Tag Archives: mining

[ad_2][ad_1] An engineer from Baidu, the Chinese equivalent of Google, was jailed for mining Monero on about 200 of the company’s servers. According to a March 16 report by local media Abacus News, the employee eventually sold the Monero for about 100,000 yuan ($ 14,300). Large-scale crypto-jacking The senior engineer, …

[ad_2][ad_1] Bitcoin (BTC) price fell below $ 9,000 again on Saturday, increasing the uncertainty surrounding future price estimates and reminding investors that the Coronavirus continues to impact markets around the world. Daily performance of the cryptocurrency market. Source: Coin360 Interestingly, Bitcoin’s hash rate hit an all-time high on March 5 …

[ad_2][ad_1] (TNS) – Two years after cryptocurrency miners were pouring into this college town near the Canadian border, the boom in this exotic new high-tech industry hasn’t entirely failed. But it calmed down and a sense of reality established itself. One of the major players in the business left the …

[ad_2][ad_1] A report released by the cybersecurity organization Insikt Group says Internet use in North Korea has grown significantly over the past three years. The group cites a “300% increase in the volume of activity to and from North Korean networks since 2017” and part of this activity involves mining …

[ad_2][ad_1] North Korea is stepping up mining for privacy as the regime continues its efforts to circumvent sanctions. US cybersecurity firm Recorded Future said on Sunday in a report that network traffic for monero mining (XMR) that had originated from North Korean IP ranges has increased “at least tenfold” since …

[ad_2][ad_1] A Japanese court asked a man who infected website visitors with cryptocurrency mining malware to face justice after acquitting him. As reported by the local newspaper The Mainichi on February 7, the Tokyo High Court overturned an earlier sentence that had cleared the man, who had not been named, …

[ad_2][ad_1] The hype cycles around cryptocurrencies are comparable in their ups and downs to the British climate. This is mainly due to high volatility, which can reduce a potential investor’s entire stock to almost zero. Those who believe in the growth and prospects of cryptocurrencies are constantly looking for various …

[ad_2][ad_1] Two Russian citizens have been prosecuted for allegedly targeting computers with state organizations to illicitly mine cryptocurrency. The two unnamed individuals allegedly infected the hardware with a program that mines cryptocurrency via a web browser, local media agency Tass reported on Dec.16. One of the suspects, residing in the …

[ad_2][ad_1] The Monero Network (XMR) has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. On November 30, the Monero Community Working Group did a live stream on YouTube where the update took place at approximately 58 minutes. The new update also introduced the Proof …

[ad_2][ad_1] At the Futurist conference Blockchain, Ramak J. Sedigh, CEO of Plutoun Mining, discussed the intersection of solar energy and bitcoin mining. Cryptocurrency extraction has become tougher over the years, with the amount of electricity needed for mining up and the costs of miners rising in tandem. According to BTC.com, …