Mining

Chinese police in Anhui Province have captured over 200 computers used to mine Ethereum and Bitcoin cryptocurrencies after a man tried to defraud the electricity company to escape the bills he used to power his operation, the Xinhua news agency reported on June 22.

Apple has taken a step to disallow people to use their gadgets to carry out cryptocurrencies mining by updating it's developer guidelines to forbid such activities and operations.

A report submitted by the researchers of Palo Alto Networks has shown that over 5% of all Monero digital currency currently in circulation has been mined with the elp of malware. More than 2% of the total hash rate per day is created by the devices infected with cryptocurrency mining hardware.

A new cyber threat on the block that is more slippery than anything we have observed before  has emerged and that's why it's currently the malware of choice for hackers all over the African continent.

According to a report on the Hanoi Times, Vietnam’s Ministry of Finance (MoF) wants to suspend the importation of digital currency mining hardware. The reason for the ban is allegedly a large scam where more than 32,000 investors lost almost $660 million.

HashRental.io receives funds during their ICO from an unnamed Hong Kong-based blockchain investment fund previously purchased crypto mining BTCC Pool.

Genius hackers are hijacking people’s computers to illegally mine crypto assets. There is one malware program that has been recently discovered hiding itself on Amazon’s cloud to exploit the processing power of a large number of ordinary computers.

Casper vs Byzantine fault tolerance (BFT) Based on Proof of Stake.

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