Bitcoin Mining

How Mining Affects The Value Of Cryptocurrencies

3 months ago kakp2 Comments Off on How Mining Affects The Value Of Cryptocurrencies
Most cryptocurrencies are created as a result of a process called mining, an operation in which a group of computers associate to finish an equation that grants the operator with retribution in the form of a cryptocurrency, if they manage to be the first to validate the block. Some crypto-related assets following this validation pattern Read More

Graphics Cards Shortage Due To Crypto Gold Rush

4 months ago kakp2 Comments Off on Graphics Cards Shortage Due To Crypto Gold Rush
Gaming graphics cards are hard to come by these days, and the reason is crypto mining. If you are not too sure what crypto mining is, check out this article for a basic vocab lesson, and an overview of how crypto miners have made upgrading your gaming rig too expensive. Where have all the graphics Read More

China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds

5 months ago kakp2 Comments Off on China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds
Chinese mining hardware giant Bitmain has reportedly made higher profits in 2017 than long time American graphics processing unit (GPU) manufacturer Nvidia, CNBC reported Feb. 23. CNBC writes that according to a report published Feb. 21 from investment research company Bernstein, the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in Read More

Tesla Cryptojacked, Hackers Use Passwordless System To Mine Crypto

5 months ago kakp2 Comments Off on Tesla Cryptojacked, Hackers Use Passwordless System To Mine Crypto
Cloud security intelligence (CSI) firm RedLock has exposed a new case of cryptojacking targeting Tesla’s Amazon Web Service’s (AWS) software container, the RedLock blog reported yesterday, Feb. 20. Hackers accessed Tesla’s AWS access credentials by penetrating a non-password protected Kubernetes software container. The hackers then used the Kubernetes container to mine for cryptocurrencies, for an Read More

FCC Officially Warns Brooklyn BTC Miner Of ‘Harmful Interference’ To T-Mobile

5 months ago kakp2 Comments Off on FCC Officially Warns Brooklyn BTC Miner Of ‘Harmful Interference’ To T-Mobile
The U.S. Federal Communications Commission (FCC) has sent an official notice, dated Feb. 15, to a resident of Brooklyn, New York, Victor Rosario, citing that his Bitcoin (BTC) miner was causing harmful interference to T-Mobile’s broadband network. The “Notification of Harmful Interference” stated that the device was “generating spurious emissions on frequencies” for T-Mobile’s network. Read More

Is “Zero-Waste” Bitcoin Mining Achievable?

8 months ago adcity Comments Off on Is “Zero-Waste” Bitcoin Mining Achievable?
Mining Mining is an essential but energy-intensive means of securing the bitcoin network. It is thanks to this process that millions of strangers can transact with complete trust, safe in the knowledge that the information stored on the blockchain is true. Despite this, the energy costs of bitcoin mining have come under scrutiny, prompting calls Read More

Bitpico Claims Segwit2X is Still Alive Despite All Evidence to the Contrary

8 months ago adcity Comments Off on Bitpico Claims Segwit2X is Still Alive Despite All Evidence to the Contrary
News Reports of 2X’s death have been greatly exaggerated. That’s according to a statement issued by little-known mining group Bitpico. In a defiant message that appeared on a mailing list, Bitpico claimed to control 30% of the network hashrate and to be pressing ahead with the B2X fork regardless. Also read: Closing the Curtains On Read More