Tag: Mining

Nvidia Pulls out of Crypto Mining Sector

Nvidia Pulls out of Crypto Mining Sector

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Following a massive decline in profits in the second quarter of 2018, computer chip manufacturer Nvidia has announced it is officially pulling out of its cryptocurrency mining activities. Projected earnings for the second quarter of 2018 were estimated to be $100 million but huge losses ...
CoinEx Crypto Exchange Upgrades Controversial Trans-Fee Mining Deal

CoinEx Crypto Exchange Upgrades Controversial Trans-Fee Mining Deal

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The CoinEx cryptocurrency exchange has today upgraded the terms of their trade-driven mining model; a feature – where CoinEx Tokens (CET) are issued to users instead of simply returning transaction fees – that has controversially seen them emerge from the doldrums of the highly-competiti ...
Amazon Fire and TV Sticks Infected with Crypto-mining Malware

Amazon Fire and TV Sticks Infected with Crypto-mining Malware

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Users looking to stream free content via Amazon’s Android-supporting TV and Fire sticks might find they are inadvertently opening up their connection to a crypto mining bot. Cryptojacking, the term used to describe the method of hijacking a device and using the computing power to discre ...
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 ...

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