Items tagged with cryptocurrency
It was only a few months ago when there was talk of Bitcoin being on a trajectory to perhaps hit $50,000 or even $100,000, which could make late adopters wealthy and early adopters obscenely rich (more so than they have already become). Fast forward to today, however, and the future is as murky as ever. Not that it...
Read more...
If you're a developer thinking of a way to slip a cryptocurrency mining app into the iOS App Store to make a quick buck, Apple is putting stop to that. The company has updated its developer guideline to explicitly ban cryptocurrency mining on the iPhone and the iPad.
The updated rules can be found in Apple's App...
Read more...
Things aren't exactly rosy in the cryptocurrency world; particularly when it comes to Bitcoin. Over the weekend, South Korean cryptocurrency exchange Coinrail confirmed that it had been hacked. The site says that it was the victim of a "cyber intrusion" and that roughly 30 percent of the coins trades on the exchange...
Read more...
Cryptocurrency mining appears to be evening out somewhat with regards to demand on hardware, which has thankfully resulted in GPU prices heading closer towards normalcy. However, for those that are still committed to build kickass rigs to mine for cryptocurrencies, ASUS is launching the new H370 Mining Master...
Read more...
One of the biggest criticisms of cryptocurrency, and Bitcoin in particular, is the highly volatile nature of digital coins. However, that's for investors and miners to worry about. A larger concern that is starting to draw increased attention is the power usage that comes from mining cryptocurrencies on a large scale...
Read more...
If the current political climate has you wanting to pack your bags and get off the grid, you might be interested in what is to become the world's first independent floating nation. Called the Floating Island Project, this independent nation will consist of around 300 homes built on the island, along with a spattering...
Read more...
It's no secret that cryptocurrencies like Bitcoin and Ethereum have their loyal followers along with scathing detractors. Billionaire investor Warren Buffett has never been a fan of cryptocurrencies, but he ratcheted up the rhetoric this week by calling Bitcoin "rat poison squared".
Buffett helms Berkshire Hathaway...
Read more...
MyEtherWallet confirmed on Twitter that hackers hijacked its Domain Name System (DNS) servers and redirected users to a phishing site in Russia. By obtaining private keys from affected users, the hackers reportedly were able to swipe around 215 Ethereum coins (ETH) worth somewhere in the neighborhood of $150,000. The...
Read more...
Bitmain, a popular manufacturer of ASIC hardware, is now taking pre-orders for a new model that could potentially (and finally) reduce the demand on graphics cards for cryptocurrency mining. Called the Antminer E3, the new Ethash ASIC is purpose built for mining Ethereum, the second biggest form of cryptocurrency...
Read more...
Cryptocurrency mining software has become quite an annoyance in recent months, as many unsavory types have latched on to the software to make a quick buck (at the expense of your computer's resources). Google is attempting to get a firm grasp on the situation before it gets out of hand inside the Chrome Web...
Read more...
When it comes to cryptocurrency mining, many small- and large-scale outfits have cornered the GPU market, buying up large quantities of current generation AMD and NVIDIA graphics cards. Gamers have especially been hit hard by miners, as even mainstream graphics cards that should be heading towards the bargain bin at...
Read more...
We've heard a lot about failed initial coin offerings (ICOs) over the past year, and ICO research firm Satis Group has added its on detailed analysis of the madness surrounding these cryptocurrency fund raisers. According to Statis, roughly 81 percent of all ICOs in the past year have been outright scams, which is an...
Read more...
Cryptocurrency mining is a phenomenon that many gamers and even some cities are having issues with. Gamers aren't happy because the miners are buying up all the graphics cards out there and making them hard to find and driving prices up. Some cities aren't happy because the miners are slurping up vast amounts of...
Read more...
Ethereum has taken a swift kick to the blockchain after the Securities and Exchange Commission (SEC) announced that it has "dozens" of investigations open in the cryptocurrency space associated with ICOs (Initial Coin Offerings). The announcement of the investigations was made by an agency official on March 15. The...
Read more...
Plattsburgh, New York is city that has just over 30,000 residents, and those citizens recently saw their power bills unexpectedly increase due to a problem that is starting to affect more people in the United States. We're talking about cryptocurrency mining, of course. Plattsburgh has placed an 18-month ban on new...
Read more...
Google is taking a stand against advertisements on the internet that promote cryptocurrencies, cryptocurrency exchanges/wallets/trading advice and/or initial coin offerings (ICO). The tech giant says that it will no longer serve ads through its platforms for these products and services starting in June 2018.
"We...
Read more...
Microsoft Report Details Cryptocurrency Mining Malware Epidemic, 644,000 Unique PCs Affected Monthly
It seems that everyone and their uncle is mining cryptocurrency these days. That is a topic in and of itself, but what's disturbing is even if you are not knowingly mining virtual coins, you might still be mining...for someone else. Crypto-jacking has emerged as a form of malware, whereby a website or app sneakily...
Read more...
Everyone is looking to make a buck with cryptocurrency these days, and unfortunately it has gotten to the point where even unrelated apps and websites are prone to using your device's resources for mining, often without the user's consent. It has been a problem for Google Play, and now also the Mac App Store. It's...
Read more...
There are plenty of uncertainties and grey areas currently lurking around the cryptocurrency market. From wild fluctuations in valuations, to cryptocurrencies like Bitcoin being used on the black market, to government institutions that are looking to get in on a piece of the action, we're still in the "Wild Wild West"...
Read more...
Jon Peddie Research (JPR) has released its shipment numbers for GPUs during the fourth quarter of 2017, and there's some mixed news to report. Looking at quarterly performance, AMD was the big winner with an 8 percent quarter-over-quarter increase in GPU shipments during Q4. AMD was able to nab market share from both...
Read more...
Apple Co-Founder Steve Wozniak recently revealed that he had seven bitcoins stolen from him in an old school scam that has been around as long as credit cards. Those coins are now valued at roughly $70,000 and change. He wasn't duped by one of the many cryptocurrency scams out there, like those that pretend to be from...
Read more...
It's a terrible time right now for gamers and DIY PC enthusiasts who are looking to build up a new gaming PC. The problem isn’t that the hardware available now is sub-par; we have some fantastic CPUs and GPUs on the market. Unfortunately, as it has been widely reported, the problem is that cryptocurrency miners are...
Read more...