Tag: Mining
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 come…
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 on…
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 number…
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…
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 new…
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 influx…
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 cryptocurrencies.…
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 gold,…
Bitcoin Mining Operators Hit with Substantial Electricity Rate Increases
One county in Washington state is raising the electricity costs for Bitcoin mining substantially over the next three years. It’s going to get a great…
