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Some Crypto-Mining Operations Are Not What They Say They Are

Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent […] The post Some Crypto-Mining Operations Are Not What They Say They Are appeared first on Bitcoin News. дальше »

2018-7-22 18:35


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Op Ed: Addressing the Threat of Cryptomining Malware

One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »

2018-7-18 23:18


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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »

2018-7-14 01:04


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Cryptojacking Up 629% in Q1 2018, Says McAfee Report ‘Infect and Collect’

Cryptojacking malware activity rose a staggering 629 percent in the first quarter of 2018, according to a new report published by cyber security firm McAfee Labs June 27. Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. The McAfee Labs Threats Report for June дальше »

2018-6-29 16:27


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16 arrested in Monero Japan on the Crytojacking case

Japanese prosecutors from 10 prefectures have arrested 16 individuals suspected of involvement in an ongoing criminal case of cryptojacking, local news outlet The Asahi Shimbun reports June 15. Cryptojacking is the practice of using unsuspecting users’ processing power in order to mine cryptocurrency for the attacker. According to the report by Asahi Shimbun, the arrested дальше »

2018-6-17 03:07


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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