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Forbes Lists Six Crypto Mining Business Models That May Surprise You
IT industry analyst, Jason Bloomberg recently wrote an article on Forbes, detailing how crypto miners make money. He talked about the six most common crypto mining business models that are helping people make money, even though some may not be completely legal. дальше »
2019-1-23 14:59 | |
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New Unit 42 Research Shows “Rocke” Crypto Mining Malware Has Started To Be “Self-Aware”
Crypto Mining Malware Has Started To Be “Self-Aware” Crypto mining malware is one of the worst threats that people are facing right now. With the rise in the price of crypto's (especially Bitcoin and Monero), many malware appeared to use people’s computers to mine tokens and make a profit. Now, The Next Web’s Hard Fork […] дальше »
2019-1-17 20:57 | |
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Bitcoin Scammers Make Their Way to BBC, Disguising False News Websites to Mine Bitcoin
Hackers seem to always find a way to trick consumers, but the use of false websites and networked computers make it possible for them infiltrate for mining profits. In a new hacking situation, scammers have programmed illegitimate BBC News websites to perform mining for Bitcoin rewards. This scam was found by researchers at the first […] дальше »
2019-1-17 00:27 | |
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Quantum Threat
IBM has just come out with the world’s very first commercially available quantum computer known as the Q System One. For those of you who aren’t familiar, quantum computers think a bit differently than the PCs and smartphones we have now and are much better at solving complex mathematical problems. дальше »
2019-1-12 07:00 | |
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Bitcoin Magazine Launches Custom Block Explorer
As part of the new Bitcoin Magazine site, we’ve launched a custom block explorer, using Blockstream’s open-source implementation Esplora. What Is a Block Explorer?Bitcoin runs on a distributed network of computers that participate in securing and maintaining a ledger of transactions called a blockchain. дальше »
2019-1-3 06:35 | |
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Syncing Data Between Bitcoin Nodes Is About to Get Easier
Minisketch is a new solution that’s trying to solve an old problem. Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node. дальше »
2018-12-18 18:48 | |
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Razer Launches ‘SoftMiner’ for Gamers; Mine Crypto for Store Credits
Razer has launched a new program that utilizes the world of digital currencies and gaming. The gaming hardware manufacturer has introduced a new SoftMiner program that allows gamers to mine digital currencies when their computers are idle. дальше »
2018-12-13 17:29 | |
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Bitcoin Mining: Everything you need to know
Bitcoin mining is a term that everyone in the cryptocurrency and even many outsiders are familiar with. This is a process performed by high-powered computers (also known as nodes), which solve complicated computational math problems. дальше »
2018-12-5 17:47 | |
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South Korea Is Trialing Blockchain Voting — Here’s What That Means
South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »
2018-12-4 21:41 | |
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Bitcoin Mining: Everything You Need to Know
Bitcoin mining is a term that everyone in the cryptocurrency and even many outsiders are familiar with. This is a process performed by high-powered computers (also known as nodes), which solve complicated computational math problems. дальше »
2018-12-3 17:43 | |
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SamSam Ransomware hackers that pocketed millions in bitcoin indicted in Atlanta
Over the past few years, SamSam has wreaked havoc on victims spanning the entire globe. SamSam is a type of malware called ransomware that blocks users access to their own networks and computers until is a ransom is paid to the attacker. дальше »
2018-11-30 00:00 | |
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Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco
To successfully conduct a 51 percent attack on the Bitcoin network would cost an incredible $1. 4 billion. This massive network supports over 5 million specialized ASIC mining computers, consuming a total of 29 Terahashes of electricity—as much as the entire country of Morocco. дальше »
2018-11-29 14:00 | |
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Quantum Computers Can Pose A Risk To Blockchain Technology
Although blockchain networks are designed to be secure, immutable, and tamper-proof, a new research paper from Cornell University found that blockchain networks are, however, susceptible to attack by a sufficiently large quantum computer. дальше »
2018-11-27 20:00 | |
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Bitcoin Miners Ruined by Downturn, “Selling Hardware by the Pound”; Giga Watt Files Bankruptcy
Miners have been decimated by the market downturn. In response, miners have started decommissioning hardware, mothballing rigs, and even selling hardware by the pound. Bitcoin and cryptocurrency proof-of-work (PoW) mining is a controversial topic. дальше »
2018-11-22 03:55 | |
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Canadian University Shuts Down Network to Stop Bitcoin Cryptojacking Attack
Reports have surfaced that a Canadian University has shut down its entire network due to a mass cryptojacking attack. Malicious crypto mining software remains a growing threat, affecting personal computers and in some cases, entire businesses across the globe. дальше »
2018-11-8 03:11 | |
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Living in a Post-Quantum Cryptography World
The slow yet steady development of quantum computers has brought major security fears to the forefront of the cryptocurrency sector as well as many other industries. This article explains the problem, its origin, mechanisms, and implications as well as the steps that are being taken to remedy the threat that quantum computers pose. дальше »
2018-11-7 16:00 | |
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IOTA Collaborates With Ledger, a Leader in Cryptocurrency and Blockchain Security
The IOTA Foundation is collaborating with Ledger, a leader in blockchain and cryptocurrency security, according to a blog post published on Nov. 2nd. The collaboration allows IOTA token holders to isolate their tokens from devices such as computers or smartphones. дальше »
2018-11-4 20:59 | |
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Bitcoin Mining: Why Better Methods will Eventually Come
In the history of computing, the first instrument that was used which was close to a computer was the Abacus which existed over 5000 years ago. This preceded the invention of the first computers in the 1940’s known as first generation computers. дальше »
2018-11-4 21:16 | |
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Mac Cryptocurrency Price Tracking App Installs Backdoors to Control Host Computer
A Trojan pretending to be a macOS cryptocurrency ticker called CoinTicker was discovered installing backdoors on the computers of unsuspecting users, Bleeping Computer reported on October 29, 2018. Mac Cryptocurrency Price Tracker Caught Installing Backdoors Dozens of cybersecurity publications sounded the alarm over another cryptocurrency malware that was discovered on October 29, after a Malwarebytes forum user reported a trojan. дальше »
2018-10-31 18:00 | |
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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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Malware Posing as Flash Update Mines Monero [XMR]
Crypto mining has become very common these days for hackers to earn a handsome income while putting a person’s devices at risk. Slowing computers, rising electricity bills, and other issues are caused because a hacker has infiltrated a computer through a malicious link or software. дальше »
2018-10-13 16:19 | |
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Europe, Japan and the ‘Drug’ of Quantitative Easing
Last month, news. Bitcoin. com examined the problem of quantitative easing (QE) and its impact on the U. S. , and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillions of dollars worth of fiat currency simply by pressing buttons on their computers. дальше »
2018-10-11 22:20 | |
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Perlin Network to Help Millions in Using Their Spare Computing Power
The Perlin network is helping to utilize the spare computing power of millions of computers, phones, and other devices. This will be the first practical decentralized privacy-preserving cloud network. дальше »
2018-10-9 20:49 | |
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Overnight Crypto: Use Gaming Computer To Earn Bitcoin Mining Rewards?
What Is Overnight Crypto? The Overnight Crypto is a program that enables users to utilize the powerful gaming hardware within the computers they use for crypto mining, with the aim of helping them make money. дальше »
2018-10-9 09:47 | |
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Town In Canada Meets Hackers Demands With Bitcoin Ransom
In the Ontario province of Canada, holds the town of Midland which has a population of more than 16,000 people and has recently had its computer systems hacked and infected with ransom malware. The town of Midland has come to conclusion that they are going to meet the hackers wants and pay them (as per their demands) in Bitcoin, in order to get the computer system up and running again. дальше »
2018-9-12 13:00 | |
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Op Ed: DApps Can Increase Audience Engagement for Creators and Influencers
Many of us are familiar with the term “DApp,” which stands for “decentralized application. ”Foundationally, a DApp is an application that runs using blockchain technology on a decentralized network of computers instead of on a central database. дальше »
2018-9-4 21:43 | |
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Layer 1 Should Be Innovative in the Short Term but Less in the Long Term
One of the key tradeoffs in blockchain design is whether to build more functionality into base-layer blockchains themselves (“layer 1”), or to build it into protocols that live on top of the blockchain, and can be created and modified without changing the blockchain itself (“layer 2”). дальше »
2018-8-28 04:03 | |
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Noise Complaints May Cause Norwegian Bitcoin Mining Center to Shut Down
Norwegian bitcoin miner Kryptovault is facing a shutdown of its operations due to extensive noise complaints from locals and a lack of proper paperwork. The company, which is headquartered in a former paper mill in Norway’s capital of Oslo, uses more than 40MW of power to drive an arsenal of nearly 10,000 computers. дальше »
2018-8-24 23:36 | |
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What Must Institutions Do Before They Can Accept Bitcoin
Now we know what Bitcoin needs to do before it can become more widely adopted by institutions, but we must also consider what these institutions need to do too. What must Bitcoin do? Well it’s simple, Bitcoin needs to find balance, a steady price and see consistent regulation (adoption). дальше »
2018-8-22 16:00 | |
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Ripple’s CTO Invented a Distributed Computer System in the 80s Before Satoshi’s Bitcoin
David Schwartz, Ripple’s chief technology officer, had conjured a similar concept to Nakamoto’s Bitcoin blockchain 30 years ago, known as a “multilevel distributed computer system,” reported The Next Web on August 17, 2018. дальше »
2018-8-19 22:00 | |
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Ripple’s CTO invented a distributed computer system 20 years before blockchain – ask him about it
The mysterious Satoshi Nakamoto is often credited with inventing blockchain – the tech behind the recent cryptocurrency and decentralization boom. But long before Nakamoto published his seminal paper that shaped Bitcoin as we know it, Ripple chief technology officer David Schwartz had already come up a similar concept. дальше »
2018-8-16 15:33 | |
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Bitcoin Mining Giant, Canaan, Debuts World’s First Bitcoin Mining Television
Having a television that can double up as a mining rig seems like something out of a sci-fi flick. But Bitcoin Mining Giant, Canaan, has pulled this off and is offering its consumers a personal mining rig in the comfort of their homes. дальше »
2018-8-3 21:44 | |
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Abstractism Removed From Steam for Secretly Mining Cryptos Using Gamers’ PCs
Perhaps it’s because of the current low crypto prices, but some crypto miners are getting more creative in cutting down mining costs — by using other people’s computers to do the mining for them without their owners’ consent. дальше »
2018-8-3 19:02 | |
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Dutch Authorities Slap Bitcoin Ransomware Creators with 240 Hours Community Service
Two malicious coders who orchestrated a ransomware attack on 1,259 computers demanding bitcoin back in 2015 have finally been sentenced to 240 hours of community service by a Rotterdam court, according to a local news source NU on July 26, 2018. дальше »
2018-7-29 09:00 | |
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Bitcoin Ransomware Creator Sentenced
The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday. Melvin and Dennis van de B., aged 25 and 21, were convicted of accusing 1,259 computers in the Netherlands and other Western European countries with the ransomware and demanding bitcoin payments as a дальше »
2018-7-27 00:57 | |
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Hashflare To Cease Bitcoin Mining Operations As It’s No Longer Worth Money
Hashflare is a cryptocurrency mining service that allows users to connect with crypto mining pools. What this does, is controls a set amount of your computers processing power via the pool and rewards contributors with a share of the transactions that they facilitate. дальше »
2018-7-23 16:30 | |
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Could Quantum Computers Decipher Cryptocurrency Wallets’ Private Keys? One Researcher Thinks So
A worrying report was published yesterday in the online academic journal, The Conversation, warning that in the future, quantum computers might become capable of cracking cryptocurrency wallets’ private keys—giving potential hackers access to crypto users’ stored digital currencies. дальше »
2018-7-18 02:51 | |
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Quantum Computers & Bitcoin: Real Threat to Steal Crypto Funds or Not?
Quantum Computers Could Steal Your Bitcoin – Here’s How Offering to break the monotony of regulated fiat currencies is perhaps one of the key selling points of Bitcoin, the world’s largest cryptocurrency. дальше »
2018-7-18 23:48 | |
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Could Quantum Computers Decipher Cryptocurrency Wallets’ Private Keys? One Researcher Thinks So
A worrying report was published yesterday in the online academic journal, The Conversation, warning that in the future, quantum computers might become capable of cracking cryptocurrency wallets’ private keys—giving potential hackers access to crypto users’ stored digital currencies. дальше »
2018-7-17 03:00 | |
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Research: Quantum Computers Can Decipher Private Keys of Cryptocurrencies
Immutability and difficult-to-solve algorithms are the main attractions for cryptocurrencies like Bitcoin apart from potentially creating a new financial system. However, recent research suggests the underlying technology may not be as resilient as perceived. дальше »
2018-7-17 22:00 | |
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Bitcoin, virus and ‘spearphishing’ helped Russian agents hack Democratic Party computers in the American election
Unfortunately, our website is currently unavailable in most European countries. We are engaged on the issue and committed to looking at options that support our full range of digital offerings to the EU market. дальше »
2018-7-15 18:54 | |
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The Hash Rate of Bitcoin is taking over the Price of Bitcoin
Since last year the bitcoin hash rate — the amount of computing power used by bitcoin’s network of computers to create new coins — has soared as it rushes to catch up with the bitcoin price. Despite Bitcoin’s 2018 price slump, the principal cryptocurrency’s hash rate continues to surge at an astonishing pace. Although the value дальше »
2018-7-15 15:27 | |
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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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Op-Ed: Bitcoin’s Roots in the Great Law of Peace
Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money. дальше »
2018-7-14 00:48 | |
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BREAKING: Russians Indicted By Mueller Allegedly Used Bitcoin To Purchase Servers, Domains
“In an effort to conceal their connections to Russia, the defendants used a network of computers located around the world, and paid for it using cryptocurrency,” said deputy attorney general Rod Rosenstein. дальше »
2018-7-13 19:44 | |
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Russian Hackers Indicted By Mueller Allegedly Used Bitcoin To Purchase Servers, Domains
“In an effort to conceal their connections to Russia, the defendants used a network of computers located around the world, and paid for it using cryptocurrency,” said deputy attorney general Rod Rosenstein. дальше »
2018-7-14 19:44 | |
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