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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Category 11: Mining

Mega Crypto Mining Facilities to be Established in Two Russian Provinces

Category: Bitcoin, Finance, Mining, News, Regulation, Tech

Mega Crypto Mining Facilities to be Established in Two Russian Provinces

Two provinces in the westernmost part of the Russian Federation have expressed willingness to host mega cryptocurrency mining facilities. Kaliningrad and Leningrad, two regions separated by over 900 kilometers are set to get involved in the world of cryptocurrency mining by allowing miners to set up shop within their jurisdictions. The two provinces want miners to upscale their activities from…

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U.S Federal Communication Commission Warns Bitcoin Miners to Desist from Interfering with Local Internet Connections

Category: Bitcoin, Commentary, Mining, News, Regulation

U.S Federal Communication Commission Warns Bitcoin Miners to Desist from Interfering with Local Internet Connections

It appears the bitcoin craze will not go away anytime soon. Telecommunications giants T-Mobile complained to the FCC that the activity of some bitcoin miners was causing dangerous interference with its broadband internet and now the Federal Communication Commission has passed its verdict. Dangerous Interference T-Mobile had informed the telecommunications regulatory body of interference to its 700 MegaHertz LTE network…

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Astronomer Claims Bitcoin Mining Is Preventing Mankind from Reaching Extraterrestrial Life

Category: Altcoins, Bitcoin, Mining, News, Tech

Astronomer Claims Bitcoin Mining Is Preventing Mankind from Reaching Extraterrestrial Life

An astronomer at one of the leading Universities in the world has claimed that finding aliens on other planets has become almost an impossible task to achieve these days because of the global bitcoin fever. Bitcoin Mining Taking Over In an interview with the BBC, Dr. Dan Werthimer, chief scientist at Berkeley University’s Search For Extraterrestrial Intelligence (SETI) Research Center,…

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The Many Ways to Invest in Blockchain Technology (Besides Buying Bitcoin in 2018)

Category: Bitcoin, Blockchain, Business, Finance, Mining, News

The Many Ways to Invest in Blockchain Technology (Besides Buying Bitcoin in 2018)

Blockchain technology has been all the craze for the past year even though it was developed in 2009. Even with the astronomical returns bitcoin (BTC) has provided in 2017 many individuals and institutions are still hesitant to get involved in the cryptocurrency markets. Buying BTC and other alternative currencies are the easiest way to invest in the blockchain. However, for…

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UK Government Websites Hit by Monero Mining Malware Could Have Been Much Worse

Category: Altcoins, Mining, News, Tech

UK Government Websites Hit by Monero Mining Malware Could Have Been Much Worse

In 2018, Hackers are designing malware not just to steal your personal information on your computer, but also to take over its processing power to mine cryptocurrencies. From this, we can glean that the value of cryptocurrencies and their importance is rising while governments and security companies need to focus exponentially more on these types of malware attacks. Government Websites…

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Kaspersky Claims a Glitch in Telegram Allowed Criminal Mining

Category: Altcoins, Business, Mining, News, Tech

Kaspersky Claims a Glitch in Telegram Allowed Criminal Mining

Moscow-based Kaspersky Labs has stated that a recent occurrence of illegal cryptocurrency mining was enabled due to the vulnerability of the Telegram’s app software. The collaborative cybersecurity outfit is indignant that a relatively simple and well-known criminal method managed to filter through the popular messaging application. However, Telegram’s founder, Pavel Durov, a former fellow citizen, denies the severity of the…

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Instead of Selling Natural Gas, This Canadian Company will Mine Bitcoin

Category: Bitcoin, Business, Mining, News

Instead of Selling Natural Gas, This Canadian Company will Mine Bitcoin

Troubled by dwindling natural gas prices, one producer from Alberta has come up with a rather innovative solution to improve the company’s bottom line. Iron Bridge Resources (IBR), one of Canada’s largest oil and gas companies, has announced that instead of selling natural gas at stubbornly low prices, it will utilize a part of its production to generate electricity and…

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Nvidia CEO Very Bullish on Cryptocurrency’s Long-term Forecast

Category: Altcoins, Bitcoin, Business, Mining, News, Tech

Nvidia CEO Very Bullish on Cryptocurrency’s Long-term Forecast

Many companies are trying to capitalize on the cryptocurrency craze that is sweeping business sectors worldwide. What many expected to be a fad from 2009 has solidified itself as one of the most promising technologies of recent memory. Very few companies are capitalizing on the mass adoption of cryptocurrencies more so than Nvidia. Nvidia Loves Crypto Nvidia is a company…

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Hackers Hijack Giant Advertising Screen and Repurpose it for Bitcoin Mining

Category: Bitcoin, Mining, News, Tech

Hackers Hijack Giant Advertising Screen and Repurpose it for Bitcoin Mining

Even with the ongoing crypto bloodbath, cryptocurrency mining remains a lucrative venture and hackers, as well as businesses, are not relenting at all in their efforts toward becoming kings of digital currency. Individuals can mine bitcoin and other cryptocurrencies on virtually anything that is connected to the internet. The lastest event in the world of mining; a large advertising screen…

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Bitcoin Fever: Russian Nuclear Scientists Arraigned for Mining with “War Computer”

Category: Bitcoin, Mining, News, Tech

Bitcoin Fever: Russian Nuclear Scientists Arraigned for Mining with “War Computer”

Security authorities have arrested nuclear scientists working at a top secret Russian warhead center for trying to mine cryptocurrencies using supercomputers meant for war purposes. Misappropriated Mining Attempt Nuclear scientists’ turned-suspects attempted to use one of Russia’s most sophisticated supercomputers to mine bitcoins, according to the BBC. The Federal Nuclear Center is located in Sarov, Russia and is restricted from…

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