Tag: mining

Jan 22 2021

Iranian hackers use cryptojacker to bypass sanctions, says report

Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran, according to a report published yesterday. “MrbMiner is a recently discovered cryptominer that targets internet-facing database servers (SQL servers) and downloads and installs a...

Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations

Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.

Jan 21 2021

Minority Mining Pools Threaten to Collude Against Contentious Ethereum Update

Jan 21 2021 Published at CoinDesk under tags  ethereum ethereum mining f2pool mining sparkpool

A small band of Ethereum miners are trying to pick off larger mining pools’ subscribers in a bid to shoot down EIP 1559.

Cryptocurrency Miner Finds Novel Use for Wasted Heat

Reading Time: 2 minutes Home cryptocurrency miner Dan van der Ster has found a novel way of dealing with excess heat from his rig van der Ster uses the hot air generated to warm his greenhouse and chicken coop Other crypto miners have tried using exhaust air to warm...

Forget about Mining Bitcoin…Focus on Mining THIS

If you ever thought about making passive income through mining Bitcoin, you would've made TONS of money...5 years ago. Today, it has become a highly competitive arena, in terms of high initial capital and infrastructure. But this won't stop you from finding other altcoins to mine that have been up till now "behind the scenes". In this article, we take you STEP-BY-STEP how...

Jan 20 2021

A Hitchhiker’s Guide To Bitcoin Mining In North America

Like a hitchhiker taking to the American highways for the first time, anyone hoping to get a clear picture of the universe of bitcoin mining today might be perplexed at the seeming opaqueness, yet sheer size of the North American mining ecosystem. As a miner recently advised new entrants into the space on Twitter:...

Jan 19 2021

Tracing The Growth Of Bitcoin In Pakistan

Jan 19 2021 Published at Bitcoin Magazine under tags  adoption mining pakistan regulation

Bitcoin is currently banned by the State Bank of Pakistan and it’s illegal for businesses, banks and other entities to trade bitcoin in the jurisdiction of Islamic Republic of Pakistan. But Pakistan is the world’s fourth-largest country by population, and about 50 percent of the population is between the ages of 15 and 40, and only about 4 percent is over the age...

The US Can Make Bitcoin Mining Greener

Jan 19 2021 Published at CoinDesk under tags  mining opinion policy & regulation

With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin's carbon impact.

45,000 Illegal Bitcoin Mining Machines Seized in Iran

Reading Time: 2 minutes Authorities in Iran have seized approximately 45,000 Bitcoin mining machines in a raid on an illegal mining farm The farm was using subsidized electricity to mine Bitcoin without a license Bitcoin mining is government-approved but users must...

Data shows Bitcoin mining difficulty flat despite near 300% gains in price

Jan 19 2021 Published at CryptoSlate under tags  analysis btcusd mining

Today sees the Bitcoin bulls mounting a fightback following the weekend slide. Although the leading cryptocurrency is up a relatively modest 3%, it's still welcome news considering the pain of last week's sell-off. Despite recent turbulence, Bitcoin's macro performance has been nothing short of remarkable since the end of Q3 2020....

Jan 18 2021

Nvidia May Restart Production of Crypto Mining GPUs if Demand Sufficient

Jan 18 2021 Published at CoinDesk under tags  business coinflash gpus mining news

Selling dedicated crypto cards would alleviate pressure on Nvidia's consumer models.

Jan 17 2021

[Updated] Bitcoin Mining Pools

Bitcoin mining pools are still in great demand, even in 2020. Changelly is always on guard to provide you with the latest learning materials about crypto essentials. We’ve gathered everything you need to know about Bitcoin mining pools, starting from basic definitions and the best mining pools to mine BTC and ending with all the nuances like the mining payouts schemes, etc. Dive...

Jan 15 2021

Galaxy Digital adds new business division for bitcoin mining

Jan 15 2021 Published at CryptoNinjas under tags  galaxy digital mining

Galaxy Digital, a financial services and investment management company in the digital asset sector, has announced the launch of Galaxy Digital Mining, a new business unit committed to providing bitcoin miners with a comprehensive suite of financial services and products. Galaxy Digital Mining will serve as a one- stop financial...

Which is the Easiest Cryptocurrency to Mine?

It is not an easy task to find the easiest cryptocurrency to mine. If you want to mine Bitcoin (BTC) or Ethereum (ETH), you will need to use […]

Bitcoin Mining Arrives in Arctic Circle

Jan 15 2021 Published at FullyCrypto under tags  bitcoin bitcoin news mining

Reading Time: 2 minutes Bitcoin mining has arrived in the Arctic Circle as BitCluster has set up a site there The Russian company already has several sites in the country, but this is the farthest north BitCluster’s new Bitcoin mining site will make use of the freezing...

Jan 14 2021

Ethereum Miners Oppose “ETH Buyback” Proposal

Jan 14 2021 Published at Crypto Briefing under tags  eip-1559 ethereum mining technology

A critical Ethereum implementation, EIP-1559, is drawing closer. However, some Ethereum miners are opposed to the update. EIP-1559 Sparks Debate Members of the Ethereum community are facing a roadblock over EIP-1559. Discussions surrounding the update surfaced in the...

Jan 13 2021

Bitcoin Hashrate Breaks New Record as Mining Booms

Jan 13 2021 Published at Crypto Briefing under tags  business mining

Bitcoin total hashrate reached a daily peak value of 166.6 MTH/s today. Alongside hashrate, the leading asset's latest bull run has tripled mining revenues. Bitcoin Mining Boom During the last bull market, the hashrate was less than ten times its current value. The mining industry has...

Compute North, Foundry Digital Partner To Bring More Bitcoin Mining To North America

Compute North, one of the largest bitcoin mining companies in North America with mining farms in Big Spring, Texas; Kearney, Nebraska; and North Sioux City, South Dakota, is taking a great leap forward through a new partnership with financial services firm Foundry Digital, a subsidiary of Digital Currency Group based in Rochester, New York. Through the partnership, Foundry will supply 14,000 new Whatsminer...

Jan 12 2021

Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral

Jan 12 2021 Published at CoinDesk under tags  babel finance business china lending mining

A clever way for bitcoin miners to get better loan terms.

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