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Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin
23.8.2020
Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as RSK’s chief scientist, Sergio Dermain Lerner, published a paper called “The Patoshi Mining Machine.” Essentially, Lerner simulated Satoshi’s mining experience....
Miners on Decentralised Storage Network Compete For 4 Million Token Prize
23.8.2020
It’s a different kind of Space Race
Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
23.8.2020
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including...
Researcher Re-mined Satoshi's Bitcoin Blocks To Discover His Secrets
23.8.2020
Satoshi Nakamoto used a single PC to mine 1.1M Bitcoin
Bitcoin Mining Facility With Room for 50,000 Rigs Set to Launch in Kazakhstan
21.8.2020
The 180 megawatt facility that will be able to host 50,000 bitcoin mining rigs is set to launch sometime in early September
Ethereum Classic Labs Plans ‘Defensive Mining’ Strategy as Hash Rate Plummets
21.8.2020
The network’s hash rate has fallen 74% since January
Los Alamos Scientists Develop AI to Fight Cryptojacking
21.8.2020
Their neural network works faster and more reliably than non-AI systems, researchers said
An AWS Virtual Machine Is Infected With Mining Malware. There Could Be Others
21.8.2020
A monero mining script has been embedded in a public instance of an AWS virtual machine. How many others are similarly infected?
Shock: Ethereum Miners Against Proposal to Reduce Block Rewards by 75%
21.8.2020
The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security
Two Suspects Arrested in USD 1.5m Crypto Mining Electricity Theft
20.8.2020
Source: Adobe/Артем Константинов
Officials from the Oblast Directorate of the Ministry of Interior Affairs (ODMVR) and CEZ Electro Bulgaria have reportedly made two arrests in what is described as the “largest theft” of electricity for cryptocurrency mining in the Balkan country.
The two...
China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report
20.8.2020
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s...
Monero Cryptojacking Malware Targets Higher Education
20.8.2020
Guardicore Labs explains that FritzFrog uses a brute-force attack on millions of addresses to gain access to servers
Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations
20.8.2020
There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule....
Bitmain Retains Only a ‘Minuscule Lead’ Over Competitor Microbt Amid Ongoing Power Tussle, Says Report
19.8.2020
Bitcoin mining hardware maker Bitmain still has a “minuscule lead” over competitor Microbt despite the former’s ongoing power struggle and supply chain issues, according to Bitmex. Researchers at the derivatives exchange tested flagship products from the two companies...
Bitcoin Mining Difficulty Set for a New All-Time High
19.8.2020
Bitcoin (BTC) mining may rise to become the most difficult it's ever been in five days from now. Meanwhile, miners continue spending.
If the BTC.com estimates come true, bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise nearly 3% during its next...
Riot Blockchain Supercharges Mining Ops With 8,000 More Bitmain Rigs as Bitcoin Price Soars
19.8.2020
Company executives say Riot Blockchain is on track to become cash flow positive later this year
Monero-Mining Death Metal Band from 2077 Warns Humans on Lizard People Extinction Scheme
18.8.2020
“Everything you heard, every theory that just doesn’t seem possible, every small inkling that something was just off about the world… is true.”
Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners
18.8.2020
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress...
Researchers Detect Crypto-Mining Worm to Steal AWS Credentials
18.8.2020
Cybersecurity researchers now expect future cryptojackers to mimic this worm’s ability to hack Amazon Web Services credentials
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
18.8.2020
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According...