Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent […]
Tag: cryptocurrency mining
Can You Mine Cryptocurrencies on AWS or DigitalOcean?
In the world of cryptocurrency, mining is an integral part of Bitcoin and most altcoins. Unfortunately, not everyone has the means to mine at home or partake in cloud mining. Relying on AWS-based mining was a worthwhile solution some time ago, but that concept has fallen out of favor as […]
4 Simple Guidelines to Remain Safe From Cryptojacking Attacks
Cryptojacking is a very serious threat which cannot be taken lightly. It seems a lot of devices continue to get infected with cryptocurrency mining malware these days. The following tips can help users protect their devices from such attacks and prevent the malware from causing any real damage. #4 Use a […]
On Self-Reliance, Cryptocurrency, and Tiny Houses
One of my favorite pastimes is thinking about how cryptocurrency and blockchain technology can change the world. I’m also very interested in the world of minimalism and sustainable lifestyles. In fact, I tend to think about building a micro-home/tiny house in the future. Though I’m not the first to connect the […]
Cryptocurrency Mining Takes off in Japan
Japan has positioned itself as one of the world’s biggest cryptocurrency hubs. That in itself is a very important development, especially since China has made itself irrelevant. It now seems cryptocurrency exchanges are not the only major trend in Japan, as mining Bitcoin and altcoins has also become a lot […]
Kosovo Is Quickly Turning Into a Major Cryptocurrency Mining Hub
Various European nations are showing increasing interest in cryptocurrency. This is especially apparent where altcoin mining is concerned. It is a pretty interesting trend, especially when considering that Kosovo is getting involved. It’s a positive turn of events for this plagued European country, although it remains to be seen how […]
Apple Bans All Cryptocurrency Mining Applications from Its App Store
A very worrisome trend has begun taking shape as far as iPhones are concerned. Various consumers have begun using these devices to mine cryptocurrencies. Not only is this unprofitable, it will also destroy one’s hardware. As such, Apple has banned cryptocurrency mining applications from its App Store altogether. A Smart […]
Russian Government Website Was Affected by a Malicious Cryptocurrency Mining Script
There have been a lot of incidents involving cryptocurrency mining. This has become especially apparent where malicious mining scripts on various websites are concerned. It seems one official website in Russia has fallen victim to a malicious mining attack which ran for ten full days. Another Cryptocurrency Mining Incident It […]
Bitcoin Price Watch: Currency Sits at $6,700
At press time, nothing has changed regarding the bitcoin price. The father of cryptocurrencies is sitting at $6,700 – a price it has held for roughly 24 hours, and recovery doesn’t appear imminent anytime soon. The mega-drop that hit the asset during yesterday’s morning hours stem from two likely sources. […]
The Economic Ripple Effect of Bitcoin Mining
Given the numerous drawbacks, Bitcoin mining tends to stop a lot of people in their tracks. As a handful of companies and countries ironically have a monopoly on the mining of Bitcoin, can it still be cost-effective to do? What’s the economic ripple effect of Bitcoin mining? Bitcoin Mining Contributes […]