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XYO Smartphone Mining XYO Network The XYO network permits users to convert their smartphones into a node using trackable, monitored, immutable blockchain and verification technology embedded through their partner app, “COIN”. The hassle of investing in a cryptocurrency miner or transforming individual currency on an exchange FINALLY has a solution. Users can now apply their […]
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The chipmaker was overwhelmed by the massive use of its graphic chips by Ethereum and Bitcoin miners in 2017. But it’s prepared this time around. Nvidia’s Ethereum bet Graphics chipmaker Nvidia said Thursday it will release a new series of semiconductors specifically for mining Ethereum, as per a report on Verge. The firm saw huge […]
The mean hash rate of the Bitcoin (BTC) blockchain—or the total computational power dedicated to mining—reached a new all-time high of over 176 exahashes per second (EH/s) on Friday, according to crypto metrics platform Glassnode. Yeah, that’s a lot. The Bitcoin network’s mean hash rate exceeded 176 EH/s. Image: Glassnode The increase in hash rate […]
The ongoing silver price rally, allegedly sparked by retail traders from Reddit, could “tell us just how bullshit precious metals markets are,” said crypto exchange Gemini co-founder Cameron Winklevoss last Sunday. The ramifications of a #silversqueeze cannot be underestimated. If it’s exposed that there are more paper claims on silver than actual silver, not only […]
Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran, according to a report published yesterday. “MrbMiner is a recently discovered cryptominer that targets internet-facing database servers (SQL servers) and downloads and installs a cryptominer. Database servers are an attractive target […]
Today sees the Bitcoin bulls mounting a fightback following the weekend slide. Although the leading cryptocurrency is up a relatively modest 3%, it’s still welcome news considering the pain of last week’s sell-off. Despite recent turbulence, Bitcoin’s macro performance has been nothing short of remarkable since the end of Q3 2020. While the lead up […]
There’s no more hopeful image than an oasis in a desert. But what about a warm greenhouse in a Nordic winterscape? There’s a greenhouse in Northern Sweden that may be the future of sustainable, year-round farming, and the heat is coming from an unlikely source: Cryptocurrency mining. Crypto Mining Excess and Opportunity Mining for cryptocurrency […]
The recent BTC run has borne good news for two important parts of the Bitcoin ecosystem — investors and miners. Data from on-chain tracking firm Glassnode shows miner revenues are back at pre-halving levels, i.e. before May 12 of this year. These are the same as when block rewards were double those of today. #Bitcoin […]
Ripple CEO Brad Garlinghouse took a dig at companies buying Bitcoin last week as the climatic effects of proof-of-work cryptocurrencies, like BTC, may be met with stern regulations if Democrat Joe Biden is elected as the US president. At press time, Biden has 290 electoral votes in the US against Republican Donald Trump’s 214 — […]
