New Malware Attacks Hold ASIC Miners to Ransom

According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto Businesses in Pennsylvania New Ransomware […]

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Bitmain Unveils New 18 Terahash Water-Cooled Bitcoin Miner

On August 23, the China-based firm Bitmain Technologies revealed the company’s latest mining device, the Antminer S9 Hydro. The newly manufactured rig is a water-cooled SHA256 miner that commands a hashrate of around 18 trillion hashes per second (TH/s). Also read: Innosilicon’s T2-Turbo Bitcoin Miner is Powerful, But GMO’s B3 is Still the Champ The Antminer S9 Hydro Over the past […]

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Cryptocurrency Miners Earn More than Speculators

Researchers have found you are likely to earn more by mining Bitcoin than by trading cryptocurrencies. Researchers from the University of California San Diego have concluded that it pays better to mine cryptocurrencies than to speculate on them. Danny Huang, lead author of the study report, said that people who mine a cryptocurrency after it is listed on exchanges have […]

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