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New Innovations In Bitcoin Mining Malware

Bitcoin mining malware is a big problem. By hijacking the blockchain to illicitly mine Bitcoin, hackers are able to carry out a number of exploits on the blockchain that can in turn damage assets held by investors all over the world. Annoyingly, as the security of the blockchain develops and as we create more innovative ways of protecting the blockchain, hackers also get more clever, as does the malware they produce. According to new research, it seems that the latest fad in malicious crypto mining comes in the form of legitimate windows installation packages, making the malware hard to detect...

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Invemo Aims To Save Crypto Mining Industry

Zug, 30. October 2018: Zug-based crypto mining company Invemo GmbH is set to enable professional miners worldwide to maintain high profitability amidst falling mining rewards. Invemo GmbH is a Zug-based company that enables private individuals as well as companies to join the crypto mining industry in the most professional and cost-effective way. With the recent decline of the mining profitability miners in the whole world and especially in Europe where electricity as well as labor costs are the highest have been struggling to maintain high profitability from their mining equipment. Invemo applies multiple strategies in order to solve this problem....

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Washington Fights Against Crypto Mining

A small town in the capital of the United States called Ephrata is fighting back against the world of cryptocurrencies and has stopped all activity related to it. The council in the town recently voted to halt all-digital currency mining operation in the town for the next year. The choice isn’t as surprising as you think when you look at other communities in the capital of Washington have been making similar ‘progress’. The administrator for the city has said that there are four different digital currency operations inside the area. The decision made by the council isn’t set to affect...

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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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