Tag Archives: Miner

Bitmain has introduced a lot of new ASIC miners over the past twelve to eighteen months. Most of those devices have been met with a fair amount of scrutiny, mainly because they facilitate mining centralization. The Antminer Z9 is the bigger sibling to the Z9 Mini. For currencies using the Equihash algorithm, it will certainly pose some big changes come ...

At a Blockchain Summit in Morocco on Sunday, July 8, Google’s co-founder Sergey Brin announced that he and his son, much to everyone’s surprise, are Ethereum (ETH) miner’s. Brin is the president of Alphabet, the parent company of Google which he co-founded in 1998. Google has been notably slow to explore blockchain technology but Brin has stated that he personally ...

Google’s co-founder Sergey Brin made the surprise revelation that he is an Ethereum (ETH) miner at the Blockchain Summit in Morocco Sunday, July 8. Brin is currently the president of Alphabet, Google’s parent company which formed as part of the tech giant’s restructuring back in 2015, but his “side hustle” is apparently mining the world’s second largest cryptocurrency, Ethereum, together ...

Sergey Brin, President of Google’s parent company Alphabet Inc., appeared on the panel on emerging technologies at the ongoing Blockchain Summit in Morroco. At his last-minute surprise appearance at the summit, Brin revealed that he is mining Ethereum with his 10-year old son. He also stated that the concept of zero-knowledge proofs is “really mind-boggling”. One of our panels this ...

Ebang Communication, one of the largest Bitcoin (BTC) mining hardware manufacturers in China, has filed an application for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKEX) today, June 25. The application confirms a Reuters report in May that the Zhejiang-based firm was working with advisers on a Hong Kong float, potentially seeking to raise as much ...

Chinese crypto miner arrested: A man has been arrested in the Anhui Province of China for allegedly stealing 150 megawatts (MW) of electricity. Chinese Crypto Miner Arrested Local media outlet Xinhua reported the arrest today, stating that the man, known under the surname Ma, had more than 200 computers that he was attempting to mine both Bitcoin (BTC) and Ethereum ...

A Chinese man has found himself in police custody after attempting to steal electricity to fund his unprofitable Bitcoin mining operation, local media outlet Xinhua reports June 22. The suspect, known only by his surname Ma, allegedly mined Bitcoin and Ethereum on two hundred computers in the country’s Anhui province, all of which have been confiscated by the police upon ...

Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York. In a statement published online, the company said it will repurpose the 1,300-acre, 435-megawatt site into the biggest cryptocurrency mining plant in the world. The move, ...

Malicious cryptocurrency mining tools have become a big problem over the past few months. In most cases, this malware only affects Windows users, although some Linux variants exist as well. It seems a stealthy Macintosh cryptominer has been utilizing the XMRig source code to mine Monero on behalf of criminals. A Malicious Mac Cryptominer Appears For the most part, users of the Macintosh operating ...

Crypto mining is on the rise as bad actors have discovered decentralized mining is a lot cheaper than setting up a rig and paying the electricity bills to compete with massive mining pools and Apple users are not immune from being crypto jacked. Mac Cryptominer uses Legitimet Software In an earlier story this year NewsBTC reported that crypto jacking or ...