Tag: Mining

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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...

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...

Largest Crypto Mining Facility in Russia Repurposes Defunct Fertilizer Laboratory

One former fertilizer lab in Russia is being reopened as a cryptocurrency farm. It is considered to be the region's largest crypto mining operation...

Crypto Mining Decline Deals Blow to Nvidia Bottom Line

Due to the ongoing decline in cryptocurrency mining, Nvidia Corp. shares dropped 5% on Friday to close the day at $244.82, down from $257.44...

As Economy Sputters, Hackers in Iran Ramp up Ransomware Attacks

Hackers in Iran, potentially government-backed, are turning to ransomware and Bitcoin as the country's economy falters due to sanctions. Ransomware is a scourge that affects...

Hong Kong Cryptocurrency Mining Company Founder Disappears with $2.5 Million

Another cryptocurrency mining scam has popped up as the founder of a Hong Kong-based company disappears with $2.5 million. With the coming of another week,...