• The Korean tech giant has been making big waves in the crypto scene by confirming that they’ve already started manufacturing cryptocurrency mining chips, according to a Samsung spokesperson. Cutting-Edge Fabrication Samsung has products in loads of technology sectors, and it’s no surprise they’d eventually get into the Bitcoin game. A company spokesperson told Techcrunch that Samsung is “currently engaged in the manufacturing of cryptocurrency mining chips.” They’ve already gotten a taste for cryptocurrency mining as

    Samsung Brings Competition to Bitmain’s ASIC Monopoly

    | 2018/04/12 4:30 am
  • Privacy-focused altcoin Monero (XMR) is set to receive official support from cryptocurrency hardware wallet manufacturer Ledger, lead code maintainer Riccardo Spagni has confirmed. Monero 0.12.1 Means ‘Official Ledger Support’ Speaking in an interview during an episode of the Doug Polk Podcast April 9, Spagni added the integration had “already” occurred. “We are on Ledger already if you’ve got the dev kit,” he said. “I saw some commits happening today to fix a couple of small

    Monero Confirms Ledger Wallet Support is Ready to Go

    | 2018/04/11 8:30 am
  • Intel Corporation is interested in developing specialty hardware for the mining of Bitcoin, which may help small-time miners once again turn profits. Intel to the Rescue According to a United States Patent Application released on March 29th, technology giant Intel is interested in creating specialized hardware for Bitcoin mining. The patent application was filed on September 23rd, 2016, and describes a Bitcoin mining hardware accelerator. According to the filing’s abstract, the patent is for “A System on Chip

    Intel May Make Bitcoin Mining Profitable for Individuals Again

    | 2018/04/01 2:00 am
  • NVIDIA’s miners have been in low supply as of late as cryptocurrency mining operations are snatching up any GPU they can find. NVIDIA has stated their intent to meet the current market demand. Millions of GPUs Sold to Miners When Bitcoin was first released, it was possible for anyone to mine on the network and make a bit of a profit. But once ASICs hit the scene, that dream was over. ASICs are hundreds of

    NVIDIA Ramping up GPU Production to Meet Demand

    | 2018/03/29 2:00 am
  • Phone makers in China are rushing to bring blockchain mobile phones to market, but there is significant confusion on the technology itself. There are few things like new technology that gets companies scrambling to find some way to be part of the latest trend. Of course, the main reason is financial as they want to have a healthy portion of whatever revenue said new technology generates. Which is why many different companies are running to

    China Rushing to Make Blockchain Mobile Phones Despite Confusion

    | 2018/03/26 7:00 am
  • Bitcoinist has reviewed the latest  TREZOR Model T Bitcoin and cryptocurrency hardware wallet. Should you get it? Is there a reason to upgrade from the original? Here’s what we uncovered. Meet the TREZOR Model T Satoshi Labs, a Prague-based manufacturer of the oldest and most popular hardware wallet, has finally released its much-anticipated second generation TREZOR, the Model T. Announced in November of last year, the Model T costs around 120 euros, compared to the

    TREZOR Model T Review: The Art of HODLING Refined

    | 2018/03/19 10:00 pm
  • The arrival of newly created ASICs and a large decrease in mining profitability has had an impact on the GPU mining market. Nvidia expects the demand for graphics cards to decrease over the course of this year as a result. What could this mean for the GPU market today? The Rise of ASIC Miners The cryptocurrency mining industry has seen significant changes through increases in miner counts and subsequent decreases in mining profitability over recent

    Is GPU-Based Cryptocurrency Mining at Risk of Extinction?

    | 2018/03/14 4:00 pm
  • The number of websites sneaking in malware to mine cryptocurrencies such as Monero has grown by over 700% in recent months. Have you been affected? Exponential Increase in Web Miners This unprecedented rise seen recently in the cryptocurrency market has not come with its fair share of problems and controversy. It makes sense that in an emerging market that people will try to take advantage of newly emerging markets to turn a profit. Whether this

    New Report Finds Staggering 725% Increase in Malicious Mining Software

    | 2018/03/10 6:00 pm
  • The largest theft in Iceland’s history occurred recently when thieves stole 600 computers that were used for Bitcoin mining from data centers. When one hears of a crime ring pulling off major heists, the least likely location for such a circumstance would be the island nation of Iceland. The sparsely populated country of 348,680 people is most famous for being the birthplace of Bjork. However, Iceland was recently hit with its biggest crime wave ever

    Thieves Steal 600 Bitcoin Mining Computers

    | 2018/03/03 5:00 am
  • Police in Malaysia have arrested 9 individuals that were involved in the theft of Bitcoin mining machines, amounting to over $250,000 USD. Those that engage in the world of cryptocurrency have increasingly become the targets of criminals. The usual case of criminal mischief is of a person buying or selling virtual currency being robbed of the cash they’re carrying. Now it appears that Bitcoin mining equipment is no longer safe. Police in Malaysia have just

    Malaysian Police Arrest Gang of Bitcoin Mining Equipment Thieves

    | 2018/02/28 8:00 am
  • There are at least 100 billion planets in our galaxy alone, so — statistically speaking — there’s a pretty decent chance we’re not alone in the universe. Unfortunately, radio-astronomers are having a harder time discovering whether or not that’s the case, thanks in no small measure to cryptocurrency mining. We’re Not Saying It’s Miners, but … The demand for high-powered hardware by miners of cryptocurrency is crippling radio-astronomers’ search for extraterrestrial life. According to the

    Crypto Miners Crippling Search for Alien Life

    | 2018/02/15 4:30 am
  • Nvidia is raking in profits thanks to cryptocurrency mining and an increased demand for their GPUs — and for CEO Jensen Huang, the utility of cryptocurrency is obvious. “It’s Not Going to Go Away” As Bitcoin and other cryptocurrencies continue to explode into the mainstream consciousness, so too does the demand for high-powered GPUs capable of generating the best results when mining — the process of confirming transactions. The demand for GPUs has helped cause

    Nvidia CEO: Crypto’s ‘Real Utility’ is Clear

    | 2018/02/12 1:00 pm
  • Ledger hardware wallets, once considered one of the safer methods to store cryptocurrency, have been reported to be vulnerable to “man in the middle” attacks. The Flaw A team of unknown security researchers exposed a vulnerability that allegedly involves all Ledger hardware wallets. The discovery of the issue is said to have affected over one million users and has made it evident that the devices are not a foolproof method of storing crypto. The newfound threat

    Ledger Hardware Wallets Vulnerable to ‘Man in the Middle’ Attacks

    | 2018/02/09 8:00 pm
  • As more people pile into cryptocurrencies, the need for secure storage of them will escalate. At the moment, there are only a handful of companies providing hardware wallets for Bitcoin and altcoins. Currently, those looking for such wallets are increasingly finding shelves are empty of stock amid increasing demand. Blockchain security company Ledger announced yesterday that it has secured $75 million in investments to facilitate upscaling its operations to cope with higher demand. In a

    Ledger Raises $75 Million to Upscale Operations

    | 2018/01/19 4:30 am
  • Hard disk maker Seagate’s stock has risen up to 12% after a report surfaced claiming the company may hold several billion dollars worth of Ripple’s XRP. The report has not been confirmed by either company. Seagate is best known for their hard disks, offering data storage solutions for a wide range of consumers. A new report, however, suggests the company may soon be known as an early investor in Ripple’s XRP and a pioneer in cryptocurrency.

    Seagate Stock Rises 12% After Reported Investment In Ripple

    | 2018/01/09 11:00 pm
  • Like a lot of crypto enthusiasts, you got a shiny new hardware wallet for Christmas to store your digital assets, but you aren’t sure how to go about setting it up. Not to worry! This 7-step guide will help you set up your Ledger Nano S safely and securely. 7 Steps to Setting up Your Ledger Nano S Santa came down the chimney and left you a brand-new Ledger Nano S under the tree! Hurray!

    I Got a Ledger Nano S for Christmas, Now What? 7 Steps to Set Up Your New Hardware Wallet

    | 2017/12/31 7:00 pm
  • The announced Halong DragonMint Bitcoin Miner is set to rock the Bitcoin mining scene with its high spec and price, putting it in direct competition with the market leaders Bitmain with their Antminer hardware. The Halong Mining announcement today focused on their DragonMint miner series, with their flagship model set to be the DragonMint 16T. The unit’s ambitious price and specs should see them taking on the Bitmain Tech mining giants. Announcing the most efficient Bitcoin

    Halong’s DragonMint Bitcoin Miner Set To Shatter Bitmains Mining Monopoly

    | 2017/11/22 12:00 pm
  • After switching from a paper wallet to the Ledger Nano S, I decided to try out the sleek-looking KeepKey that also supports ethereum, litecoin, dogecoin, dash, and namecoin. KeepKey Hardware Wallet Review After recently switching from a paper wallet to a Ledger Nano S ($65 USD), which I have been enjoying very much so far, I was really looking forward to checking out the KeepKey ($99 USD) to see what it has to offer.  (You can check out my

    KeepKey Hardware Wallet Review: Better Than a Ledger Nano S?

    | 2017/02/13 3:00 pm
  • Bitcoinist is excited to give away a total of seven KeepKey hardware wallets to our readers this holiday season! Keeping the Holiday Spirit The holidays are meant to be spent with those we love and care about. Of course, we know you love and care about your bitcoin savings as well. Which is why Bitcoin and KeepKey are keeping the holiday spirit and showing appreciation to our readers with our 2016 Holiday Season Giveaway. We’re giving away

    We’re Giving Away 7 KeepKey Wallets This Holiday Season

    | 2016/12/19 7:25 am
  • EVGA is the Largest Supplier of Nvidia GPUs to the US, and Today We’ll Be putting their Newest Mainline aftermarket design to the task of mining Ethereum – One of the last bastions of GPU rig profitability, and certainly the most prominent at present. We’ve seen a huge jump in hash power per watt from AMD with their move to Polaris, as we covered here. EVGA’s Gaming ACX line, while not as extravagant as some

    A Review of The EVGA GTX 1070 SC ACX 3.0

    | 2016/08/10 7:09 pm
  • Until the new X11 miners hit the market, ASICs have been mostly for Bitcoin/SHA-256 and Scrypt coins, other than a few test runs of other algorithms.   Also Read:  KickAssTorrents Moves to the Darknet With Tor The development and production of ASICs is not cheap and not as simple on many of the algorithms due to memory and other requirements. One of the first new ASICs to hit the market is the Baikal X11 miner which

    Review of the Baikal 150 mh/s X11 DASH ASIC Miner

    | 2016/06/13 5:00 am
  • March 24, 2016 — KeepKey, the leading bitcoin hardware wallet on the market today, is being offered at a lower price.  The device now has greater accessibility to digital currency users worldwide. Disclaimer: This is a press release. Bitcoinist is not responsible for this company’s products and/or services. KeepKey Lowers Prices to $99 USD The hardware wallet will now retail for $99, down from its previous price of $239.00 USD. “The only complaint we have ever

    KeepKey Lowers Prices to Expand Availability

    | 2016/03/25 6:00 am
  • During the last couple of months, Ethereum has been quickly gaining pace, and is situated on the road to success, especially considering the fact that the world’s first Ethereum ATM is now live. Also read: How Bitcoin Miners have lost their interest in the block size debate The First Ethereum ATM Is Now Live In a recent blog post published on the Ether Camp website, the developers explained how the ATM came to be. To

    Developers Announce the Very First Ethereum ATM

    | 2016/03/10 11:39 am