• 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
  • If you’re prone to running ad-blocking software, don’t be surprised to hear your computer’s fans start kicking it up a notch. Major websites like Salon are now looking to start borrowing your computational power in exchange for an ad-free browsing experience. Ad-blockers have been hurting websites’ ad revenue for years now, but they may have found a solution. On Monday, media website Salon began testing a new paradigm, in which it uses ad-blocking readers’ computer

    Salon to Mine Monero with Ad-Blocking Readers’ Computers

    | 2018/02/14 7:30 am
  • Bitcoin mining is booming in Iceland. Problem is, they don’t have enough energy to go around, and not everyone in the government is on board. Black Out Mining bitcoin – the process of confirming transactions across the blockchain – is an incredibly energy-consuming process. To meet the computational demands needed to actually turn a profit from cryptocurrency payouts, miners require top-tier hardware and cheap energy. Iceland provides the latter, but there isn’t enough for everyone.

    Bitcoin Mining is Booming in Iceland, But at What Cost?

    | 2018/02/13 12:00 pm
  • 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
  • Reports of mining malware infestations are an almost weekly occurrence now. With cryptocurrency mining becoming more lucrative than ransomware, hackers are upping their game and widening the digital net. Those caught in it this week included a number of government websites in the UK and Australia. In what has been newly termed as ‘cryptojacking,’ the Guardian reported that thousands of websites had been infected over the weekend. Those that visited the compromised websites would have

    Government Websites Attacked by Mining Malware

    | 2018/02/12 1:00 am
  • Scientists at a top-secret Russian nuclear research facility have been taken into custody after allegedly attempting to mine Bitcoin using a high-powered supercomputer. In Soviet Russian Nuclear Facility, Bitcoin Mines You Several scientists working in a top-secret nuclear warhead facility in the closed town of Sarov have been arrested by Russian authorities for allegedly attempting to mine Bitcoin with the facility’s supercomputer. “There has been an unsanctioned attempt to use computer facilities for private purposes

    Russian Scientists in Top-Secret Warhead Facility Arrested for Mining Bitcoin

    | 2018/02/10 1:30 am
  • 4NEW, Powerledger, Wepower, Jibrell Networks, Earth Token, and KWHCoin are some of the players within the energy sector to have entered crypto over the past six months. One could argue that Bitcoin may have triggered the energy arms race as each company attempts to redefine how energy should be accessed by the community in the most scalable manner. Crypto-markets have experienced quite the turbulent journey over the past year. Not only has it risen sharply, it

    Bitcoin Has Triggered the Energy Arms Race

    | 2018/02/09 7:30 pm
  • You think Bitcoin miners are hurting these days? Ask PC gamers how they’re feeling! Buying in Bulk PC gaming enthusiasts looking to purchase top-tier GPUs to power their 4K and high frame-rate gaming experiences are quickly finding their dollars don’t quite stretch as far as they once did. GPU prices have skyrocketed well above their manufacturer’s suggested retail price — and it’s all thanks to cryptocurrency mining. Mining Bitcoin and other cryptocurrencies is an incredibly taxing

    Cryptocurrency Mining Causing GPU Price Gouging, Even in Bundles

    | 2018/02/09 1:30 am
  • As often as we hear stories of regulation and clampdowns, we’re now hearing more of hacks and malware. A new incursion is discovered on an almost weekly basis now as cybercriminals edge away from ransomware and into cryptocurrency mining malware. The latest detection was made by Chinese security researchers who uncovered an Android-based mining worm. According to reports, cybersecurity researchers at China’s 360Netlab revealed a strain of mining malware called ADB.Miner over the weekend. As

    Apple, Android Attacked by Monero Mining Malware

    | 2018/02/07 5:00 am
  • As the price of Bitcoin continues its steep correction in 2018, Bitcoin miners find themselves fighting over scraps. Hunger Games The price of Bitcoin has fallen roughly 70% from its all-time high of nearly $20,000 in mid-December. Early Tuesday morning, the price of one Bitcoin nearly touched $6,000, before bouncing back to $7000. While this sharp decline in price potentially signals a buying opportunity for some savvy investors looking to grab some of the dominant

    As Crypto Winter Continues, It’s Survival of the Fittest Among Bitcoin Miners

    | 2018/02/06 9:00 pm
  • Mining Bitcoin and other cryptocurrencies is a costly endeavor, burning through resources and racking up sky high electricity bills. Savvy miners, however, are both cutting Bitcoin mining costs and reducing their carbon footprint by going green. Powered by Nature As cryptocurrency miners seek more computing power to handle increasingly difficult computations, many are turning to renewable energy to help reduce the environmental and economic costs associated with the business. According to reports, big-time miners like

    Bitcoin Miners Cutting Costs by Going Green

    | 2018/02/06 3:00 am
  • While there’s been a rise in illicit cryptocurrency mining, UNICEF has started a campaign for good that enlists gamers to use their GPUs to mine Ethereum for Syrian  children. When most people think of cryptocurrency mining, they think of major outfits in China with a vast array of machines working around the clock. However, cybercriminals have been slipping in code onto websites and even YouTube ads to get the average person’s computer to secretly mine

    UNICEF Encourages Gamers to Mine Cryptocurrency for Syrian Children

    | 2018/02/03 10:30 am
  • In a move that the government hopes will bring much needed economic relief, Venezuela’s President Nicolas Maduro announced earlier this week that the pre-sale of the country’s new ‘petro’ cryptocurrency will begin on February 20. A Cryptocurrency Backed by Crude For years, Venezuela has been struggling with rising economic and political problems. The South American country has under heavy international sanctions due human rights abuse and corruption and, thanks to extreme hyperinflation, the bolivar has lost 97%

    President Maduro: Venezuela to Launch ‘Petro’ Pre-Sale on February 20

    | 2018/02/03 2:30 am
  • The New York Power Authority CEO has recommended that the organization approve a request for cheap energy towards Bitcoin mining in the town of Massena, New York. From Smokestacks to Server Racks The state of Washington immediately comes to mind when talking about bitcoin mining operations in the US. But New York? NCDC (North Country Data Center Corp), a subsidiary of Coinmint, is planning to set up a mining center at a closed site for

    NY Power Authority CEO Wants to Give Cheap Electricity to Mine Bitcoin

    | 2018/02/02 5:30 am
  • YouTube viewers are upset that their computers are being used for cryptocurrency mining due to YouTube ads being hijacked with Coinhive. While the value of cryptocurrencies continues to fluctuate, the desire for people to mine them hasn’t abated at all. In fact, many individuals look for additional ways to enhance their cryptocurrency mining. One option that many have turned to is the notorious Coinhive code that is often embedded in websites. Now it’s shown up

    YouTube Ads Hijacked for Cryptocurrency Mining

    | 2018/01/27 3:00 am
  • If you haven’t heard of Bitcoin by now, you’ve probably been living under a rock. However, while many people know what Bitcoin is – and have even willingly put forward large amounts of their own money to invest in it, despite having heard of it for the first time yesterday – very few people know much more beyond that. You don’t need to know all the technical details behind Bitcoin to get started – that would

    How Does Bitcoin Work? Is It Really a Bubble?

    | 2018/01/26 12:00 pm
  • As Bitcoin (BTC) continues to languish far below its December high of around $20,000, speculation is rife as to whether this is the sound of the bubble bursting. The incredible recent volatility in BTC prices has in no way diminished the interest of investors, who are pondering what 2018 has in store for the world’s most popular cryptocurrency. Can it repeat 2017’s astonishing return? Are recent price swings based on the cryptocurrency’s actual utility and

    Bonanza or Bubble? Insulate Yourself From Bitcoin Price Volatility

    | 2018/01/24 5:30 pm
  • California-based technology company NVIDIA has asked retailers of its graphics cards to prioritize sales to gamers over cryptocurrency miners. The Rush for Graphics Cards Despite the cryptocurrency market’s recent drop, cryptocurrency miners are still able to produce a sizeable profit. In 2017 the global cryptocurrency market grew at an exceptional rate and this also caused a huge spike in cryptocurrency miners. Currently, cryptocurrency miners can receive a fast and relatively high ROI on their mining

    NVIDIA Asks Retailers to Sell Graphics Cards to Gamers Over Cryptocurrency Miners

    | 2018/01/21 9:30 pm
  • As we’ve started seeing in recent years, blockchain technology genuinely has the potential to change the way we live, and hundreds of startups are spring from almost every corner with the promise of disrupting just about every industry. The success of bitcoin so far in making us how to rethink how we use money offers hope that, if the idea sounds good and it’s well implemented,  it’ll eventually become a success. Based on this fact,

    The Benefits Of Investing In The MoonLite ICO

    | 2018/01/18 2:15 pm
  • Despite yesterday’s market slide, crypto mania is still alive and kicking. More and more companies are investing in their own blockchain solutions and cryptocurrencies. It was thought that Chinese e-commerce giant Alibaba was doing so, but it now appears that such is not the case. Editor’s Note: After this article was published, new information was found that showed Alibaba is not providing mining platforms or creating their own cryptocurrency. The company issued a statement on

    Alibaba Dispels Cryptocurrency Platform Rumors [UPDATED]

    | 2018/01/18 3:30 am
  • The US Treasury Department has cautioned investors that Venezuela’s Petro could be in violation of Washington-imposed financial sanctions. In December last year, Venezuelan president Nicolás Maduro announced that his government would be creating a digital currency, the Petro. In a country that is rapidly spiraling into a financial abyss, Maduro sees the state-controlled cryptocurrency as a sanction workaround and subsequently, a way to improve the country’s deep economic problems. During his annual message on the

    US Treasury Warns Investors: Venezuela’s Petro Could Violate Sanctions

    | 2018/01/18 1:00 am
  • Bitcoin mining has been pushing the growth of important chipmakers, such as Nvidia and Advanced Micro Devices Inc. (AMD). Now, tech giant Taiwan Semiconductor Manufacturing Co Ltd. (TSMC) plans to significantly increase its revenue from the crypto-mining devices segment. Crypto-Mining Driving TSMC’s Growth TSMC provides semiconductor manufacturing devices and services for a range of industries. Most notably, the company supplies chips to Apple. AppleInsider reports that TSMC might have reached a deal to be the

    Giant Taiwan Semiconductor Manufacturer TSMC Bullish on Cryptocurrencies

    | 2018/01/17 10:30 pm
  • Taking matters into his own hands, a Russian businessman buys two electric power plants for the purposes of cryptocurrency mining. For those who are active participants in cryptocurrency mining, there are a number of issues to be concerned with. One such problem is how a country’s national government feels about cryptocurrency, such as either accepting it or banning it outright. Another major concern is having access to the power needed for mining crypto in the

    Russian Businessman Buys Power Plants for Cryptocurrency Mining

    | 2018/01/15 2:30 pm