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Monero’s Anti-ASIC Policy is Also Harming Botnet-Based Miners

On the most recent episode of Monero Talk, host Douglas Tuman spoke with King’s College London Assistant Professor Guillermo Suarez-Tangil about a research paper (PDF) he co-authored with the University Carlos III of Madrid’s Sergio Pastrana about the degree to which malware is involved in the crypto asset mining ecosystem. Their paper estimates that at least 4.32% of all Monero in circulation has been mined through the use of malware. During the interview, the discussion turned to the reasoning behind criminal hackers’ decision to mine Monero over other crypto assets. While Monero’s ASIC-resistance and privacy features are noted by Suarez-Tangil...

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Monero Isn’t Coming To Fortnite Just Yet

Currently one of the biggest games in the world, Fortnite has taken gamers everywhere by storm after this free to play game hit mainstream appeal for its battle royale mode as well as quirky game style. Previously, reports came out saying that the video game was accepting the cryptocurrency Monero for purchases of Fortnites merchandise but they have been shot down recently by the CEO of Epic Games Tim Sweeney. For those that don’t know, Epic Games is the development company behind the popular video game. After the official Twitter account for the game tweeted that you can buy your...

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90% Of Monero Mined

It is estimated that by the middle of 2022 there will be over 18.4 million Monero XMR coins in circulation but it’s recently come to knowledge that over 90 percent of XMR has already been mined. According to data from MoneroBlocks.info, a Monero blockchain explorer, the privacy enabled cryptocurrency has emitted near to the 16.6 million XMR. As the emission forms in balance with the overall supply, the Monero project will switch to a new supply program which has been called tail emission. Monero has made announcements in the past which suggest that miners will have a continuous mining reward...

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Monero Mining Helping Bail Out Refugees In U.S.

Reports came out earlier this week that Bail Bloc would be focusing their Monero mining contributions to bail out migrants in ICE detention facilities. The “cryptocurrency scheme against bail” is teaming up with the Immigrant Bail Fund to help over 40,000 people finance their payment. Bail Bloc, is an app developed by The New Inquiry which launched at the end of last year and had a small percentage of the operating device dedicated to computing power to mine cryptocurrency. After there was a huge flood of economic refugees running away from their homes in South and Central America, the President...

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Is Monero XMR Really The ‘Sleeping Giant’ Of Cryptocurrency

Monero Outreach, a branch of the Monero community had published an article on their website monerooutreach.org, last month which discusses why they believe Monero XMR is the sleeping giant of cryptocurrency and that one day, even Bitcoin will sit in the shadow of XMR. This week, the article started getting traction within the mainstream cryptocurrency news outlets, so, we want to explore exactly what the team have said in order to understand if Monero will one day become the world's biggest cryptocurrency. Before we continue, please do remember that we are not investment advisers and that this is not investment...

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