Tag: Mining

Bitcoin Gold Responds to Bitmain’s New ASIC Miner for Equihash

Bitcoin Gold Responds to Bitmain’s New ASIC Miner for Equihash

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Bitcoin Gold (BTG), one of the most popular Bitcoin forks, has gone on the record to reinforce the projects dedication to being ASIC-resistant. The announcement, entitled ‘A Response to the ASIC Threat’, is directly related to news put out by Chinese crypto-mining giant Bitmain, who con ...
Google Chrome Web Store Bans Cryptojacking Extensions

Google Chrome Web Store Bans Cryptojacking Extensions

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Search engine giant Google has revealed that their Chrome Web Store is outlawing cryptocurrency, just weeks after Google (including their YouTube subsidiary) did the same. This time though, the cryptocurrency ban pertains to crypto mining (i.e. via Chrome extensions), rather than adverti ...
American City Bans Cryptocurrency Miners From Taking its Cheap Electricity

American City Bans Cryptocurrency Miners From Taking its Cheap Electricity

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Councillors in Plattsburgh, NY, have unanimously voted to prevent their city from becoming a cryptocurrency mining hub. In what is believed to be the first such action by any American city, it has announced that it is closed to new mining operations for at least 18 months. Electricity ...
Tesla’s Cloud Hacked to Mine Cryptocurrency

Tesla’s Cloud Hacked to Mine Cryptocurrency

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Cybersecurity firm RedLock has revealed that electric car maker Tesla has been unwittingly mining cryptocurrency for hackers. So called “cryptojacking” has become an increasing threat and recent high profile attacks have seen user browsers hijacked for Monero-mining. Earlier this month a ...
Salon News Site Offering Ads, or Monero-Mining

Salon News Site Offering Ads, or Monero-Mining

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There’s been a lot of talk in the last few months about cryptocurrency going mainstream, but are we now seeing browser-based Monero-mining going mainstream too? American news site Salon is trialing a new option for its readers: watch ads, or mine cryptocurrency. The option appears for ...
UK and US Government Websites Mining Monero

UK and US Government Websites Mining Monero

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When online security consultant Scott Helme was shown warnings a friend had received from visiting a UK government website, he couldn’t imagine that he was about to uncover one of the biggest cases of crypto-jacking we’ve ever seen. The first example which came to light was the UK’s In ...
Russian Nuclear Scientists Caught Mining Cryptocurrency

Russian Nuclear Scientists Caught Mining Cryptocurrency

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Russia has turned into something of a cryptocurrency hotspot, with authorities there becoming surprisingly welcoming to crypto innovation. However, even they have their limits, and when they discovered that scientists at a top secret nuclear facility were using the supercomputers to mine ...
Samsung Entering the Cryptomining Business

Samsung Entering the Cryptomining Business

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South Korean electronics giant has made a bold move into cryptocurrency mining. According to Korean news agency The Bell, mass production of the ASIC chip has already begun. ASIC (or application-specific integrated circuit) are chips created for a specific, rather than a general, purpos ...