Mining crypto

Ether’s Lean And Mean ‘Merge’

Ether holds its breath for lean, means ‘merge’ Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: the merger. It’s the name of a major upgrade to the Ethereum blockchain network that many crypto projects are built on, aimed at making it leaner, meaner, and cleaner. It is elusive. The […]

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End of GPU mining? Crypto Crash forces miners to sell graphics cards

Key ideas: As BTC and ETH rapidly lose value, many miners are forced to auction off hoarded GPUs. Some industry experts say mining a single BTC would now cost up to $25,000. Ethereum would move to a Proof of Stake model, meaning miners would no longer use GPUs. For many years, bitcoin (BTC) mining has […]

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MAXUSDT launches cloud-based crypto platform for crypto

Seattle, June 20, 2022 (GLOBE NEWSWIRE) — MAXUSDT is one of the pioneers of the ideal platform that launched a mining campaign. It rewards all users with a sign-up bonus of 1000TRX. The cloud mining platform also offers a referral program where crypto miners receive a 12% commission for referring their friends and family. Getting […]

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Crypto Miners in Iran to Face Blackout as Mining Becomes Unprofitable

Iranian authorities have announced that crypto miners operating in the country will have their access to electricity cut off by June 22. According to a Tehran Times report, the decision was taken by the government to ensure sufficient energy supply for the citizens. A spokesman for Iran’s Energy Ministry, Mostafa Rajabi Mashhadi, said the Asian […]

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How Crypto Phishing Scams Continue to Cheat Investors

On May 29, a resident of Malabar Hill in Mumbai was tricked out of Rs 1.53 crore by cyber crooks promising good returns on cryptocurrency investment through a fake website. Two days earlier, on May 27, Charkop police arrested a 23-year-old management graduate for cheating investors out of Rs 1.5 crore after offering to invest […]

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California investor targeted in online crypto fraud

The California Department of Financial Protection and Innovation (DFPI) has received a complaint from a California resident regarding a crypto investment scam. The victim told the DFPI that he was contacted on Instagram by someone who referred him to “Rosabell” about the investment. Communicating via Whats App, Rosabell, who claimed to be an “account manager,” […]

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Ethereum price predictions: will ETH crypto go up?

Source: viktoryabov / Shutterstock.com With Ethereum (ETH-USD) dropping 16% to $1,237 this morning, the crypto’s plunge is partly blamed on a potential postponement of a change in the rules governing Ethereum mining. Meanwhile, analysts are releasing large-scale Ethereum price predictions. A change that will make it more difficult to mine Ethereum, thereby reducing the number […]

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Crypto Crash: Bitcoin Drops to 18-Month Low, Ether, Other Cryptocurrency Prices Also Plunge Today

Bitcoin price continued to sell off amid a broader cryptocurrency decline after a sharp rise in US inflation sparked risk aversion sentiment. The world’s largest digital token fell 7% to $25,366, an 18-month low. The most popular crypto is down over 43% so far this year (YTD) and is trading well below its all-time high […]

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EU member states could agree on a unified crypto law by the end of June

Key points to remember: The European Union is on the verge of reaching an agreement to regulate cryptocurrencies between its 27 member states. The representatives are due to meet on June 14 and 30. Issues yet to be resolved regarding cryptocurrencies include whether or not to include NFTs in the proposed rules, how to regulate […]

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Crypto’s Most Wanted Questions, Revealed

Global Spectrum / Pixabay “What is crypto” is by far the most searched question about cryptocurrency Interest in buying crypto comes next Other common curiosities relate to crypto mining and why the crypto market crashed The Most Wanted Questions About Crypto “What is cryptocurrency/crypto” is the most searched question on Google regarding crypto, a new […]

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Crypto-Incentive Mobile Networks Are Gaining Ground

It’s 2022 and your mobile carrier could be going crypto. There is a growing movement around building crypto-incentive peer-to-peer mobile networks. “What if we put Bitcoin mining in IOT hotspots to provide cover?” asked a helium engineer half a decade ago. As of June 2022, Helium now has over 845,000 hotspots worldwide, providing data coverage […]

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Crypto Miner Hut 8 Launches New Facility in Ontario, Bitcoin Mining Production Remains Robust

On Monday, Hut 8 Mining Corp, a Bitcoin mining company, released its Bitcoin (“BTC”) Production and miner installation updates for May 2022. According to the latest report from Hut 8 Mining Corp, cryptocurrency mining is a good investment. It is obvious that most miners seem to be solidly profitable. Hut 8 improved its bitcoin holdings […]

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Bitcoin Mining Crypto Electricity Costs Over 75% Revenue Cryptomonday

New Delhi: Bitcoin miners are spending more than 75% of their income on soaring electricity costs, resulting in a large carbon footprint that harms our environment, a new report revealed on Tuesday. Bitcoin (BTC) mining is a very power-intensive process. A recent study showed that a single Bitcoin transaction consumes approximately 2165 kWh of electricity […]

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What are crypto gas fees and how do NFT creators trade? To find.

When it comes to cryptocurrencies, NFTs, and DeFi, gas fees are a topic often discussed. Paying gas fees is a major step in the process of minting NFTs and also an important factor in DeFi. But what is it and how is it an important cost factor in blockchain transactions, find out here. What are […]

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Crypto mining startup finds unlikely partner in Duluth maker – Duluth News Tribune

DULUTH — So how did Ikonics — a modestly-sized maker of engraving and imaging products in Duluth — become an acquisition target for an East Coast cryptocurrency mining startup? Representatives for Ikonics lover TeraWulf Inc. declined to answer this question, posed by the News Tribune in recent weeks. But the more likely answer seems to […]

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VC Bull Kevin O’Leary Says Crypto Mining Ban Would Make New York Uninvestable

Shortly after the New York State Assembly considered imposing a two-year moratorium (currently suspended) on certain types of Proof-of-Work (PoW) cryptocurrency mining ventures ) on its turf, powerful industry figures are voicing their views on such efforts – including Shark Tank’s Kevin O’Leary. Specifically, the venture capitalist and multi-millionaire commented in a CNBC video on […]

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$4.5 Billion Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum Merger and More News

Source: Adobe/Dmitry Rukhlenko Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news. __________ Investment News venture capital firm a16z encryption announced a $4.5 billion crypto venture fund led by founder and managing partner Chris Dixon. Of this amount, about $1.5 billion will […]

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People looking to start their own crypto mining business are in luck now.

Paxmoo.com is a small-scale but superlative company that offers genuine crypto mining hardware and GPUs at the most affordable prices. Crypto is a thriving industry. Every day new milestones are reached by currencies. Crypto mining is an integral part of progressing almost any currency. It is a process used by Bitcoin and several other cryptocurrencies […]

Mining crypto

Verakari Crypto Mines Will Use CPower for Distributed Energy Resource Optimization

Partnership Implements CPower’s EnerWise™ Site optimization, allowing the new Crypto client to meet multiple grid needs with clean energy sources while maximizing site energy savings DALLAS, May 23, 2022 /PRNewswire/ — Today at PowerGen International 2022, leading national energy solutions provider CPower Energy Management (“CPower”) announced momentum following its recent EnerWiseMT Launched site optimization, with […]

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Texas crypto miners prepare for summer power grid conditions

Cryptocurrency mining rigs use huge amounts of power to operate, but can also shut down if network conditions tighten. AUSTIN, Texas – Earlier this week, ERCOT released its summer forecast. State leaders expect record energy demand this summer, but add they are confident the grid will be able to handle demand. Still, some worry that […]

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Crypto is not “added to society”

Bill Gates said he doesn’t invest in cryptocurrency because he likes to invest in things with “a valuable outcome”. Gates has warned people against investing in crypto before, especially those with “less money” than Elon Musk. Gates also warned of the environmental impact of crypto. Loading Something is loading. Microsoft co-founder and the world’s fourth […]

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Celsius faces revolt as high-yielding crypto tumbles

Text size Alex Mashinsky, founder and CEO of Celsius Network. Benjamin Girette/Bloomberg Tensions are boiling over giant crypto lending platform Celsius Network. Some customers say they were unfairly wiped out in the recent crash and its managing director says unknown thugs are trying to bring down his business. Although little known outside of crypto circles, […]

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Park Falls Paper Mill turns into a crypto site | News

Small towns in Wisconsin have depended on their local mills for decades. When the Park Falls paper mill closed, the community was hit hard. There were many unemployed people and an empty building left on the Flambeau River. Demolition of the Park Falls factory has begun, other parts of the factory have been redeveloped for […]

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Crypto Investors Only Pay Half the Taxes

According to a new analysis from Barclays, cryptocurrency investors are collectively failing to pay the IRS at least half of the taxes they owe on their virtual currency transactions. A research note from Joseph Abate, chief executive of Barclays, paints a picture of a booming new industry that the Internal Revenue Service is struggling to […]

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Why Crypto Mining Stocks Rise Today, Cutting This Week’s Losses

What happened Today has been another wild day in the world of cryptocurrencies and crypto-related stocks. For companies related to the crypto mining sector, this has been even more true. As of 9:45 a.m. ET, shares of Bit mining (BTCM 3.01%), S.O.S. (SOS 4.18%), Digital bit (BTBT 6.88%), Hut 8 Mining (HUT 15.28%)and Canaan (CAN […]

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UK outlines plans to support crypto adoption, create more powers to seize and recover digital assets CryptoBlog

Delivering the Queen’s Speech, Prince Charles outlines the UK government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets”. UK Government Plans To Support Crypto Adoption The British government set out its legislative program for the next parliamentary year in the Queen’s Speech […]

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Crypto Flipsider News – Bitcoin Falls to 10-Month Low; UST loses Peg, LUNA drops 30%; SEC Terminates $62 Million Investment Fraud Scheme; NFTs are coming to Instagram; Binance shuts down crypto derivatives in Spain

Crypto Flipsider News – Bitcoin Falls to 10-Month Low; UST loses Peg, LUNA drops 30%; SEC Terminates $62 Million Investment Fraud Scheme; NFTs are coming to Instagram; Binance shuts down crypto derivatives in Spain To read in the Digest: falls to 10-month low as equity market crashes. Luna Foundation Guard lends $1.5 billion in BTC […]

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Mining crypto on the phone: the advantages and disadvantages of this type of mining

Smartphones and tablets are far from being simple means of communication. Nowadays, these devices allow you to plan your schedule, manage your investments and even provide you with additional income if you use them to mine cryptocurrencies. ABCs of mining Mining itself is a process of solving complex problems and adding new blocks to the […]

Mining crypto

Mining Capital Coin CEO Indicted in $62M Crypto Fraud Scheme

Mining Capital Coin CEO and Founder Luiz Capuci Jr. was – in an unsealed indictment yesterday – charged by the DOJ with allegedly running a $62 million global investment fraud scheme . He is the latest of several crypto business leaders who have recently faced similar charges. Through his company, Capuci convinced investors to buy […]

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Uzbekistan Legalizes Solar Powered Crypto Mining | Tech News

TASHKENT (Reuters) – Uzbekistan will allow companies to mine cryptocurrencies using solar power and exempt all crypto operations of domestic and foreign companies from income tax, according to a published presidential decree. this week. The Tashkent government wants miners to power their farms by installing their own solar panels. Alternatively, mining companies can be connected […]

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Dorsey and other crypto leaders say bitcoin is sustainable

After 23 members of Congress signed a letter to the EPA imploring the regulatory agency to ensure that crypto mining does not violate federal environmental regulations, a group of bitcoin evangelists, including the CEO of Block, Jack Dorsey, responded Sunday in a letter saying lawmakers had it all wrong. The letter, sent by California Representative […]

Mining crypto

Pine Bluff Commercial Building Plans Call For Crypto Mining

Going from one of the oldest processes to one of the newest, Pine Bluff’s former commercial building is being prepared to become a cryptocurrency mining operation that could attract a $10-million investment. $15 million and employ up to 75 people, company officials said. Currently, the building, which has been mostly vacant since September 2020, is […]

Mining crypto

Want to start mining crypto? here’s how

Cryptocurrency mining can be a great way to generate passive income. However, it’s not as simple as plugging in your hardware and starting to mine. There are a few things you need to consider before getting started. In this blog post, we will cover the basics of crypto mining, byincluding the hardware and software you’ll […]

Mining crypto

Galveston ISD employee resigns after secretly mining crypto on campus

A Galveston Independent School District employee resigned last week after administrators discovered he had installed unauthorized technology devices on six school campuses that could have breached student and employee data, according to the district. The employee connected his private devices to the district network, according to a statement from Galveston ISD, but members of the […]

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Crypto FC: NFT, hand dryers and big promises | Sports | German football and major international sports news | DW

Barely visible behind the trees lining the freeway exit road, Crawley’s People’s Pension Stadium is not the obvious setting for a new frontier in the whirlwind romance between football and cryptocurrency. But the English fourth-tier club that plays in the 6,000-seater ground, Crawley Town, was bought by US cryptocurrency group Wagmi United earlier this month. […]

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AkuDreams faces nightmare as team locked in from $34m

Share this article AkuDreams said it would prioritize user refunds after its chaotic launch. The AkuDreams NFT project suffers from exploits The highly publicized launch of AkuDreams turned into a nightmare for the team behind the project. The highly anticipated collection of avatars went live with a Dutch auction on Friday, but suffered a series […]

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SpaceMine Announces Partnership with NexusOne, One of Korea’s Largest Crypto Venture Capitalists

Seoul, Korea – NexusOne has partnered with SPACEMINE Global by entering into consultancy agreements and participating in the main cycle. NexusOne (https://www.nexusonecap.com/) is one of the biggest crypto venture capitalists in Korea and has invested in many crypto startups like Klaytn, PlayDapp, and Xreators. SpaceMine (MINE) is a P2E gaming asset that mines various cryptocurrencies. […]

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RIOT is the fastest growing crypto mining stock

The cryptocurrency industry is still relatively new compared to more traditional asset classes and growing rapidly. Blockchain technology is the engine of the cryptographic space, it allows the maintenance of a secure and decentralized register of transactions. In order to produce new currencies, computers are used to solve complex computational problems that validate transactions on […]

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Argentinian city uses crypto to modernize rail system

To avoid crypto price volatility, an Argentinian community of 6,000 members hopes to raise funds by selling their mined crypto. With the mayor’s blessing, the Argentinian city of Sorradino in the province of Santa Fe is looking to mine virtual currencies to raise the funds needed to upgrade rail infrastructure and fight inflation instead of […]

Mining crypto

Tesla, Block, Blockstream Link Up for Solar Bitcoin Mining

Key points to remember Block and Blockstream will mine Bitcoin using Tesla’s solar energy products. The companies will fund the construction of a facility at one of Blockstream’s locations in Texas. This is the latest in a series of major updates coming out of Bitcoin 2022, which is happening this week in Miami. Share this […]

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How to Stop Websites From Mining Crypto Currency on Android Device or Windows PC 2022

This tutorial is about how to stop websites from mining Crypto currencies on Android device or Windows PC. We will do our best for you to understand this guide. I hope you will like this blog How to Stop Websites From Mining Crypto Currency on Android Device or Windows PC. If your answer is yes, […]

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The first decentralized NFT mining “cryptostone” made with

SINGAPORE, March 31, 2022 (GLOBE NEWSWIRE) — Crypto Stone NFT was released on March 30 (local time) and demonstrated its outstanding features at NFTConfex. The opening of the Crypto Stone beta project was hosted by the keynote speaker of the event, Irvan Tinabudi. Irvan Tinabudi is well known as a blockchain scholar actively working as […]

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Will the European Union Ban Crypto Mining?

The European Union rejected a proposal to ban the Bitcoin cryptocurrency across the union, but recommended additional measures to protect consumers and make mining more sustainable. The EU has no grip on crypto Crypto-assets now fall outside the scope of European regulation because they are neither issued nor guaranteed by a central bank or government. […]

Mining crypto

Police arrested a man for stealing power to mine crypto in Kota Samarahan

Here, a news has hit the web that police have arrested a male suspect in his twenties after he was found at a premises who allegedly stole electricity for cryptocurrency mining in Kota Samarahan. This news is going viral on social media from different angles. This news is attracting a lot of public attention. People […]

Mining crypto

Roblox Players Mine Crypto Just To Get Robux

Image: LIONEL BONAVENTURE/Contributor Piracy. Disinformation. Monitoring. CYBER is Motherboard’s podcast and reports on the dark underbelly of the internet. Everyone wants more Robux, the in-game currency for the hyper-popular Roblox ecosystem. Players can earn this digital cash by trading in items they’ve acquired, playing certain Roblox games, or creating new cosmetics to sell to other […]

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EU Revises Legislation Targeting Proof-of-Work Cryptocurrency Mining

Key points to remember A European law that proposes restrictions on environmentally unsustainable consensus mechanisms has been revised. This law could have possibly restricted the use of Bitcoin and other mining-based cryptocurrencies before the review. Stefan Berger, Member of the European Parliament, confirmed that the text in question had been deleted. Share this article A […]

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Students Mining Crypto in Dorms Could Face Criminal Prosecutions in Russia, Lawyer Says – Mining Bitcoin News

According to a legal expert quoted by local media, university students in Russia who mint digital currencies in their dormitories risk penalties and even criminal prosecution. The warning comes as Russian authorities attempt to curb crypto mining with cheap energy in residential areas. Mining can become a risky business for Russian students As more Russians […]

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Why Mining Crypto Will Murder Your Laptop

Labutin.Art/Shutterstock.com Laptops and crypto mining don’t mix. Even a gaming laptop doesn’t have the hardware to run 24/7. Using your laptop as a mining rig is a good way to damage the hardware, and it won’t be able to mine well. What does Crypto Mining do to a computer Whether you’re mining Bitcoin, Ethereum, or […]

Mining crypto

Russians Mining Crypto To Pay At Least 15% Tax, Companies – No Less Than 6%, Legislator Says – Mining Bitcoin News

Individuals mining cryptocurrency can expect a higher tax burden than companies involved in the industry, a senior member of Russia’s parliament has said. While the mining of digital currencies is not yet regulated in Russia, the authorities are leaning towards recognizing it as an economic activity, which will allow the government to tax mining profits. […]

Mining crypto

Utility seeks $800,000 from Russians to mine crypto with cheap energy – Mining Bitcoin News

Irkutsk’s main utility company is seeking to raise nearly $800,000 from owners of crypto farms that allegedly caused an increase in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in effect, a commercial activity. Power Utility Sues Crypto Miners Irkutskenergosbyt, the local electricity distributor […]

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Georgia citizens forced to take oath to stop crypto mining

Residents of Svaneti, Georgia have reportedly been forced to take a sacred oath not to mine cryptocurrency to deal with power shortages blamed on Bitcoin mining. The economy of Georgia’s northwestern Svaneti region depends on tourism spending, which grew every year from 2000 to 2019, according to Macrotrends. However, following the COVID-19 pandemic, tourism fell […]

Mining crypto

Teslas can pay for themselves as owners start mining for crypto

Tesla owners are now mining crypto using power from their cars. The electric vehicle company is arguably the most recognizable name in the electric vehicle industry and has achieved major success in the space, making it the biggest player in electric vehicles. It took on even more importance when he started accepting bitcoin payments for […]

Mining crypto

Tesla Owners Earn $800 A Month Mining Crypto With Idle Tesla Vehicle

Imagine your Tesla Model 3 electric vehicle sitting in your driveway not being used – so what better way to make money than mining cryptocurrency from your Tesla – might as well, right? That’s exactly what Siraj Raval did with his flashy Tesla Model 3 vehicle, using an Apple Mac mini M1 system with discrete […]

Mining crypto

Mining Crypto for Profit: It’s Time

If you’re reading this article, you’ve probably bought cryptocurrencies before. You are also probably interested in other ways to make money with them. For example, maybe you need information about mining. Anyone can mine cryptocurrencies. What should I consider when choosing a cryptocurrency to mine? Large-scale mining requires a large number of computers with powerful […]

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Russian crypto mining at home sued by Power Utility department

Crypto miners in Russian households have been prosecuted by the Power Utility department Electricity prices have increased due to the crackdown 85 lawsuits filed this year claiming 73.3 million rubles A Russian electric utility has discovered how to increase electricity costs for buyers who mine crypto money using family power. The Territorial Transport Organization charged […]

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A server farm that was likely mining crypto burst into flames

CityNews reported that a cryptocurrency mining server farm in Chiang Mai, Thailand caught fire on the morning of December 3. The resulting fire is said to have caused damage worth around $60,000 (2 million baht) to the three-story building. However, Mae Ping police said there was no one in the building at the time, so […]

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How to Start Crypto Mining in Three Easy Steps. Your guide to cloud mining

The cloud mining industry has many offers for users who want to get involved in the cryptocurrency space. The best cloud mining providers allow people to join the highly profitable process of earning crypto without setting up Bitcoin farms. So let’s look at this process in more detail. Understanding Cloud Mining First, mining is the […]

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Celsius will invest $300 million in Bitcoin mining

Key points to remember Celsius has invested $300 million in the bitcoin mining industry. It previously invested $200 million in mining equipment and equity, bringing its total investment to $500 million. The news comes months after China’s crypto ban helped the US crypto industry gain dominance. Share this article Cryptocurrency lender Celsius Network has invested […]

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Chinese Communist Party official kicked out for mining crypto • The Register

China’s Central Commission for Discipline Inspection expelled a Communist Party member for authorizing cryptocurrency mining, bribery and other offenses. An announcement made by the committee on Saturday said that Xiao Yi, a former member and vice-chairman of the Jiangxi Province Political Consultative Conference, had been removed from his post and lost his qualifications as a […]

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Crypto Mining with CPU and GPU Mining

The most professional, fastest and most efficient way to mine cryptocurrencies is to use an ASIC circuit. However, there are other easier methods, including CPU and GPU mining. Ethereum Classic, Feathercoin, and Monero are some of the altcoins that can be mined this way. As cryptocurrencies grow in popularity, so does the number of people […]

Mining crypto

Kids Generate $30,000 Monthly Income Mining Crypto

Recently, two kids gave an interview explaining how they generate $30,000 monthly income in crypto mining. Yes, you heard right $30,000 per month. The children are only 9 and 14 and are brother and sister. The 9-year-old’s name is Aanya Thakur and the 14-year-old’s name is Ishaan Thakur. The two started together mining digital currencies […]

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Mozilla W3C Representative Condemns Cryptocurrency Mining

Key points to remember Mozilla web standards manager Tantek Çelik said proof of work should have no place in web standards. He cited high power consumption and lack of durability as the main issue behind the technology. His comments were about decentralized identity platforms (DIDs), not bitcoin transactions in general. Share this article Mozilla web […]

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Government employee accused of mining crypto at public expense

A computer operations supervisor at the Suffolk County Clerk’s Office in New York City, Christopher Naples allegedly exploited his position to place crypto mining equipment at various locations at the Riverhead Center in New York County where he worked. Naples has reportedly installed 46 devices for crypto mining, “in places like an unused wall-mounted electrical […]

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Sibling Children Earn Thousands Per Month Mining Cryptos Like Bitcoin, ETH

Ishaan Thakur, 14, and his sister, Aanya, 9, have spent their summer setting up a lucrative cryptocurrency mining business. “We started because we wanted to learn something new about the technology – and also make some money along the way,” Ishaan told CNBC Make It. And they have. Each month, the siblings earn over $ […]

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Is mining crypto as exhausting as mining fiat? – Blockchainreporter

It’s no longer a secret ; Crypto could replace traditional fiat currencies as the primary medium of exchange. It’s also no secret that cryptos and blockchain have a large number of use cases, and yet it’s just a scratch on the surface of their full potential. Nonetheless, cryptocurrencies have emerged through various processes, including what […]

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GoMining presents a new approach to crypto mining

SINGAPORE, July 20. 28, 2021 (GLOBE NEWSWIRE) — The company GoMining has created a GMT token that solves crypto-related problems such as expensive hardware purchases and power consumption. This is a one-stop solution that will not only save people from unnecessary expenses, but also increase mining revenue. A distinctive feature of GMT is that, unlike […]

Mining crypto

Ukrainian PS4 Mining Farm Wasn’t Mining Crypto But FIFA Ultimate Team Cards

A recent collapse of an underground mining farm in Ukraine was not used for crypto as originally reported. Instead, it was mining FIFA Ultimate Team cards. Ukrainian officials shut down a PlayStation 4 (PS4) mining farm that thought it was mining crypto – but it was actually mining Ultimate Team cards in FIFA to sell […]

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Canadian electric vehicle maker Daymak reveals prototype car capable of mining crypto

Toronto-based Daymak Inc has announced details of a prototype electric vehicle named Spiritus. It will use the “patent-pending Nebula platform”, described as the world’s first complete crypto suite for electric cars. “Nebula is the world’s first comprehensive cryptocurrency suite for electric vehicles and will allow every Spiritus car to mine and manage crypto anywhere on […]

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Best mining, cryptographic and industrial practices

Cryptocurrency mining has been a business practice for a decade now, thousands, if not millions, have made their fortunes, the evolution of the industry has shaped various consensus algorithms. Therefore, finding the right cryptocurrency to mine can be much more complex than people realize. Knowing the pros and cons of the industry could dramatically increase […]

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Hackers use infected PC games to generate millions of cryptocurrency

anti-virus company Avast has discovered a new malware called “Crackonosh” which is hidden in the free versions of popular PC games. The malware hijacks your computer to be used in crypto mining. The crypto-mining malware is hidden deep within versions of popular titles such as Grand Theft Auto V, Far Cry 5, The Sims 4, […]

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‘Green Mining’ Chia Crypto Network Skyrockets HDD Revenue by 240%

The growing demand for hard drives and disks has been recorded since the appearance of the “green” cryptocurrency Chia (XCH), which uses available storage space to verify blockchain transactions. The April analysis of this year carried out by a research company The context revealed monster sales growth as demand for high-capacity storage space equipment soared, […]

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Robot Cache will let you pay for games by mining crypto

Robot Cache is no ordinary game retailer. You can buy games on the platform, but you can also sell them or use mined cryptocurrency instead of cash. As a competitor to Steam, the platform hopes to provide a new way for developers and gamers to enjoy games in a way that everyone wins. “We had […]

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E-cars mining crypto while parked. Could Tesla do this? By DailyCoin

E-cars mining crypto while parked. Could Tesla do this? Bitcoin has experienced a crisis, affecting both price action and public perception. Following an announcement by Elon Musk that Tesla (NASDAQ 🙂 would no longer accept BTC payments due to “environmental concerns,” the rhetoric resurfaced around the compromises of Bitcoin mining and of its use cases. […]

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British Police Caught Electricity Thieves Mining Crypto, Not Weed

The world is getting stranger every day. Case in point: The BBC reported today that West Midlands Police discovered a cryptocurrency mining operation consisting of “approximately 100 computer units” while searching a suspected cannabis farm. Cryptocurrency mining is not that different from cannabis cultivation. Both can generate surprising profits, both depend on a fair amount […]

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Chia Network, the ‘green mining’ crypto maker, valued at $500 million ahead of possible IPO

Chia Network, the company behind the recent launch of the XCH cryptocurrency suitable for home mining, raised $61m in a Series D funding round led by Andreessen Horowitz (a16z) and Richmond Global Ventures, Bloomberg reported today. https://t.co/MQ8U7Y4SVW — Chia Project (@chia_project) May 24, 2021 According to the report, the company, which was founded by BitTorrent […]

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Home-mining Crypto Chia Triggers Hard Drive Shortage Ahead of Commercial Debut

In short Hard drive prices have soared in Asia as miners prepare to transact in the “space proof” cryptocurrency Chia. The cryptocurrency, created by BitTorrent founder Bram Cohen, uses a new consensus mechanism based on storage capacity. Miners plan to transact in “proof-of-space” crypto designed as an eco-friendly alternative to Bitcoin sparked a rush on […]

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Crypto Mining Made Both Profitable and Fair

Disclaimer: The text below is an advertising article that was not written by Cryptonews.com. The cryptocurrency mining space has evolved dramatically from its earliest days over a decade ago. However, if you feel like you’ve missed something, there is still time to start and even make a profit – if you trust a tight-knit community, […]

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The State of Kentucky Will Provide Tax Exemptions for Bitcoin Mining

Information on or accessible through this website is obtained from independent sources which we believe to be accurate and reliable, but Decentral Media, Inc. makes no representations or warranties as to the timeliness, completeness or accuracy of any information on or accessible through this website. . Decentral Media, Inc. is not an investment advisor. We […]

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Venezuelan Government Plans To Regulate All Bitcoin Mining

Key points to remember New rules in Venezuela will legalize cryptocurrency mining but impose heavy restrictions on miners. The country will create a registry of miners and a central mining pool to control the industry. Venezuela has also cracked down on mining in the past. Share this article Regulators in Venezuela have introduced a mandate […]

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Ex-Contractor Avoids Jail After Mining Crypto On Government Supercomputers

A former Australian government contractor has avoided jail time after he was caught using state-owned supercomputers to mine cryptocurrency. According to a report by the Sydney Morning Herald, a former CSIRO employee has been accused of using government supercomputers to mine cryptocurrency and in the process depriving “sensitive science projects” of processing power. The employee, […]

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Ex-Government Contractor Avoids Jail For Mining Crypto At Work

A former Australian government contractor who mined crypto using state-owned supercomputers has avoided jail time. According to the Sydney Morning Herald, Jonathan Khoo was ordered to perform 300 hours of community service for installing code on two supercomputers run by Australia’s Commonwealth Scientific and Industrial Research Organization, or CSIRO, to mine crypto -change. Khoo was […]

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Man Convicted of Mining Crypto on Government Computers

A former contractor for the Australian government’s Commonwealth Scientific and Industrial Research Organization has been sentenced to 300 hours of community service after pleading guilty to using the agency’s supercomputers to mine crypto- currency, according to CryptoNewsPipe.com. Authorities said Jonathan Khoo gained access to the organization’s computers in 2018 when he was hired as a […]

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Australian Government Contractor Sentenced for Mining Crypto on Supercomputer

In short Jonathan Khoo, a former Australian government contractor, used research supercomputers to mine crypto in 2018. Khoo was sentenced to 300 hours of community service but could have faced up to 10 years in prison. Khoo caused an A$76,000 loss in productivity for less than A$10,000 in mining profits. A former contractor for an […]

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Aave Revamps LEND Token Economy: Adds Staking and Liquidity Mining

Share this article Aave is overhauling its token economy by adding liquidity mining and staking to its protocol. The change is intended to help LEND holders capture more of the protocol’s growth. Align Aave with LEND One of DeFi’s most widely used protocols, Aave, is set to undergo a complete overhaul of its token economy. […]

Mining crypto

Russian Police Arrest Former Post Office Branch Head For Crypto Mining At Work

Russian police have opened a criminal investigation against a former head of the Russian regional post office, who managed to mine cryptocurrencies through the office’s network in a town of Mineralnye Vody located in the south of the country. According to a report published by local media RNS, the Investigative Committee of the SU of […]

Mining crypto

No, your Nintendo Switch does not mine crypto while playing Cooking Mama

If you were in the crypto space between 2017 and 2018, you probably remember the trend of so-called “cryptojacking” – the act (some would say it’s more of an “art”) of hijacking computer systems, from cell phones to beefy desktop computers, to mine cryptocurrencies. The payload was often delivered via malicious Trojan horse files, concealed […]

Mining crypto

Ukrainian Judicial System Staff Broke Crypto Mining At Work

An employee of Ukraine’s State Justice Administration has been accused of mining cryptocurrency at work, in the latest instance of a government staff member exploiting state resources for personal gain. The anonymous individual was investigated by the Kyiv Prosecutor’s Office, in partnership with other agencies. The scam came from the Courts Administration Department, as investigators […]

Mining crypto

Hacking group is secretly mining crypto on Android-based smart TVs

A black hat hacking group that runs crypto-mining botnets, Outlaw, has resurfaced after months of silence, according to to the computer security company Trend Micro. The hacking group, which Trend Micro first discovered in 2018, has updated its botnet, which can now infect Android-based smart TVs and force them to secretly mine cryptocurrency. Botnet mines […]

Mining crypto

FPGAs threaten small-cap altcoins as Xilinx enters crypto mining

Share this article Xilinx, a Fortune 1000 semiconductor company specializing in FPGAs, is entering the crypto mining market, sources said. This poses a threat to coins with “vulnerable” mining algorithms such as Ravencoin, Nervos and others. Xilinx is a semiconductor company with a market cap of over $24 billion. Recently, leaked communications within the company […]

Mining crypto

Two Russians Accused of Illegally Mining Crypto on State Hardware

Two Russian citizens are being prosecuted for allegedly targeting computers of state organizations to illegally mine cryptocurrency. The two anonymous individuals allegedly infected the hardware with a program that mines cryptocurrency through a web browser, local news agency Tass reported on Dec. 16. One of the suspects, a resident of the city of Kurgan, allegedly […]

Mining crypto

A Russian Nuclear Scientist Discovered Crypto Mining At Work

A nuclear scientist in Russia has been fined by authorities after it was revealed he tried to use one of the country’s most powerful supercomputers to mine BTC at work. Denis Baykov, an employee of the secret All-Russian Scientific Research Institute of Experimental Physics in Sarov, about 400 km from Moscow, was fined 450,000 rubles […]

Mining crypto

Crypto Mining Takes So Much Bandwidth It Inhibits Search For Alien Life

Thanks to the cryptocurrency craze, we might miss a call from ET Astronomers are reporting that they can’t as easily access the graphics processing units (GPUs) needed to run their powerful telescopes and radio arrays, as they are bought by those looking to mine cryptocurrency. Daniel Werthimer, chief scientist of the SETI (Search for Extraterrestrial […]

Mining crypto

Now hackers are mining crypto on government websites

If you know any bitcoin investors, you might notice that they seem a bit disappointed lately. After months of trending upward, the value of bitcoin (as well as some lesser-known cryptocurrencies, such as Ethereum and Ripple) has recently plummeted, suggesting that the “bubble” in its inflated value is starting to burst, that cryptocurrency in general […]

Mining crypto

Elastos Partners with Bitmain for Merged Mining

Share this article Elastos, the 77th largest crypto by market capitalization, is about to get several thousand new miners, although they might not realize it. In an announcement today, the eighteen-year-old project revealed a merged mining partnership with Bitmain that will bring the ELA protocol to the two largest Bitcoin mining pools. How Merged Mining […]

Mining crypto

If Your Computer Is Slow, You May Be Mining Cryptocurrencies For Someone

The latest report shows that cryptomining is now the second most popular malware in the world. This can cause cell phones to overheat and explode. Has your computer’s fan been abnormally noisy lately? Good news: Virtually all traditional types of malware decreased in recent months. Not so good: Mainly because hackers are more interested in […]

Mining crypto

If Your Computer Has Slowed Down, You May Be Mining Cryptocurrencies For Someone Else

You didn’t even know. Photo: Columbia Pictures Latest report shows cryptomining is now the second most popular malware in the world It can cause cell phones to overheat and explode Has your computer’s fan been abnormally noisy lately? Good news: virtually all types of traditional malware have declined over the past few months. Not so […]

Mining crypto

Egypt could secretly mine crypto by hijacking its citizens’ web browsing

The Egyptian government has secretly infiltrated its citizens’ computers and mined cryptocurrency, according to a report from the Citizen Lab at the University of Toronto. Under a program called AdHose, the government was sending internet users to advertising sites or outdated websites where their computer was unwittingly being misused, often to mine the Monero cryptocurrency, […]

Mining crypto

Russian scientists discovered crypto mining at a NUCLEAR facility

The whole “can it mine” joke outlasted the “can it run Crysis” thing from 50 years ago now, but then news broke that scientists working at a research facility on Russian nukes had been stopped, because they were mining cryptocurrency on the site. Both Interfax and the BBC report that unnamed scientists have been arrested […]

Mining crypto

Nvidia: RBC scales the cryptocurrency mining market

Text size RBC Capitalit is Mitch Steves come back to the subject today Nvidia (NVDA) and cryptocurrenciessomething he explored in two research papers earlier this week. In the report, Steves raises his price target on Nvidia shares to $175 from $150, to reflect “data center confidence,” he wrote, and “upside potential from consensus estimates.” Steves’ […]