1 in 3 U.K. Businesses Hit by Cryptojacking in July: Study

A new study published by Citrix has suggested that approximately 30 percent of businesses in the U.K. fell victim to cryptojacking attacks in July alone, as criminals continue to push malware that secretly uses the processing power of their computers to mine cryptocurrency. The research, which was commissioned by software company Citrix, asked 750 IT

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Bitmain Releases New Crypto Mining Internet Routers for Dash and Siacoin

Bitmain has announced the launch of two internet routers that can mine Dash and Siacoin. In a tweet shared online, the company said the new miners, known as the Antrouter R3-DASH and Antrouter R3-SIA, will function as internet routers that can mine cryptocurrencies at the same time using the devices’ idle processing power. The routers

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Bitcoin Cash Lead Developer Banned From BCH Slack Channel

Bitcoin Cash lead creator Amaury Séchet has reportedly been expelled from the cryptocurrency’s Slack community following a dispute over his proposal to reduce transaction times using the “pre-consensus” framework. Prominent Bitcoin Cash promoter Roger Ver broke the news on a Reddit thread that attracted more than 800 comments. “Benevolent Dictator” of Bitcoin Cash Having been with

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AMD Expects GPU Sales to Cryptocurrency Miners to Keep Sliding

AMD has disclosed that the cryptocurrency-induced boom for sales of its GPU cards is over, for the foreseeable future. During an earnings call the Santa Clara, California-based chipmaker revealed that graphics cards sales to cryptocurrency miners declined during the quarter that ended in June. The Graphics Processing Units that AMD and its rival Nvidia make

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Crypto Mining Decline Expected to Slash GPU Prices

The recent decline in cryptocurrency mining has eroded demand for graphics cards, with card suppliers planning to slash prices to clean out their inventories. The softening market has snagged demand for ASIC mining equipment, supply chain sources have indicated. Graphics card prices are expected to fall about 20% this month, suppliers noted,  according to Digitimes.

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Change.org Launches Screensaver That Mines Monero for Charity

Popular social petition platform Change.org is asking its supporters to install a screensaver that will mine monero on behalf of the for-profit organization’s charitable foundation. Change.org Asks Supporters to Mine Monero for Charity Dubbed “The Mining Screensaver,” the tool activates whenever a user steps away from his or her computer for a set period of

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Gamers’ Relief: Bitcoin Bear Period is Bringing Down High-End GPU Prices

Bitcoin isn’t the only one going down. As the cryptocurrency keeps losing its value, other areas of the industry are starting to take its toll. As Bitcoin, and cryptocurrencies all over the world, skyrocketed in value last year, a new market was born — crypto mining. I’m sure you know at least one person who

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Chinese Police Arrest Malware Developers Who Hacked $2 Million in Crypto

The developers are responsible for hacking millions of computers to hack a total of $2 million in cryptocurrencies. Computers were initially infected with a mining program and a mining monitoring software — whenever the latter detected CPU utilization below 50%, the former would silently start mining in the background. The cycle was repeated endlessly, with

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Cheap Electricity Drawing Cryptocurrency Miners to Underpopulated Areas of Japan

Lesser-known and relatively underpopulated parts of Japan are beginning to attract cryptocurrency miners, largely due to the availability of cheap electricity. This includes Fukui, a city in a prefecture bearing the same name and which has a population of slightly over 250,000. The city boasts not just low electricity prices but also affordable rent as

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Zcash Governance Panel Votes Against Prioritizing ASIC Resistance

In a vote led by the Zcash Foundation, the Zcash community voted against prioritizing ASIC resistance in the protocol. The governance panel consisted of 64 elected individuals from the Zcash community. In May, Chinese hardware manufacturer Bitmain released the first ASIC miner for Zcash. Several people have expressed concerns over this stating that ASICs would lead

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