Bitcoin firm that exploded 12,000% in the past year is buying the world’s largest mining farm

Bitcoin firm that exploded 12,000% in the past year is buying the world’s largest mining farm Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Riot Blockchain, a publicly listed United States Bitcoin mining player, acquired a crypto mining facility for over $650 million last week as […]

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On-chain data shows Bitcoin miners are HODLers and accumulating

Bitcoin miners are accumulating the asset at the current price range against a generally bullish backdrop and rising demand for the world’s largest cryptocurrency by market cap. When miners HODL Data from on-chain analytics platform Glassnode for the ‘Miner Net Position’ metric—which tracks miner addresses to show inflows/outflows—showed most miners were net holders of Bitcoin […]

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New crypto-mining malware targets Call of Duty players

Researchers at major video game publisher Activision have discovered a new malware program that installs hidden cryptocurrency miners on users’ PCs by masquerading as a “trainer” for Call of Duty: Warzone, the company revealed yesterday. NEWS: Hackers hid malware inside Call of Duty Warzone cheats, according to Activision. pic.twitter.com/OErNDAlMOG — Call of Duty Warzone News […]

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YouTuber turns Nintendo Game Boy into Bitcoin mining rig

YouTuber turns Nintendo Game Boy into Bitcoin mining rig | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Mining Liam Frost · March 28, 2021 at 10:21 pm UTC · 2 min read Pseudonymous YouTube content creator called “stacksmashing” has managed […]

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Will Ethereum miners stop “shows of force” for more block rewards?

Will Ethereum miners stop “shows of force” for more block rewards? | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Last week, Michael Carter of YouTube channel Bits Be Trippin’ authored Ethereum Improvement Proposal (EIP) 3368. This introduces the idea of increasing block rewards from […]

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Bitcoin mining firm plans $2 billion NASDAQ listing via SPAC merger

A U.S.-based Bitcoin mining firm, named Cipher Mining Inc., will result from the merger between Bitfury subsidiary Cipher Mining Technologies Inc. and Good Works Acquisition Group, in a special purpose acquisition company (SPAC) deal. The combined company is valued at $2 billion. Plans are in place to list it on the NASDAQ under the ticker […]

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Nvidia bets big on Ethereum mining with new dedicated graphic chip

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 […]

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Bitcoin blockchain’s hash rate hits new all-time high

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 […]

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Gold could get ‘GameStopped’ next, says Cameron Winklevoss

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 […]

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Iranian hackers use cryptojacker to bypass sanctions, says report

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 […]

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