Tag: Mining

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
CBS Websites with Monero Javascript

CBS Websites Found to Have Monero Mining Code

We have previously covered the attempts by some websites such as the Pirate bay to use the processing power on a user’s browser to mine Monero. The websites will use self-executing JavaScript code that will mine the Monero while the...

/ September 28, 2017
Quantum Computing Mining Bitcoin

Bitcoin Mining in the Age of Quantum Computing

Bitcoin mining has already become an expensive and complicated affair. As the difficulty rates have adjusted, the machines required in order to mine the new Bitcoin have had to advanced beyond mere GPUs on home PCs to ASICs developed by...

/ September 27, 2017
Bitcoin Gold Hard Fork

Are we Heading to yet Another Version of Bitcoin?

It seems as if many investors were just getting used to the concept of Bitcoin cash, Bitcoin¬†and the SegWitx2 fork in November. However, they may have to get used to the concept of yet another version of Bitcoin called “Bitcoin...

/ September 27, 2017
China Won't Ban Bitcoin Mining

China Won’t Ban Mining According to John McAfee

There has been a lot of news out of China lately that seemed to go from bad to worse. First there was the clamp down on Initial Coin Offerings (ICOs) in the country. Then, the authorities moved onto the exchanges...

/ September 20, 2017
Why So Much Bitcoin Mining Concentrated in China

Why so much Bitcoin Mining is Concentrated in China

It is no secret that China is in by far the most dominant position when it comes to Bitcoin mining. Currently, China accounts for about 71% of the mining hash power in the world. This comes down to simple economics...

/ September 18, 2017
Websites using Malvertising to Mine Monero

Websites using Malvertising to Mine Monero

Annoying web ads can really impede one’s browsing experience. However, how about the prospect of your browser doing a bit of Monero mining whenever you visit a page? We have previously heard how Russian hackers have resorted to spreading malware...

/ September 17, 2017

Russian Hackers are Targeting your PC, for Mining

WannaCry, Not Petya, Mt Gox or the DAO. We always here about the large scale hacks or cyber crime exploits that cause a great degree of damage and publicity. However, there is a far more silent yet effective threat that...

/ September 8, 2017