[ad_2][ad_1] Written by Joe Warminsky 1 December 2020 | CYBERSCOOP Sometimes a sneaky Monero miner is more than just a sign of a scammer. This summer’s cyber-espionage campaigns in France and Vietnam implemented cryptocurrency mining software on victims’ networks to help divert attention from hacker spying tools, Microsoft says in …
Read More »Ethereum Classic activates the Thanos update, increasing access for GPU miners
[ad_2][ad_1] Ethereum Classic has undergone a hard fork that inaugurates a new update aimed at increasing the participation of miners and increasing security. According to Blockscout’s ETC explorer, around 3:45 UTC on Sunday, ETC’s mainnet reached a block height of 11,700,000, automatically triggering Thanos’ early upgrade. Terry Culver, CEO of …
Read More »Hash War: Mystery Miner’s Empty Block Attack makes ABC’s new blockchain nearly unusable
[ad_2][ad_1] According to various reports, Bitcoin ABC’s pro-VET chain was “attacked” for several consecutive days. The mystery miner mined a large number of sequential blocks, but almost all of them were empty. The miner who goes by the name of “Voluntarism.dev” says the mining operation is a group of “old …
Read More »Investment opportunity with new cryptocurrency miners
[ad_2][ad_1] Newly announced miners can instantly increase cryptocurrency mining business for professionals and the general public, meeting the needs of growing demand November 26, 2020 3 min of reading As the world witnessed the notoriously volatile price of Bitcoin in December 2017, companies specializing in providing mining solutions have stepped …
Read More »Nvidia records record third quarter earnings, GPU sales to crypto miners reach $ 175 million
[ad_2][ad_1] Nvidia released its fiscal third quarter 2021 earnings this week, showing better-than-expected results, driven by sales of its graphics processing unit (GPU) chips. The company posted graphics segment revenue of $ 2.79 billion for the quarter, beating analyst estimates of $ 2.1 billion. The gaming division also falls within …
Read More »How cryptocurrency miners boosted Nvidia’s earnings
[ad_2][ad_1] Text size A sign is posted in front of Nvidia’s headquarters Justin Sullivan / Getty Images Nvidia has a complicated relationship with cryptocurrency miners. They buy so many chips, so many that the players, for whom the cards were designed, had a hard time finding them. When the company …
Read More »OCC’s Brian Brooks Says China Owns Bitcoin But Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
[ad_2][ad_1] Bitcoiners on social media squashed the remarks by acting in US currency controller Brian Brooks that bitcoin is owned by China due to the disproportionate share of the cryptocurrency’s mining power. Bitcoiners argue that the disproportionate number of miners stationed in China only means that the rewards of the …
Read More »Armenian miners captured the chief’s illegal coal truck
[ad_1] Go upstairs With the pursuit of the Ermenek miners and the gendarmerie raid, trucks carrying illegal coal belonging to Hatem and Fehmi Özbey were identified. Armenian miners, who could not get their rights for more than a year, captured the trucks of their bosses Hatem and Fehmi Özbey, who …
Read More »Chinese crypto miners struggle to pay electricity bills as regulators restrict themselves to OTC counters
[ad_2][ad_1] As Chinese authorities make it more difficult than ever to trade cryptocurrency into fiat, miners could be forced to relocate to other jurisdictions, local sources say. On Monday, cryptocurrency industry blogger Colin Wu tweeted that miners in China struggled to pay for electricity after authorities started cracking down on …
Read More »Resurrection of S9: higher bitcoin prices allow miners to reactivate outdated mining rigs
[ad_2][ad_1] With bitcoin prices hovering around a certain handle, a large number of old ASIC mining rigs produced years ago are starting to become profitable again. Reports indicate that in China, where the average cost of electricity is around $ 0.06 per kilowatt hour (kWh), miners are starting to exploit …
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