• 简体中文
  • English
  • July 2018

    Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan

    In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users’ devices to mine XMR; the vice president of the Blockchain and Crypto Technology Association of Kazakhstan has advocated that the country’s administration seeks to foster the local mining industry; and the commissioners of the Franklin Public Utility […]

    Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners

    In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility […]

    New Crypto Mining Malware Targeting Corporate Networks, Says Kaspersky

    Researchers at Kaspersky Lab have uncovered a new form of cryptojacking malware targeting corporations in multiple countries, the cybersecurity firm reported Thursday. PowerGhost, a form of fileless malware – which uses a system’s native processes to hijack a computer – has reportedly been spreading on corporate networks in India, Brazil, Colombia and Turkey. The software […]

    Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada

    In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […]

    Bitcoin Dominates Fortune’s Most Impressive, Young Superstars List

    “For the first time ever,” Fortune magazine announced, it “has assembled a supplementary honor roll of the most impressive, young superstars who are transforming business at the leading edge of finance and technology.” They’ve selected forty representatives from all over fintech, and each is under forty years old. Among them are many cryptosphere leaders finally […]

    Chinese Region to Shut Down ‘Illegal’ Bitcoin Miners By September

    China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. Rumors first emerged online over the weekend after the leak of a government notice issued by Xinjiang’s Economic and Information Commission (EIC) indicating the authority was demanding that local utility companies […]

    Heavy Rainfall in China, Thousands of Miners Reportedly Damaged

    According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China. Sichuan province has been hit by continuous heavy rainfalls in […]

    Free Electricity at Japanese Company Dorm Allows Man to Make $500 Secondary Income Mining

    Trading isn’t the only way to acquire crypto. Daily SPA, a Japanese media outlet, has reported on a Japanese man using his company dormitory’s free electricity to mine cryptocurrencies without asking permission. An Extraordinary Income “Virtual currencies are processed cryptographically,” Sora-san, a Japanese man working in a major Japanese manufacturing company explained to Daily SPA. “A miner […]

    POWX: The New Effort to Change Bitcoin (And Who’s Backing It)

    A long-controversial bid to change bitcoin just got a big boost. Boasting the support of tenured developers, a non-profit foundation called PoWx launched this week with the goal of putting a more sophisticated wrapper on the idea to that proof-of-work (PoW), the way the network comes to agreement on which transactions are valid, could be replaced with […]

    Mythbusting: Why Bitcoin Can Never Go to Zero

    Bitcoin’s polarizing effect has people on both ends of the scale either proclaiming it is going to the moon or it is going to zero. The volatile, unprecedented, and revolutionary monetary system that is cryptocurrency has a future that not many can accurately predict, but as time has gone on, the idea that Bitcoin is […]