining Operation in Iceland Addresses Industry’s Electricity Usage Concerns

The cryptocurrency mining industry gets a lot of attention lately. Its perceived energy usage remains a topic of substantial debate. Icelandic farmers may have...

Trump’s Tariffs Spoil Party of Chinese Mining Gear Manufacturers Like Bitmain

Mining rig manufacturers from China, such as Bitmain, Canaan, and Ebang, are likely to be walloped by the tariffs imposed by the Trump administration...

Fake Adobe Flash Updaters Distribute Monero Mining Malware

Malicious cryptocurrency mining software remains a very big threat to consumers. Palo Alto researchers note an increase in fake Adobe Flash updaters. A growing...

China Capable of Disrupting or Destroying Bitcoin, Research Paper Suggests

A new research paper suggests that China has the capability and technical prowess to influence the fate of Bitcoin.Worrisome Findings Researchers from Princeton University and Florida...