Mining

MrBitcoin March 4, 2018

A study by Yandex, a multinational corporation for Internet services, showed that Kazakhstanis have been searching for a variety cryptocurrency-related terms in frequency and amount several times higher this year as compared to 2017, local news outlet zakon.kz reported March 2. The study shows that the increase in interest began in June of last year […]

MrBitcoin February 12, 2018

New cryptocurrency mining malware exploiting software for blind and partially-sighted people has infected “thousands” of website including the UK Government, the Guardian reports Sunday, Feb. 11. As various media outlets report Monday, malicious script was injected into BrowseAloud, a plugin which assists those with reduced sight in accessing online content. Visitors to sites involved see […]

MrBitcoin January 28, 2018

Hydro-Quebéc (HQ) is a public utility that manages the generation, transmission and distribution of electricity in Quebec, Canada, but it finds itself in a position of generating more power than its customers need. In an article from Le Journal de Québec, Éric Martel, president and CEO of HQ, relates how HQ is facing a death […]

MrBitcoin January 24, 2018

Multiple major entities around the globe show an interest in Bitcoin mining. That in itself is pretty interesting to keep an eye on. When players like Atlas Cloud Enterprises decide to get involved, things can change very quickly. The company has acquired a total of 1,000 Bitcoin miners. All of these devices are based on […]

MrBitcoin January 22, 2018

Ashour Iesho · January 21, 2018 · 9:30 pm California-based technology company NVIDIA has asked retailers of its graphics cards to prioritize sales to gamers over cryptocurrency miners. The Rush for Graphics Cards Despite the cryptocurrency market’s recent drop, cryptocurrency miners are still able to produce a sizeable profit. In 2017 the global cryptocurrency market […]

MrBitcoin January 10, 2018

Nikita Blows · January 10, 2018 · 8:00 am A security firm has found evidence that North Korea may be using mining software to obtain Monero and transfer it to a Pyongyang university. Running a regime while sidestepping pesky sanctions is an expensive endeavor and one that North Korea seems to have plenty of experience […]

MrBitcoin January 6, 2018

A former iced tea and lemonade manufacturing company, Long Island Iced Tea, is investing in Bitcoin mining machinery. This move comes after the company watched its stock price jump 500% following a name change to Long Blockchain. The company made the name change two weeks ago, capitalizing on the Blockchain euphoria sweeping the globe. The company […]

MrBitcoin November 27, 2017

Ashour Iesho · November 27, 2017 · 12:30 pm Over the past few years, Bitcoin’s difficulty and hash rates have steadily risen exponentially. So too has the electricity consumption of Bitcoin miners has risen as well, which is causing some concern among experts. Rising Demand for Electricity Bitcoin’s price is not the only thing that has been rising […]