Tag: Mining

Mining Monero RandomX CPU

Mining Monero with CPUs: Step-by-Step Guide post RandomX

For those of you who have been following Monero over the past few months, you will know that they upgraded to the RandomX mining algorithm. The intention behind this upgrade was  to fight off the constant threat that ASIC mining...

/ December 15, 2019
Jenkins Vulnerability Mining

The Massive Undercover Mining Operation you Have Never Heard About

One of the biggest cryptocurrency mining operations has just been discovered. Spanning across the globe to numerous computers, the miners have been able to generate a hefty $3.4m in revenue. The mining operation in question is actually an exploitation by...

/ February 20, 2018
Facebook Crypto Mining Bot

Crypto Mining Bot is Taking over Facebook Messenger

Mining Malware has been spreading across the web like the plague. From JavaScript mining code to specialised mining malware, hackers have been having a field day mining coins on the machines of some unsuspecting users. In all of these cases,...

/ December 25, 2017
Cryptocurrency Cloud Mining

Cryptocurrency Cloud Mining: Worth the (Lack of) Trouble?

Mining … it’s what makes the cryptocurrency ecosystem go ’round. Many newcomers to the space learn about this astonishing, novel phenomenon and determine they’d like to get involved somehow. But scores are too daunted by the expensive hardware and demanding...

/ December 15, 2017
China Bitcoin Mining Crackdown

China’s Bitcoin Miners Prepare for Exit after Crackdown Rumours

Members of China’s active cryptocurrency community continue to have their work cut out as the nation’s regulators crack down on all cryptocurrency related activities. In September, Chinese regulators closed in on firms and individuals raising funds via token sales. The...

/ November 16, 2017
Need to Enable SegWit Support

Why Bitcoin Companies Need to Enable SegWit Support

The Bitcoin SegWit2X hardfork is now dead. While many breathed a sigh of relief that the contentious hardfork was taken off the cards, the community needs to address the underlying issue – transaction fees. Although many wanted to take the...

/ November 10, 2017
Bitcoin Mining Energy

Bitcoin Mining’s Runaway Energy Use: The Consumption Powering the #1 Crypto

With Bitcoin being a Proof-of-Work (PoW) cryptocurrency, Bitcoin miners compete with one another to compute algorithms for the network. The problem? This competitive PoW model inherently necessitates miners consume astounding amounts of energy to facilitate Bitcoin’s public ledger. Astounding’s no...

/ November 7, 2017
Coinhive Miner Proliferating

Coinhive Miner Proliferating Exponentially

Launched on the 14 of September, Coinhive is a relatively new website JavaScript plugin that garnered some interest from the cryptocurrency community. However, over the past month, it has grown at a near exponential rate and is mining vasts amounts...

/ October 20, 2017
F2Pool Pulls out NYA

F2Pool Bitcoin Mining Pool pulls Support for SegWit2X

Yet another mining pool has decided to pull support for the SegWit2X hardfork in November. This is quite significant as a hardfork can only be acheived if there is near unanimous miner support. This is also probably why there has...

/ October 13, 2017
Venezuela Beat Inflation Bitcoin

How Venezuelans Are Surviving Hyperinflation with Cryptocurrencies

With the crisis in their country showing no signs of abating there looks to be no end in sight to the suffering of ordinary Venezuelans. With shortages of food and medicine, a breakdown of law and order and rumours circulating...

/ September 28, 2017