Archive | cryptocurrency mining

Having Switched From Mining Gold to Cryptocurrency, Hive Notes 633% Growth

In Canada, the mining industry has seen some significant growth as of late. Especially when it comes to gold mining, there is still a lot of money to be made. Even so, some companies are pivoting their business models from mining gold to mining Bitcoin and altcoins. Vancouver-based Hive Blockchain Technologies, Inc is worth keeping […]

Once Again, The Pirate Bay Mines Cryptocurrency Without Opt-out Feature

The Pirate Bay recently made headlines due to its in-browser cryptocurrency mining venture. Although this test only ran for one full day, it was a pretty interesting development which set off a shockwave of copycat ventures by other sites. It turns out the platform is mining cryptocurrency once again, but users can no longer opt out at this […]

Looop Announces New Electricity Plan to Promote Cryptocurrency Mining

Japan has quickly become one of the most prominent regions for Bitcoin and other cryptocurrencies. It is evident there will be some interesting Bitcoin-related ventures launching in this particular country. Especially in the mining industry, big things may be happening in the very near future. In particular, local renewable energy provider Looop has some ambitious plans […]

Bitcoin Mining Is the Next Frontier for Japanese Financial Institutions

When it comes to finding the most forward-thinking countries in all of cryptocurrency, Japan will be on most people’s shortlists. It was one of the first countries to have legalized Bitcoin, which has resulted in some interesting economic changes. It now appears the Japanese financial sector wants to get involved in Bitcoin mining as well. This echoes […]

Fidelity’s Cryptocurrency Mining Operation Is Now Profitable

Most financial industry enthusiasts will have come across the name Fidelity Investments. It is one of the largest investment firms to date, managing US$2.3 trillion worth of assets as of today. Unlike most other firms, however, Fidelity has taken a keen interest in cryptocurrencies. In fact, the company is even mining specific currencies, although not too many […]

Should Video Games Use Unutilized Computer Resources to Mine Cryptocurrency?

The topic of mining cryptocurrency using other people’s browsers has been met with a lot of opposition. That is only normal, as none of the platforms experimenting with such solutions have allowed users to opt out of mining. While it is understandable that new revenue models would be explored, using JavaScript to mine Monero or any other […]

Two CBS Websites Contained Code to Mine Monero

It appears plenty of websites are experimenting with cryptocurrency mining scripts these days. Now that two sites operated by CBS’s Showtime video network have been identified as containing such scripts, it will be interesting to see how the public responds. Up until now, only niche sites had experimented with this concept, but Showtime is a different creature altogether. […]

Hydrominer Set to Launch Watt Based Tokens to the Market

The mining process forms the most crucial part of the cryptocurrency ecosystem, as it is necessary to maintain the network and process transactions over it. However, profitable mining requires specialized hardware, loads of hashing power and electricity which is not affordable to everyone. While setting up a mining farm, two critical things should be considered […]

Major Malvertising Campaign Mines Cryptocurrencies Using Users’ Browsers

Mining cryptocurrency has become even more popular over the past few months. Unfortunately, this trend has also attracted a lot of attention from cybercriminals. As a result of this growing attention by the wrong crowd, criminals have come up with some unique ways to mine cryptocurrencies using other people’s computers. This new malvertising campaign goes […]

Russian Government Officials Could Subsidize Miners’ Electricity Costs in the Future

The Bitcoin situation continues to get more confusing by the minute. Over the past few days, we have seen many conflicting reports regarding cryptocurrency in this country. One of the latest disclosures involves subsidizing electricity costs to cryptocurrency miners. An interesting decision, considering the Russian government prepared to make mining in apartment complexes illegal. These […]

Russia Might Enforce Ban on Bitcoin Mining in Residential Places

The relationship between Russia and cryptocurrency continues to evolve in different manners. It appears there is now a proposal on the table to ban Bitcoin mining in residential areas. Assuming there is any truth to this concept, things aren’t looking great for cryptocurrency miners in the country. Any apartment or flat housing a Bitcoin mining […]

FutureBit Moonlander 2 Makes USB Mining Exciting Again

There are a few different ways for people to mine alternative cryptocurrencies. In most cases, they require either powerful graphics cards or ASIC hardware. However, it turns out USB mining may be making a comeback. The FutureBit Moonlander 2 is quite a powerful USB device which does not require all that much electricity to run. Although […]