Cryptocurrency Analysis and News Portal
Ouch, Crypto Mine on FireWhile Bitcoin is a digital coin, it has a physical component: nodes and miners. A network of tens of thousands of mining machines constantly process transactions and place them into blocks, creating a chain.Due to their physicality, these machines are susceptible to risk. A “mega farm”
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An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC).Convicted to pay $7,000 fineAccording to a Sept. 27 article by Russian news outlet Meduza, a man was fined 450,000 rubles ($7,000) for trying to mine Bitcoin by
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Blockchain and artificial intelligence startup, Core Scientific has acquired Stax Digital to further develop its infrastructure and software solutions.Creator of HoneyminerIn a Sept. 27 press release, Core Scientific announced the acquisition of blockchain mining company Stax Digital, the creator of the most widely used GPU mining program, Honeyminer. Stax
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Pi Network, a rapidly rising star in the blockchain world is close to reaching its first halving – to take place when half a million users are registered (currently at 450,000+). advertisement The project’s mission is bold – to build the world’s most inclusive peer-to-peer marketplace, fueled by Pi, the world’s most
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Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last
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The online real-time economic strategy game, Prospectors, will be launching on the Worldwide Asset eXchange (WAX).Prospectors blockchain game lands on WAXIn a Sept. 17 blog post, WAX announced that one of the largest dApps in the world, The Prospectors, is launching on the WAX blockchain, which users buy physical
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Cybercriminals are now exploring new platforms and ways to carry out crypto mining attacks using malicious software (also known as cryptojacking), along with ways to keep the malware undetected.One of such malware attacks has recently been identified by two threat-analysts. Skidmap, a new Linux malware, is not only capable of
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Data from blockchain.com shows Bitcoin’s hash rate is at all-time-high. Last week, it peaked at 98.5 quintillion hashes per second. In addition, according to the mining pool, BTC.com, mining difficulty is also at its highest ever level at 11.9 T.All in all, miner’s confidence, in Bitcoin, has never been higher,
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Mining pools grow and shrink, and rise and fall altogether. Today there are more extinct mining pools than there are active ones. The hashpower of the survivors secures hundreds of
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Regulators in the Chinese autonomous province of Inner Mongolia have issued a notice demanding a clean-up of the province’s crypto mining enterprises.Terms of noticeAs local crypto outlet ChainNews reported on Sept. 14, five departments within Inner Mongolia have determined the need to rectify the mining industry within the province.
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