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Monero Volunteers Fight Back Against PC Mining Hijackers

The Monero (XMR) community has launched the Malware Response Workgroup website that aims to inform people about the dangers of cryptocurrency mining malware, as well as, best practices to remove such scripts and avoid the growing scam in the first place. The group of volunteers will publish information that will help users avoid crypto-jacking, as well as, provide live support. "We will not be able to eliminate malicious mining, but we hope to provide necessary education for people to better understand Monero, what mining is, and how to remove malware," according to Sept. 26 blog by Justin Ehrenhofer. Mining malware...

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Decred Mining See’s Huge Boost With New Bitmain ASIC Mining Rig

Bitmain have announced the release of a new mining rig, specifically designed for the mining of Decred. Named the Antminer D3, the new rig will mine Decred at 7.8 TH/s. The mining economy is sat within a spot of difficulty at the moment. With profitability down (in the mining of Bitcoin specifically), mining equipment sales have diminished. This latest Antminer release is set out to break through these problems and provide a new, super efficient alternative to mining Decred, an altcoin alternative which is heavily supported within South Korea. A benefit to this is that an improvement to Decred mining...

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Bitcoin Hits $24000 In Iran As Government Recognises Crypto Mining As An Industry

Recently, Iran have announced that they will start to recognise cryptocurrency mining as an industry. This comes after an increased pressure on the country by the United States changing the economic sanctions. Along with this news comes the price of Bitcoin on the Iranian exchanges. He Price of Bitcoin in Iran is around $24000 at the time of writing. The exchange platform in Iran, Exir has reported that a price of 1,020,000,000 IRR for just one Bitcoin. This brings the value of Bitcoin above the previous all-time record of $20,000 in Iran. The Central Bank of Iran is ready to...

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Interested In Cloud Mining? Here Are The Top Providers Of 2018

Cloud mining is the easiest way for newbies to get into cryptocurrency mining, without having to purchase any of the expensive equipment or deal with the high associated costs, from the likes of energy bills etc. As you know, mining profitability for the likes of Bitcoin is down at the moment, through with this in mind, it’s still clear the cloud mining is a services that is very much sought after. Tech Radar have carried out some extensive research that discusses the top cloud mining providers of this year, Tech Radar state: “We explore five of the most reputable cloud...

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Mines Now Being Used To Mine… Bitcoin

A decommissioned mine in the Norwegian Fjords is alleged to have been converted into a data centre, designed to mine Bitcoin in an efficient and sustainable manner. It’s not the first time an old mine has been re-designed as a Bitcoin mine, there’s a very good reason for that too, old mines allow for the perfect environment for cryptocurrency mining. According to Coinjournal: “Frankfurt-based Northern Bitcoin is the company behind the Lefdal Mine in Norway that is challenging the status quo of Bitcoin mining and redefining it. Founded in 2015, Northern Bitcoin is making sustainable infrastructure available to Bitcoin and...

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