There has been a rise in crypto heists over the last few months. According to security researchers, cybercriminals have been very active over Q1, stealing nearly $1.3 billion USD worth of crypto assets. According to Atlas VPN and Slowmist Hacked, a company that collects information about disclosed attacks targeting blockchain …
Read More »Valve dropped Bitcoin from Steam due to mass fraud
Back in April 2016, Valve began accepting Bitcoin as a form of payment on the Steam Store, allowing those with cryptocurrency to purchase games. Valve eventually removed support for cryptocurrency in 2017, and now we know why – half of the transactions were fraudulent. When Valve first decided to remove …
Read More »New software reportedly removes the hash rate limiter on Nvidia RTX LHR GPUs
With graphics cards pricing coming down and the end of Ethereum mining on the horizon, many are expecting graphics cards to become affordable once again. Unfortunately, there may be a set back, as a new software can reportedly completely remove the mining hash rate limiter on Nvidia RTX LHR GPUs. …
Read More »Amazon denies rumours of accepting Bitcoin payments
Earlier this week, reports began claiming that Amazon was in the process of enabling cryptocurrency payments on its massive store. This would have been a very big deal and we swiftly began observing cryptocurrency prices creeping up following the news. Unfortunately, the story appears to have been incorrect. Amazon has …
Read More »FTC warns of cryptocurrency scams as fake Elon Musk accounts rake in millions
If you are a Twitter user and keep up to date with cryptocurrency news, then chances are you've seen some fake Elon Musk accounts claiming to give away thousands of dollars worth of Bitcoin or offering huge investment returns for just a little bit of cryptocurrency. This is an obvious …
Read More »TSMC’s 5nm manufacturing process to be used on ASIC miners
Bitmain, one of the most prominent manufacturers of ASIC crypto miners, has reportedly ordered chips from TSMC. Based on the 5nm process node, these chips should offer improved performance at lower power consumption, making Bitmain products more profitable and attractive to miners. The report coming from DigiTimes also states that …
Read More »Someone modded a Commodore 64 to mine Bitcoin
Bitcoin mining fever has some severe symptoms. While some think it's a good idea to mod a Gameboy to mine Bitcoin, others prefer the more retro Commodore 64 for that purpose. It certainly won't rival any ASIC miner out there, but it still is an achievement worthy of being shared. …
Read More »Nvidia reportedly updating RTX 3060 GPU with additional anti-mining tech
Back in February ahead of the launch of the RTX 3060, Nvidia announced plans to limit mining performance on future GeForce graphics cards, starting with the RTX 3060. Unfortunately just a few weeks later, Nvidia accidentally shipped a beta driver without the limitations in place. Now, Nvidia looks to be …
Read More »Nvidia raises Q1 forecast as CMP mining cards begin to sell
Nvidia always does well financially but it looks like Q1 2021 is going to be particularly big for the company. Previously, Nvidia told investors that it expects to make $5.3 billion during the first quarter, but due to an uptick in crypto-mining sales and the launch of CMP graphics cards, …
Read More »Original Game Boy can now be used to mine Bitcoin
Every once in a while, we see tech used for something it was absolutely not designed for, whether it be running Doom on every device imaginable, or getting Windows running on a smart watch, it is always interesting to see. This week's big thing appears to be an original Game …
Read More »Nvidia’s flagship mining card tipped to offer twice the performance of RTX 3090
According to a couple of sources this week, Nvidia is planning on releasing a very high-end CMP HX series crypto-mining card. A flagship model featuring the GA100 GPU is apparently on the way, expected to provide a hash rate of up to 210 MH/s – double the mining performance of …
Read More »Radeon RX 6700 XT could be a flop for crypto miners
The first Radeon RX 6700 XT mining benchmarks have started to appear, bringing good news for gamers and not-so-good news for crypto currency miners. According to this first batch of tests, the RX 6700 XT will have a lower hash rate compared to the older RX 5700 XT. These benchmarks …
Read More »Bitcoin continues to surge, surpasses $28,500 per coin
Over the course of 2020, Bitcoin has been back on the rise, emulating the massive boom the cryptocurrency had back in late 2017. In early December, Bitcoin reached a new all-time high value of $20,000 and in the weeks following, things have only been going up. As reported by The …
Read More »Bitcoin reaches new all-time high, surpassing $20,000
A few weeks ago, we learned that Bitcoin was booming once again, with the cryptocurrencies value approaching a new all-time high. Today, the Bitcoin market saw another boost, pushing its value to over $20,000 USD per Bitcoin. This is a new all-time high for Bitcoin, which has risen from $19,000 …
Read More »Bitcoin is booming again, hitting $19,000 value this week
Back in late 2017, Bitcoin saw a huge boom, with the value of a single Bitcoin rising to just under $20,000. By early 2018, Bitcoin value swiftly began dropping again and has remained far off its peak value since then. That is beginning to change now, with the Bitcoin market …
Read More »MSI to launch ‘Miner’ graphics cards based on Nvidia Turing and AMD RDNA chips
The next generation of Nvidia RTX graphics cards are about to be ushered in, which means manufacturers are going to be looking at ways to shift any remaining RTX 20 series stock they have left. In MSI's case, it looks like the company will be repackaging some of its Turing …
Read More »Brave now has opt-in ads that pay users back a 70% revenue cut
Brave made a name for itself by being one of the best web browsers with built-in ad blocking functionality across mobile and PC. Last year, the team behind Brave did begin testing its own advertising platform, but with a twist that would give users a 70 percent revenue cut for …
Read More »The curious case of mystery crypto boxes
Between carefully-crafted listings of photographs of items sold as if they were the actual product and mystery boxes filled to the brim with garbage sourced from resellers and local dollar stores, the early days of eBay were a mess. A highly amusing mess for outsiders, but still a mess. We …
Read More »GPU prices reportedly expected to dip by 20% this month
According to reports, vendors are anticipating an average GPU price reduction of 20% in July as crypto demand continues to weaken.
Read More »Brave web browser launches trials for opt-in ads that pay viewers cryptocurrency
Brave is one of the most popular browsers on Android, and it is slowly making inroads on Windows too. The developers of Brave are big believers in Blockchain technology and they want to use it to create a fair advertisement system that benefits both promoters and viewers. Yesterday, Brave announced …
Read More »Docker finally takes action against rogue cryptocurrency mining code
Since launching five years ago, Docker has proven to be an invaluable piece of software for developers and sysadmins. Unfortunately, the folks behind the service have been a bit slow to react to one specific security issue, as users found that the Docker Hub service contained 17 images with ‘back door' …
Read More »The new ASUS H370 Mining Master Motherboard supports up to 20 GPUs
Whilst GPU prices may be steadily falling, mining is still big business for hardware companies, and ASUS is looking to capitalise on that with the Mining Master. A motherboard geared towards miners that can support up to a whopping 20 GPUs. The Mining Master is an ATX board that uses …
Read More »Google axes all cryptocurrency mining extensions from Chrome
Since the cryptocurrency boom in popularity, scammers have taken the opportunity to exploit newcomers and enthusiasts with all manners of illicit mining. Following on from its ban on cryptocurrency advertisements last month, Google is now taking a stand by blocking any Chrome extension that can mine cryptocurrency from entering the …
Read More »Nvidia is still struggling to meet GPU demand
Over the course of the cryptocurrency boom, graphics card makers have pledged to try and aid gamers in the GPU shortage through various means. Nvidia has managed to make some effort towards this, replenishing some of its stock in the UK but it seems that the green team is still …
Read More »Google will be banning cryptocurrency ads from June onwards
Following in the footsteps of both Facebook and Twitter, soon Google will begin banning cryptocurrency adverts on its platforms. Various coin exchanges, ICOs and other ventures will lose access to Google's AdSense platform starting in June. In January, Facebook announced that it would be cracking down on cryptocurrency related advertisements …
Read More »Twitter to follow Facebook’s lead and clamp down on cryptocurrency
Earlier this year, Facebook went on a crusade against cryptocurrency scams, banning advertisements left, right and centre. Twitter now looks to be doing the same thing, cracking down on scam accounts, however it seems legitimate crypto enthusiasts have been caught in the crossfire. As it stands, Twitter has left alone …
Read More »Thieves in Iceland stole $2 million worth of PC hardware to mine cryptocurrency
Following on from the massive cryptocurrency boom in December last year, we have seen plenty of people trying to take advantage of it. Here in the UK we saw government websites hacked to mine, in Russia, nuclear scientists attempted to leverage government owned super computers for profit, and there have …
Read More »Cryptocurrencies have directly caused deaths, according to Bill Gates
Microsoft founder Bill Gates has opened up regarding his feelings towards cryptocurrency, and it seems the entrepreneur isn’t a fan. In one of his more extreme examples of why he has a distaste for the online currency, Gates stated that it is “a rare technology that has caused deaths in …
Read More »Cryptocurrency miners spent $776 million on 3 million graphics cards throughout 2017
It seems that AMD has benefitted quite a bit from cryptocurrency mining, which saw 3 million graphics cards worth around $776 million sold throughout 2017.
Read More »Hackers cryptojack Tesla after it leaves AWS account unsecured
The rise in popularity of cryptocurrency alongside its tendency to approach extremely high value has prompted an increase in hacker-based crimes. Just last week, over 4,000 UK government websites were breached in order to force them into mining cryptocurrency and now it seems Tesla is the latest victim as its …
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