Tag: Mining

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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...

Bitmain Unveils Next-Generation ASIC Chip to Be Integrated into New Antminer Machines

Bitmain, the world’s leading manufacturer of ASIC chips and mining equipment, has announced its plans to launch an upgraded version of its chip. The...

Bitcoin Miners in Washington Counties Facing Power Price Hikes

The profitability of cryptocurrency mining hinges on several key factors. Access to affordable electricity is one of the main requirements. In Washington State, the...

NSA’s Eternal Blue Exploit Leads to Cryptojacking Surge

Cryptojacking has become of the biggest threats to computer users these days. The malware used to perform this task seems capable of mining different...

Bitcoin Mining Uses a Lot of Energy, But Gold Mining Uses 20x More

The production of Bitcoin through mining is an energy-intensive process - a fact which many critics are quick to point out. Compared to mining...