Category : Mining
Hackers Use Malicious Code in WAV Audio Files To Mine Cryptocurrencies
Threat researchers have discovered malicious code in WAV audio files, code that hackers use to mine cryptocurrencies. Hackers earn thousand of dollars per month On...
New DLT Protocol Scalable, Secure Without Consensus, Researchers Claim
Researchers have developed a new algorithm for distributed ledger protocols, which reporters claim could achieve security without the high power consumption of Bitcoin (BTC) mining....
Layer1 Secures $50M from Peter Thiel, Others to Mine Crypto in Texas
Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from a number of industry stakeholders in a Series A funding round. As Fortune reported...
US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power
The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for...
Virginia Bitcoin Mining Operation Ordered to Liquidate Assets
BCause Mining, a Bitcoin (BTC) mining operation in the city of Virginia Beach in the United States, was ordered to liquidate its assets. In an...
Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs
Leading Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new series 17 Bitcoin (BTC) mining machines in a blog post published on Oct. 9....
Customs Agents Seize Crypto Mining Units Smuggled out of Mongolia
The Federal Customs Service of the Russian Federation stopped the illegal import of four crypto mining devices from Mongolia into Russia. Crypto mining equipment confiscated...
Government of Uzbekistan Triples Tax on Electricity for Crypto Miners
The government of the Republic of Uzbekistan has ordered a 300% increase on electricity tariffs for cryptocurrency miners. According to a Sept. 27 announcement, the...