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Tag Archives: Mining

Centralization of Mining Pools open Up New Attack Vectors

After losing four percent in the last week mostly compounded by strong losses of Oct 11, sellers are in control. This view is regardless of our expectations of higher highs in the aftermath of deflating dips of last week. Despite this, we recommend aggressive traders to short at spot prices. However, risk-averse traders can take a neutral stand until after ...

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Making Crypto Mining Sustainable – NullTX

With all the hype surrounding blockchain, it is easy to forget just how new the technology really is. Although they supposedly have applications in virtually everything, blockchains—or computer networks that can both determine and track the value of something without depending on centralized administrators or servers that can be hacked or manipulated—are still mostly being used to support cryptocurrencies like ...

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Fake Flash Updates are Hiding Cryptocurrency Mining Malware

It has been discovered that fake Adobe Flash updates are being used to surreptitiously install cryptocurrency mining malware on computers and networks, creating severe losses in time, system performance, and power consumption for affected users. Cryptojacking Breaks New Ground While fake Flash updates that push malware have traditionally been easy to spot and avoid, a new campaign has employed new ...

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UK Cloud Mining Service Argo Offers Bitcoin Mining at the Touch of a Button

London-based cloud mining firm Argo has announced that it will allow its users to mine Bitcoin using its rapidly growing platform. The number one digital currency by market capitalisation will be included next to a host of other popular cryptos from early next month. Argo to Include Bitcoin as Part of Its “Mining as a Software” Platform A cryptocurrency cloud mining ...

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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network

Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. China, ...

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New Google Ad Jokes About the Sky-High Cost of Mining Cryptocurrencies

In a recent ad about its Call Screen service, Google has revealed its feelings about Bitcoin and other cryptocurrencies, jibing at the massive electricity costs associated with mining them. Call Screen service is a new Android feature developed by the search giant, which will help put an end to telemarketing calls. The feature, which involves Google Assistant answering a call ...

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Bitcoin Mining Firms are Seeing Record Revenues, But Little Profit

New research from Diar has revealed that while the price of bitcoin remains 40 percent higher than a year ago, and bitcoin miners have achieved record revenues of $4.7 billion this year, a host of factors including increased competition and computing power have combined to make bitcoin mining less profitable than before. The report says that this creates a situation ...

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ORET Throws Open the Gold. Mining Industry to Crypto Investors

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Nothing ...

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New Taiwanese Exchange Rewards Users for Token Mining and Staking From Its Fee Revenue

MaiCoin, the largest one stop digital asset platform provider in Taiwan, recently launched it’s MAX Exchange. The exchange initially started by offering Taiwan Dollar (TWD) to crypto pairs and it currently lists 16 crypto/TWD pairs. As part of its global aspirations, MAX Exchange has recently launched a total of 51 crypto to crypto pairs which include both USDT and TWDT ...

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