Tag Archives for " Mining "

Satoshi’s 1 Million Bitcoin Haul Could Be Smaller Than First Thought

News Bitcoin’s elusive creator Satoshi Nakamoto owns 1 million BTC, plus a corresponding number of BCH and other forked coins. That’s always been what we were led to believe, ever since a 2013 analysis by Sergio Lerner. A new analysis by Bitmex Research has now called that figure into doubt, suggesting that Satoshi’s stack, while […]

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Three Chinese Men In Custody Over $87M Cryptocurrency Theft

Police in China has detained three men suspected of pulling the country’s biggest ever cryptocurrency heist — worth 600 million yuan ($87 million).  Theft is China’s Biggest: Reports As multiple outlets report quoting local news publication Huashang News on August 19, authorities concluded an investigation spanning almost six months into three men who allegedly hacked a computer […]

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New Nvidia gaming cards include AI, real-time ray tracing

At Gamescom in Germany, Nvidia Corp. on Monday announced its new line of gaming-focused graphics cards that it said were at least six times as fast as the prior generation. Based off the company’s Turing chip architecture, Nvidia NVDA, +1.23%  Chief Executive Jensen Huang said that the company had spent 10 years developing the next-generation […]

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SHA-256 Mining Hashrate Climbs Significantly in One Year

Mining Over the last year, SHA-256 mining, the process that’s used to find blocks on both the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, alongside a slew of other cryptocurrencies, has grown exponentially. Digital asset trading markets have been in a slump over the last eight months of 2018, but the bearish sentiment has […]

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Nvidia Calls Off Cryptocurrency Mining Production Amid Low Earnings

Graphics chip manufacturing giant Nvidia saw huge growth in late 2017 and throughout most of 2018 as demand for its high-end Graphics Processing Units (GPUs), used for cryptocurrency mining, skyrocketed. The recent bear market has caused demand for GPUs to dwindle, leaving Nvidia to readjust its strategy. Nvidia In Its Heyday It seems Nvidia is […]

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UK Cryptocurrency Startups Suffer Dwindling Fortunes Amidst Market Decline

Cryptocurrency startups in the United Kingdom are struggling in 2018. The fringe benefits that came with changing a company’s name to reflect an interest in blockchain technology seems to have all but disappeared. “Cryptomania” is at its Lowest Ebb In the last months of 2017, cryptomania gripped large swaths of the global business scene. With […]

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Norwegian Mining Company Receives Bomb Threat Escalating Noise Complaint

Featured Kryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Also Read: Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has […]

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CoinHive In-Browser Software is ‘Mining’ $250K Per Month, Research Finds

New academic research released by RWTH Aachen University has discovered that cryptocurrency miner CoinHive is very profitable. In fact, it’s generating over $250,000 worth of Monero profit every month by hi-jacking internet users’ CPUs. One of the users could have easily been you.  The research itself provides a broad overview of browser-mining activity across the Web. It reveals […]

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Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals

Mining Тhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers.    Also read: New Player […]

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Philippines Senator Wants Harsher Penalties for Cryptocurrency Crimes

Regulation On Monday April 16, the Philippines opposition senator Leila M. de Lima asked her fellow bureaucrats to push the passage of the cryptocurrency bills she helped frame. The proposed bills aim to introduce a harsher penalty towards criminals who use cryptocurrencies during illegal activities. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines […]

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