Crypto Mining Firm Fortress Blockchain Posts 62 Percent Gross Mining Margin

2018-12-1 20:00

Canada-based cryptocurrency mining company Fortress Blockchain Inc. announced its Q3 2018 financial results through a press release, published November 28, 2018. One of the key takeaways from the report is the dip in gross mining margin from $740,872 in Q2 2018, to $384,274 for the quarter ending September 30, 2018.

Falling Profitability in Crypto Mining Business The report states the. . . Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News. origin »

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Источник: btcmanager.com

mining 2018 → Результатов: 126

ASUS Partners with Quantumcloud to Allow Crypto Mining Through Idle GPUs

Taiwan-based computer hardware giant ASUS is the latest player in the block to join the cryptocurrency mining party. According to a report by Hard Fork, published November 29, 2018, ASUS is persuading gamers to mine cryptocurrencies when their gaming systems are not in use.

2018-12-1 02:00	Technology
asus mining gamers cryptocurrency quantumcloud per sources

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Report: No Correlation Between Crypto Mining Attacks and Legal Status of Cryptocurrency in the Country

The growing popularity of cryptocurrencies has forced cybercriminals to invest resources in the development of more robust mining technologies to replace the typical ransomware Trojans, reports Kaspersky Lab’s cyber threat research arm Securelist, November 28, 2018.

2018-12-1 00:00	Ransomware
ransomware cybercriminals cryptocurrency mining attacks talks 2018

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Pirated Content and Software Drives Malicious Crypto Mining, Says New Report by Kaspersky Lab

Cryptocurrency mining malware attacks, which infected over five million people in the first three quarters of 2018 alone could be entering your systems via pirated software and content. Malicious cryptocurrency mining is the biggest threat to internet users in 2018, leaving behind ransomware which had been most prevalent over the last few years.

2018-11-30 15:59	security
mining pirated malicious cryptocurrency software content drives

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Canada’s Fortress Blockchain Records $1.16 Million Loss In Q3 For Crypto Mining Business

The Canadian Bitcoin mining giant Fortress Blockchain registered a loss of $1. 16 million in the third quarter of 2018. In the previous quarter, the company lost $202,000. This shows that the bearish price action in virtual currencies is affecting the whole crypto market.

2018-11-30 06:55	News
blockchain fortress quarter mining crypto loss million

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Kaspersky Labs: Mining Malware Got a Boost in 2018

Mining malware attacks grew to become on par with the risks of ransomware, activating during periods of growing market prices for cryptocurrencies.

2018-11-29 18:31	News
mining malware activating ransomware risks periods market

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Swiss Court Orders Shut Down of Envion Cryptocurrency Mining Startup

Envion, a Switzerland-based startup that claims to make use of renewable energy in providing off-grid cryptocurrency mining, has reportedly been shut down by the cantonal court of Zug, in crypto-friendly Switzerland following an alleged illegal initial coin offering (ICO), according to a Handelsblatt Global report on November 28, 2018.

2018-11-30 18:00	Switzerland
envion cryptocurrency ico shut court mining down

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Research: Crypto Mining Malware Still Abundant Despite Market Decline

Researchers at Kaspersky Labs have released a report stating that 2018 has been the year of the crypto-miners. Previous years were noted for ransomware or browser hijackers but this year has seen the biggest rise in mining malware designed to commandeer unsuspecting computers for their processing power.

2018-11-29 14:00	XMR
malware mining research year decline still crypto

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Solar Energy-Powered Mining and PoS Could Make Cryptocurrencies Environmentally Sustainable

One of the chinks in the armor of blockchain technology is its intensive energy consumption. However, a report by Harvard Business Review, published November 27, 2018, sheds light on some of the lesser, and even nil, energy-consuming alternatives that can pave the way for DLT to be the global disruptor as it is often deemed to be.

2018-11-28 20:00
blockchain make dlt cryptocurrency way global pave

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Botnet operators ditch DDoS attacks for cryptocurrency mining malware

Leading cybersecurity unit Kaspersky Labs has warned hackers are “reprofiling” the world’s most well-known botnets en masse in order to spread their cryptocurrency mining malware as widely as possible.

2018-11-28 18:56	hard fork
malware mining cryptocurrency world bitcoin cryptojacking outright

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Is At-Home GPU Mining Dying?

On November 14, 2018, quantitative trading firm Susquehanna published a report on the state of the digital currency mining sector. More specifically, the report focused on the Ethereum network and its steep decline in profitability.

2018-11-27 18:00	Mining
ethereum mining network report gpu susquehanna participating

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Bitcoin Miner’s Future Looks Bleak as Hash Rate Drops by 24% in Three Months

According to a report published by Bloomberg, November 26, 2018, the Bitcoin Network’s hash rate has dropped by a whopping 24 percent from its ATH in late August 2018. This, in turn, could force many small and medium scale bitcoin miners to abandon their mining operations due to the inability to breakeven costs.

2018-11-27 16:00	Mining
bitcoin hash rate 2018 miners breakeven inability

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$5 Million Lawsuit Against Bitmain Filed in Northern California

A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.

2018-11-27 21:38	Law & justice
bitmain devices cryptocurrency customers mine court asic

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Bitcoin Price Crash Forces the Chinese Miners to Sell Their Equipment As Junk

It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices.

2018-11-25 00:00
bitcoin cryptocurrency miners mining price blockchain breakeven

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Norway: Government Removes Electricity Subsidy for Bitcoin Mining Facilities

According to a report published by Norway’s largest distributed newspaper Aftenposten to November 21, 2018, the Scandinavian country’s government has decided to do away with electricity subsidy provided to bitcoin mining entities.

2018-11-24 15:00	Taxes
mining bitcoin electricity norway country cryptocurrency subsidy

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U.S. Mining Pioneer GigaWatt Files for Bankruptcy in Washington

GigaWatt, one of the earliest players in Central Washington’s bitcoin boom, has filed for bankruptcy protection, making it the latest casualty in an industry hammered by falling prices, the Seattle Times reported on November 21, 2018.

2018-11-23 12:00	Mining
washington bitcoin protection latest pioneer bankruptcy gigawatt

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U.S. Bitcoin Mining Pioneer GigaWatt Files for Bankruptcy in Washington

2018-11-23 04:00
bitcoin washington latest protection pioneer gigawatt bankruptcy

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Markets Update: Dump Drives Record BTC Volume on Binance, XRP Extends Lead Over ETH

Cryptocurrency markets have continued to see significant losses, with BCH, BTC, and ETH posting new lows for 2018. Despite also losing fiat value, XRP’s gains when priced in BTC have extended its dominance over ETH.

2018-11-21 21:30	XRP
eth btc markets xrp bch lows continued

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Colorado State Commissioner Issues New Cease-and-Desist Orders Against Four Crypto Firms

Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18.

2018-11-22 19:23	Law & justice
investors orders against colorado ico icos profits

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Bitcoin Mining Giant Bitmain Launches Data Center in Washington Despite Crypto Crash

World’s leading bitcoin mining hardware manufacturer, Bitmain has launched a new $20 million data center for cryptocurrency mining in the East Wenatchee area of Washington, United States, actively expanding its global digital assets mining operations despite the ongoing bitcoin price slump, reported NW news network on November 18, 2018.

2018-11-21 16:00
bitcoin bitmain mining despite crypto washington data

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Cybercriminals Attack Make-a-Wish Website to Mine Monero

The recent victim to a cryptojacking attack is U. S. -based non-profit organization Make-A-Wish Foundation’s website. Since March 2018, the hacker has been taking advantage of the Drupal vulnerability to mine Monero cryptocurrency, as per research findings from an independent research lab.

2018-11-21 12:00	Privacy
research cryptocurrency vulnerability cybercriminals website crypto drupal

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Crypto Really Is Cool in Israel

Cryptocurrencies and blockchain tech have taken the stage in Israel. The country’s first dedicated cryptocurrency investment company has launched two funds, expecting to raise $50 million in assets under management.

2018-11-20 09:00
israel cryptocurrency country crypto investment really cool

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Federal Election Commission Gives Green Light for Political Mining Pool Donations

The U. S. Federal Election Commission (FEC) has given tacit permission for mining pools to donate to political campaigns. The FEC released a memo on their website on November 13, 2018, to provide background information to a formal meeting that would take place on November 15.

2018-11-20 00:41	Regulation
osianetwork mining fec political pools request may

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NVIDIA Q3 2018 Earnings Report Solidifies Drying Crypto Mining Business

American technology company NVIDIA released its Q3 2018 earnings report on November 15, 2018, which states that the company’s graphics processing units (GPU) sales among cryptocurrency miners has plummeted a great deal since Q4 2017 cryptocurrency boom.

2018-11-18 15:00	Nvidia
2018 nvidia cryptocurrency report company crypto earnings

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Terra Mining Exhibition Comes to Moscow on December 6, 2018

Moscow will host an exhibition forum on the cryptocurrency mining on December 6, 2018. The end of year is a good time to take stock and start making plans for the future. Of course, you can hope for a miracle and make a wish under the chiming clock , so that the cryptocurrency doesn’t lose its relevance in 2019 year and.

2018-11-17 18:00	Mining
cryptocurrency 2018 year moscow mining exhibition december

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TerraMining – Practice Business

December 6, 2018 year in Moscow will host an exhibition forum on the cryptocurrency mining. The end of year is a good time to take stock and start making plans for the future. Of course, you can hope for a miracle and make a wish under the chiming clock , so that the cryptocurrency doesn’t lose its relevance in 2019.

2018-11-17 14:00	Press Release
cryptocurrency year lose doesn wish make under

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McAfee Labs Report: Crypto-Jacking Malware Mining Several Coins on Host System Detected

A report submitted by McAfee researchers on November 12, 2018, claims that a new crypto mining malware capable of mining different cryptocurrencies depending on the host’s system is on the loose. Russian Malware Attacks Global Networks Crypto-jacking malware and its attack vectors are becoming more efficient by the day.

2018-11-16 20:00	XMR
malware mining mcafee russian different cryptocurrencies new

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Ether Mining no Longer Profitable as Hashrates Decline

Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one.

2018-11-16 10:00
profitable longer mining cryptocurrency cnbc report ether

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Swedish County Battles with Unpaid Electricity Bills Left by Bitcoin Mining Companies

The Swedish county of Norrbotten has seen the failure of not one, but two recent cryptocurrency mining initiatives, has two companies have disappeared leaving millions in unpaid electricity bills, Sverige Radio reported on November 13, 2018.

2018-11-16 02:00	sweden
mining companies two cryptocurrency county swedish 2018

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Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in 2018

Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will shelve its IPO plans at least for the remainder of the year.

2018-11-15 23:00
ipo canaan creative 2018 bitcoin allowed company

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Research Reveals Ethereum (ETH) GPU Mining Profitability Drops to Zero

Despite the claims of being a decentralized coin, mining Ethereum with a GPU is not profitable in November 2018.

2018-11-15 19:44	News
gpu mining ethereum coin decentralized 2018 november

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Report: Cryptocurrency Mining Attacks Likely to Surge in the Future

Kaspersky Lab’s cyber threat and research arm Securelist published a report on November 13, 2018, which provides details on the rising trend of cyber attacks on cryptocurrency exchanges in Q3 2018. The report also mentions prominent cyber attack groups including Lazarus as well as observing massive growth in crypto mining attacks.

2018-11-15 10:00	security
cyber attacks cryptocurrency report 2018 trend crypto

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Israeli Cryptocurrency Mining Firm Files for Canadian IPO after 6,500 Percent Gains in Tel Aviv Stock Indices

Last week, cryptocurrency mining company Bitfarms filed a preliminary prospectus with the Ontario Securities Commission (OSC) in a bid to offer public shares on one of Canada’s most prominent bourses, reported Calcalistech on November 12, 2018.

2018-11-15 04:00	Regulations
canada cryptocurrency mining public one blockchain most

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Coinmine launches preorder for PoW cryptocurrency mining device and wallet

CryptoNinjas Based in Los Angeles, Coinmine simplifies and automates the complex process of making and maintaining your own crypto hardware and wallets. Founded by Farb Nivi and Justin Lambert, the company will launch in November 2018 with its flagship device, Coinmine One.

2018-11-15 23:33
coinmine device mining wallet preorder launches cryptocurrency

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“Bitmain Is Restructuring,” But Jihan Wu Still a Board Director: Source

Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring. Setting the record straight, Nishant Sharma, international marketing manager of Bitmain Technologies Limited, told Bitcoin Magazine that, instead of losing his position, Wu will continue on as a co-director of the board amidst a wider reorganization.

2018-11-15 21:26	Mining
board bitcoin bitmain restructuring firm company reports

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Daily Byte: Wednesday, November 14, 2018

Customizable mining malware is on the loose, Marshall Islands readies national cryptocurrency, cryptocurrency gets thumbs up from Islamic scholars, and Twitter hackers strike again.

2018-11-15 20:52	Technology
cryptocurrency thumbs gets national islamic scholars strike

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Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less than Three Months

Recently launched cloud server cryptocurrency mining service, Splitt is now making the heads turn in the global crypto community. Designed to make cryptocurrency mining user-friendly and safe for all, Splitt has secured an investment of well over $5 million from more than ten thousand investors over the last three months.

2018-11-14 08:30	Press Release
splitt cryptocurrency mining investors thousand three ten

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Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less than Three Months

2018-11-14 03:05	Sponsored
splitt cryptocurrency mining investors thousand months three

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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft

Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance.

2018-11-14 23:31	Law & justice
john doe bitmain mana wallet digital hacker

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DMG Blockchain Announces 85-Megawatt Crypto Mining Facility

On November 8, 2018, blockchain and cryptocurrency mining firm DMG Blockchain announced the opening of its new 85-megawatt crypto mining facility in Canada, as per a press release by Global News Wire.

2018-11-14 21:00	Technology
mining blockchain facility dmg crypto 85-megawatt announced

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Cloud Server Crypto Mining Service Splitt Sees Rapid Growth, Attracts Ten Thousand Investors in Less than Three Months

2018-11-13 12:17	Sponsored
splitt mining ten thousand investors crypto service

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Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less than Three Months

2018-11-13 05:31	Press releases
splitt cryptocurrency mining investors thousand months three

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Chinese Principal Fired for Crypto Mining on The Job

Headmaster Lei Hua has been fired from his job at a school in Hunan, China, after a total of nine mining rigs were found stealing his school’s electricity to mine Ethereum, the BBC reported on Friday.

2018-11-12 02:39	Mining
school mining chinese job fired gizmodo crypto

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Crypto Researchers Report: Smart Cryptojackers Are Exercising Hidden Means to Infect Victims

Cryptojackers make up most of 2018, as numerous hacks and scams have since been revealed. With this being said, a group of researchers at Trend Micro found that said jackers are finding smart ways to prevent themselves from being caught at all costs.

2018-11-11 22:00	News
researchers crypto being said cryptojackers smart themselves

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Latest Crypto Mining Malware Viruses Cridex and Gozi Reinvent Themselves to Target Exchanges

A new computer virus that spread all over the web is threatening Switzerland. The virus allows the attacker to mine Monero (XMR) using the victim’s CPU power. This kind of virus was ranked as the sixth most significant malware to hit Switzerland during the first half of 2018. The information was released in a paper […]

2018-11-10 06:11	News
virus switzerland malware ranked victim using cpu

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Canadian University Shuts Down Entire Network After Mining Attack

Last week St. Francis Xavier University in Nova Scotia, Canada reportedly shut down its entire computer network for four days due to an attempted mining attack. St. Francis Xavier, a Canadian university, shuts down its IT network to deal with a cryptocurrency mining malware infectionhttps://t.

2018-11-9 00:00	cryptojacking
network mining university entire down attack shuts

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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today

Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15.

2018-11-9 18:52	Mining
bitmain mining 7nm chip chips two companies

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Bitcoin Mining Hardware Manufacturer Bitmain Releases New 7nm Antminer Hardware

On November 5, 2018, the mining rig manufacturer Bitmain Technologies has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, which will go on sale on November 8. Bitcoin Mining Behemoth Releases Antminer Hardware Bitmain, the largest bitcoin mining firm in the world and one of the most valuable companies in the cryptocurrency industry, has announced that it will.

2018-11-7 19:00
mining bitcoin antminer hardware bitmain manufacturer cryptocurrency

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Crypto Exchange BTCC Shutting Down its Mining Pool Business

After four years of operation, Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business, BTCC Pool Limited, the company announced on their website on November 6, 2018. Mining Company BTCC Pool Shut Down Indefinitely A major crypto exchange based in Hong Kong has announced that it will be shutting down its mining pool business.

2018-11-7 10:00
btcc pool down mining exchange crypto shutting

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Bitfury Secures $80M in Private Funding Round

Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc.

2018-11-7 01:06	Investing
bitfury bitcoin company mining computing round high-performance

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