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The past day for Verge (XVG) represents yet another fiasco for the highly controversial Dogecoin fork. Hackers have managed to mine an XVG block every second through a timestamp exploitation coupled with a 51% attack. To make matters worse, hasty developer responses have actually rendered the network even more incapable through an ineffective hard fork. … Read more
Verge, a ”privacy coin” famed for the zealotry of its community, has fallen prey to a 51% attack. A malevolent miner gained majority control of the network hashrate, a feat that makes it possible for the controlling entity to modify transactions, calling the integrity of the entire blockchain into question. Around 250,000 verge were stolen … Read more
It’s an easy comparison to make: Bitcoin mining versus gold and oil extraction. All – in the abstract sense for bitcoin – involve unearthing resources, all have had bumpy price histories, and all have been labeled as disruptive in their time. Also read: Crypto Exchanges Charging Up To $3 Million To List Tokens Gold vs … Read more
An American public utility authority in Washington has discovered unauthorized mining activity, penalties are to be imposed on the offenders. #NEWS Go to Source Powered by WPeMatico
On April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for … Read more
Ubcoin Market, a peer-to-peer ecosystem that would allow its users to become crypto investors by selling real goods and receiving cryptocurrency in exchange, announces the start of the main stage of its Token Sale. The team behind the mobile payments app Ubank launches the Token Sale for its blockchain ecosystem called Ubcoin Market whose participants … Read more
Bitmain has released its Ethash ASIC miner with the first units set to ship in mid-July. #NEWS Go to Source Powered by WPeMatico
It’s coming close to a decade since the creation of the bitcoin network and the cryptocurrency ecosystem. The protocol has produced a great deal of users, infrastructure, businesses and influential parties like developers and miners. Since the beginning of bitcoin’s mining history, individuals mined lots of coins with central processing units (aka home computers). Later, … Read more
Google says mining in Chrome extensions will no longer happen after June. #NEWS Go to Source Powered by WPeMatico
James Wagner, Extensions Platform Product Manager of Google, took to the behemoth’s Chromium Blog on Monday in a post titled, Protecting Users from Extension Cryptojacking. “Starting today,” Mr. Wagner explained, “Chrome Web Store will no longer accept extensions that mine cryptocurrency. Existing extensions that mine cryptocurrency will be delisted from the Chrome Web Store in … Read more
