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Germany: Six Arrested in Illegal Crypto Mining Operation
German police have arrested six members of a mining ring who were making use of stolen electricity to mine currency since 2017, as reported by Freie Presse, February 6, 2019. Hijacked Power While people around the world enjoy using cryptocurrency, the actual process of mining crypto is quite tedious and more importantly, expensive, particularly inRead MoreRead More. дальше »
2019-2-9 06:00 | |
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What Is Power Ledger Network? Introduction to POWR and Sparkz Tokens
What Is Power Ledger? Power Ledger (POWR) is a dual-layer blockchain-based, peer-to-peer energy platform that lets users buy and sell electricity. The Australian platform uses dual-chain architecture, with one layer residing on Ethereum and using POWR ERC-20 tokens and the other using the Ecochain platform and using Sparkz. дальше »
2019-2-8 21:39 | |
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New Infrared Heating System Promises to Radically Cut Electricity Costs and Reduce Emissions Worldwide
Saiterm vows to revolutionise the global heating market with their eco-friendly infrared “Spring” technology. Homeowners will soon be able to cut their electricity bills using breakthrough infrared heating technology from Saiterm. дальше »
2019-2-6 01:22 | |
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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada
When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs. дальше »
2018-12-22 21:41 | |
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Crypto-mining malware saw 4,000% increase in 2018
One of the most common hacks to punctuate the 2018 cryptocurrency media was illicit crypto-mining, also known as crypto-jacking, a recent report shows just how widespread it is becoming. According to the latest report from cyber security firm McAfee Labs, 2018 saw a 4000-percent increase in instances of crypto-mining malware. дальше »
2018-12-20 15:06 | |
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How Using Solar Power Energy Can Help Make Crypto Mining Ecofriendly
How Using Solar Energy Can Help Make Mining Cryptos Ecofriendly Lately, there’s been a lot of concern about the environmental damages caused by crypto mining. These damages are caused by vast amounts of electricity consumed during the process of powering ASIC devices and mining cryptos. дальше »
2018-12-1 22:32 | |
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Chinese school teachers caught mining Ethereum at work
Two principals at a Chinese school have been caught using their employer’s electricity to mine Ethereum, according to local news outlet HK01. The report details how employees at Puman Middle School in Hunan province had been witnessing excessive noise from computers over the last few months – day and night, even during the holidays. дальше »
2018-11-8 18:23 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Dev sends Bitcoin without using the web or the power grid
One day we might all be able to send Bitcoin from literally anywhere in the world, with no electricity and no internet connection. Off-grid cryptocurrency transactions seem to be becoming an achievable possibility as yet another developer has managed to send Bitcoin without a data connection, using low-cost consumer grade hardware. дальше »
2018-10-16 13:32 | |
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Fincen Claims Iran Is Using Crypto to Evade Sanctions
The Financial Crimes Enforcement Network has warned U. S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. дальше »
2018-10-15 15:35 | |
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To Sell or Not to Sell: That Is No Longer The Question For Miners
Today, cryptocurrency mining operators could benefit from taking out loans while using their mined coins as collateral to cover their expenses and persevere during the current bear market. Miners Can’t Hodl…or Can They? Large-scale miners have enormous fixed costs, which they must pay regardless of the price their mined coins are currently worth. дальше »
2018-9-11 22:00 | |
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Are We Using the Wrong Metric to Measure Bitcoin’s Energy Consumption?
Dr. Katrina Kelly, a researcher in clean energy technology, recently published an article on The Conversation questioning the overwhelming concern around Bitcoin’s growing energy use. While Kelly agreed that Bitcoin consumes a lot of energy, she noted that it is possible to increase electricity production while ensuring that there is minimal impact on the environment. дальше »
2018-8-25 19:55 | |
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Crypto Startup Taps Larry King in Shared Effort to Combat Climate Change
In a message on GEAR Token’s website, iconic political talk show host Larry King says that global climate change is threatening humanity’s existence and is “a potentially catastrophic issue from the combustion of fossil fuels . дальше »
2018-8-13 18:08 | |
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Japanese Man Free Company Electricity $ 500 Mutual Inc Mining
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. Also read: Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case An Extraordinary Income “Virtual currencies are processed cryptographically,” Sora-san, a Japanese man working in a major Japanese manufacturing дальше »
2018-7-6 11:38 | |
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Japanese Man Exploits Free Company Electricity 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. дальше »
2018-7-6 10:25 | |
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Blockchain Technology Now Being Utilized for Selling Excess Electricity
The idea behind people selling excess electricity to each other is now becoming a reality through the use of blockchain technology. Australia’s blockchain start-up Power Ledger and Clean Energy Blockchain Network are using blockchain technology to gather and digitize the electricity information of consumers. дальше »
2018-7-4 16:29 | |
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How Blockchain and A.I. Can Disrupt the Electricity Industry
Julius Tan, the 29-year-old co-founder and CEO of Electrify, believes that the electricity industry is ready for disruption. By using blockchain technology and artificial intelligence, he is confident that he can transform the once centralized industry into a new decentralized and sharing economy. дальше »
2018-6-29 20:14 | |
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Monero mining software coinhive investigate by Japanese Police in Cryptojacking case
Japanese police are investigating three suspects linked to Monero-mining software Coinhive in a cryptojacking case as reported by a trusted source. Coinhive, which was founded in 2017, has turned out to be one of the most extensive online tools to mine Monero on websites using visitors’ CPU power and electricity and has been used to […] дальше »
2018-6-14 19:09 | |
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