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Monero Plans To Fork For ASIC Resistance In March
Monero, the crypto market’s leading privacy coin, is apparently closing in on a new fork that will help the coin achieve resistance against specially-designed ASIC mining devices. According to a recent Reddit post, the update will occur in just four weeks. дальше »
2019-2-13 18:48 | |
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Police Mistake Crypto Mining Rigs For Drug Den in Raid Gone Wrong
Police in Adelaide, Australia raided the home of Rob Butvila expecting to find a marijuana grow room, but instead they found an elaborate crypto mining set up, complete with a ventilation system to keep heat the miners generate at bay. дальше »
2019-2-12 23:01 | |
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Bitmain’s Crypto Mining Dominance is Dropping as New Data Shows BTC Mining is Becoming More Decentralized
According to recently released statistical data from Bitaps, it now appears as though BTC mining is gradually becoming more and more decentralized with each passing day— so much so that six transaction confirmations can now provide complete protection against the issue of ‘double spending’. дальше »
2019-1-19 20:13 | |
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Bitcoin Mining Getting More Decentralized As Bitmain Loses Dominance
Bitcoin mining has become so decentralized that six transaction confirmations now provide “complete protection” against double spending. Data: Mining Monopolies Dwindling That was the conclusion drawn among social media commentators analyzing the latest statistics about the Bitcoin mining industry, which as of January 16 showed no single pool controlling more than 11. дальше »
2019-1-18 20:00 | |
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Moonday Mornings: Ethereum Classic hackers return $100K worth of stolen funds
It’s another Monday and that means we have another Moonday Mornings for you. Here’s what you need to catch up on from over the weekend. 1. Nine cryptocurrency mining firms have decided to band together and sue a Washington State utility company after it raised electricity costs. дальше »
2019-1-14 13:07 | |
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Huobi to Launch Crypto Exchange Dedicated to EOS
Huobi Pool, Huobi Group’s cryptocurrency mining arm, will launch a EOS-dedicated cryptocurrency exchange in Q1 2019, the company said last week. The new exchange will allow users to trade EOS against “a number of other cryptocurrencies. дальше »
2019-1-1 15:44 | |
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U.S. Sanctions have Led to Rise in Bitcoin Mining in Iran
Even though the Iran Rial is weakening against the USD, as well as the bear market Bitcoin and other cryptocurrencies are facing, many Iranians are turning to mine digital tokens to help make money, as per a report on December 17, 2018. дальше »
2018-12-21 15:00 | |
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Bail Bloc Is Mining Monero (XMR) to Help Bail out ICE Detainees
The news outlet Observer reported on December 12, 2018, that Bail Bloc would be directing their Monero mining contributions to bail migrants out in ICE detention facilities. The “cryptocurrency scheme against bail” is partnering with the Immigrant Bail Fund to help the roughly 44,000 detainees finance their indemnity. дальше »
2018-12-14 14:00 | |
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UnitedCorps Launches Suit Against BCH ABC Supporters. “Bitmain and Bitcoin.com Hijacked the Blockchain”
United American Corp. (UnitedCorp), a digital technologies company focused on developing products related to blockchain technologies, and cryptocurrency mining (among other practices) has decided to take legal action against the most critical players on the BCHABC camp of the infamous “BCH hash war“, accusing them of manipulating not only the market but also the core […] The post UnitedCorps Launches Suit Against BCH ABC Supporters. дальше »
2018-12-8 20:57 | |
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Lawsuit Filed Against Roger Ver, Bitmain, Kraken Over ‘Hijacking Bitcoin Cash Network’
On December 6, 2018, publicly listed American internet services company UnitedCorp filed a lawsuit against Bitcoin Cash proponent Roger Ver, the founder of bitcoin. com, bitcoin mining giant Bitmain and cryptocurrency exchange Kraken for allegedly hijacking Bitcoin Cash network unlawfully for personal benefit. дальше »
2018-12-8 09:00 | |
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Bitcoin Mining is Still Almost 50% More Profitable to Miners than Bitcoin SV
CoinSpeaker Bitcoin Mining is Still Almost 50% More Profitable to Miners than Bitcoin SV Bitcoin Cash price is under a lot of pressure after it broke the $150 support against the US Dollar. дальше »
2018-12-6 13:22 | |
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Bitcoin’s Network Just Experienced Its Second Largest Downward Adjustment
As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime. дальше »
2018-12-4 01:01 | |
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Crypto Prices And Hashrates: CoinShares Looks At The Bitcoin Mining Milieu And Environmental Costs
Money makes the world go round and capitalism is based off that notion. However, what happens when there are no profits in sight, and the costs are too high; for the producer as well as for the environment. дальше »
2018-12-2 22:43 | |
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Texas State Securities Board Enforces Emergency Action Against Dubious Crypto-Mining Company
The Texas State Securities Board issued on November 27 an “Emergency Cease and Desist Order” against a cryptocurrency mining and trading business, dubbed My Crypto Mine. ‘My Crypto Mine’ Promised Insane Guaranteed Profits The California-based My Crypto Mine was allegedly offering unregistered securities tied to cryptocurrencies in the state of Texas. дальше »
2018-11-28 15:59 | |
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Russian Miners Sell Their Equipment Amid Market Plunge
A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. дальше »
2018-11-27 14:20 | |
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$5 Million Lawsuit Claims Bitmain Mined at Expense of U.S. Customers
Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its ASIC devices “to mine crypto currency for the benefit of itself rather than its customers who purchase the products”. дальше »
2018-11-27 13:00 | |
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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. дальше »
2018-11-27 21:38 | |
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Class Action Lawsuit Against Bitmain Alleging Unauthorized Crypto Mining Worth $5 Million
Class Action Lawsuit Pursued Against Bitmain, Alleging Unauthorized Crypto Mining Bitmain is one of the predominant mining companies in the cryptocurrency space, so it would be fair to assume that they are following all of the right protocols in their efforts. дальше »
2018-11-26 21:35 | |
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Italian Securities Regulator Warns Against Three Unlicensed Cryptocurrency Companies
Italy’s financial regulator, the National Commission for Companies and the Stock Exchange (CONSOB), has warned against three cryptocurrency companies engaged in schemes to promote cryptocurrency mining and investments. дальше »
2018-11-22 06:10 | |
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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. дальше »
2018-11-22 19:23 | |
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What Are X11 Coins? Specialized Mining and the Blockchain Battlefield
The X11 algorithm was an early attack against specialized mining hardware but is the software still able to keep them at bay? The post What Are X11 Coins? Specialized Mining and the Blockchain Battlefield appeared first on CoinCentral. дальше »
2018-11-20 22:30 | |
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Energy Consumption Comparison Between Ripple, Bitcoin and Visa Sees XRP Win on Mining Costs
One of the biggest criticism against Bitcoin has been its energy-intensive Proof Of Work Algorithm. Just the phrase ‘Crypto-Mining’ is synonymous to operations that have high energy usage. Yet, mining remains the backbone of the crypto industry. дальше »
2018-11-15 03:35 | |
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Bitmain Files Anonymous Lawsuit Against Hacker Who Stole 617 BTC from Company’s Binance Account
The United States has a long and proud history of litigation. While some would argue this right has been abused, there is no denying its importance in defining the American spirit. Now the mining rig manufacturer Bitmain has filed a lawsuit against an unidentified hacker who is suspected to have stolen from the company’s Binance […] дальше »
2018-11-12 01:39 | |
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Bitmain Files ‘John Doe’ Lawsuit in the State of Washington
According to court documents filed in Seattle, Washington, the mining rig manufacturer Bitmain has filed a lawsuit against an unidentified suspect who hacked the company’s Binance account. Bitmain hopes to identify the defendant “John Doe” and recover the stolen BTC siphoned from the organization’s cryptocurrency holdings held on the exchange. дальше »
2018-11-11 00:15 | |
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Big Crypto Bag Holder Barry Silbert Says Bitcoin Mining is 50x More Useful than Gold
Barry Silbert, the COE and founder of Digital Currency Group, pushed back against claims concerning bitcoin mining that had appeared in the Nature International Journal of Science. The article explained that mining of bitcoin is three times costlier than gold and its emissions are substantial when it comes to the four largest cryptocurrencies. About 3 […] дальше »
2018-11-8 19:24 | |
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Texas Securities Board Hits Two “Fraudulent” Mining Operations with Emergency Cease-and-Desist Orders
The Texas Securities Board pounces on two mining operations using social media and multilevel marketing to propagate a transnational web of “fraudulent crypto-mining programs”, Director of Enforcement Joseph Rotunda informs CryptoSlate. дальше »
2018-11-8 15:00 | |
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Texas Takes Action Against Cryptocurrency Mining Company Promising 200% Profit
The Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cryptocurrency mining company and its affiliates. According to the order, the company represents that investments in its mining contracts are “guaranteed to 200% profit. дальше »
2018-11-8 06:35 | |
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Texas Takes Action Against Crypto Company Promising 200% Profit
The Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cryptocurrency mining company and its affiliates. According to the order, the company represents that investments in its mining contracts are “guaranteed to 200% profit. дальше »
2018-11-8 06:35 | |
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Texas State Securities Board Takes Emergency Actions Against Crypto Fraudsters
The Texas State Securities Board entered emergency action on November 6, against two fraudulent companies involved in cryptocurrency mining activities. AWS Mining PTY Ltd and EXY Crypto had been allegedly deceiving investors promising unrealistic returns, enticing them through social media platforms and by recruiting unlicensed multilevel marketing agents, respectively. дальше »
2018-11-7 18:59 | |
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GMO Internet’s October Update Shows Spike in Bitcoin Cash Mining Numbers Prior to BCH Fork
GMO’s Update For October Shows Increasingly High Numbers For Bitcoin Mining The GMO Internet Group, a crypto mining company, released a report on November 5th that showed the monthly update for the performance in October. дальше »
2018-11-6 02:35 | |
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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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3.2 GB Block Sizes: Developers Bash Bitcoin Climate Change Study as ‘Fake News’
Bitcoin Core developer Peter Todd joined the backlash against a “fake news” report about Bitcoin’s impact on global warming October 29. This occurred after multiple appearances in mainstream media publications. дальше »
2018-10-30 10:45 | |
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Blockstack Looks to Boost Decentralized App Usage Through New App Mining Program
As a company looking to give users full control over their digital rights, Blockstack is piloting a new app mining program that encourages designers to create new applications directly on Blockstack’s platform and earn rewards in bitcoin. дальше »
2018-10-24 00:30 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Washington Town Ephrata Pushing Back Against Cryptocurrency Mining
The small Washington community of Ephrata is just the latest in a growing number of communities inside of Grant County moving to halt crypto activity. When the city council of Ephrata, Washington, recently voted to halt new cryptocurrency-related mining operations in the town for the next year. дальше »
2018-10-22 05:00 | |
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company
The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. дальше »
2018-10-18 20:05 | |
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White House to Pit XRP Against Bitcoin Fearing China’s Mining Dominance
The U. S. administration is interested in pitting Ripple’s centralized XRP token against Bitcoin to tackle China’s crypto dominance. Cory Johnson, Ripple’s new chief marketing strategies, told Breaker Magazine that the White House is researching the consequence of China’s Bitcoin mining dominance, which currently amounts to over 80 percent. дальше »
2018-10-17 21:30 | |
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How Monero Are Improving Human Rights With XMR
Listen Here – https://soundcloud. com/cryptodaily/how-monero-are-improving-human-rights-with-xmr Monero is considered to be the privacy coin, the currency of choice for absolute privacy. Now, privacy doesn’t necessarily mean security and we should remember that 2018 has seen a tonne of ‘Monero mining’ hacks, calling into question some of the projects integrity. дальше »
2018-10-12 17:00 | |
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Has Bitcoin (BTC) Finally Succumbed To Stock Market Pressure?
Bitcoin (BTC) held its ground when the stock market plunged deep into the red yesterday. Both the S&P 500 and Dow Jones Industrial Average registered significant drops. However, Bitcoin (BTC) remained unaffected by it. дальше »
2018-10-11 17:00 | |
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