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Recent Drupal Exploit Is Being Used to Illegally Mine Cryptocurrencies
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Recent Drupal Exploit Is Being Used to Illegally Mine Cryptocurrencies

Cybercriminals often target known and unknown exploits found in operating systems and web architectures. Evidently, someone took advantage of a recent Drupal exploit to mine cryptocurrencies in an illegal manner. Although the exploit was patched in late March,...
Bitfarms and BML Merge to Create World’s Largest Bitcoin Mining Farm
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Bitfarms and BML Merge to Create World’s Largest Bitcoin Mining Farm

A lot of things are happening behind the scenes of the Bitcoin mining industry. Canada has quickly become a prominent country when it comes to cryptocurrency mining. Local firm Bitfarms has struck a key partnership with Israeli firm Blockchain Mining L...
Bitcoin Miner Injured in Shooting Blames China Crypto Ban
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Bitcoin Miner Injured in Shooting Blames China Crypto Ban

A Taiwanese Bitcoin Miner nearly paid for his life after being shot at by gangsters for allegedly reneging on a mining deal by not providing payment. The victim went on to blame China and their strict anti-cryptocurrency regime for the lack of available fu...
Crypto Investor Ian Balina Hacked for Millions in Ether During Livestream
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Crypto Investor Ian Balina Hacked for Millions in Ether During Livestream

Notable cryptocurrency investor and Youtube influencer Ian Balina ended a livestreamed ICO review last night when he realized he was being hacked. Balina seemed to realize something was amiss when he was required to sign back into Google to save changes to the...
Pipe Dream: Analysts Mull Natural Gas-Powered Bitcoin Mining Operation
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Pipe Dream: Analysts Mull Natural Gas-Powered Bitcoin Mining Operation

A group of Wall Street analysts has a unique idea to allow shale producers in Texa’s oil-rich Permian Basin to profit from the massive amount of natural gas that is currently being wasted as a result of shale extraction: harness it to power a Bitcoin mining op...
Commercial Cryptocurrency Mining Could Push Bitcoin Towards a 51 Percent Attack
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Commercial Cryptocurrency Mining Could Push Bitcoin Towards a 51 Percent Attack

It is common knowledge that mining is becoming less profitable for smaller operations. Miners that have set up small to medium scale mining infrastructure are quickly finding out the infeasibility of their operation due to electricity costs and a declining mar...
China’s Bitmain Gets Approval for US Bitcoin Mining Operation
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China’s Bitmain Gets Approval for US Bitcoin Mining Operation

Bitmain, Chinese cryptocurrency mining company, has been given a green light to set up a blockchain facility in Western Walla Walla County, a county in the U.S. state of Washington. Local newspaper Union-Bulletin wrote that the decision was in complete agreeme...
Bitcoin Mining Pressures Hardware Prices
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Bitcoin Mining Pressures Hardware Prices

Demand for computer components has skyrocketed with the surge of cryptocurrency mining, with prices more than doubling the past 12 months in some cases as suppliers are struggling to build enough capacity to meet the needs of the emerging market. Prices of ...
Workers Are Stealing Their Employers’ Power to Mine Bitcoin
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Workers Are Stealing Their Employers’ Power to Mine Bitcoin

Some reports claim that employers steal $15 billion from their employees annually by refusing to pay overtime or misclassifying workers. Now, employees are turning the tables and stealing their employers’ computing power to mine bitcoin. WHAT’S YOURS ...
Bitcoin Mining Operation Allegedly Causes Power Outage in Orenburg, Russia
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Bitcoin Mining Operation Allegedly Causes Power Outage in Orenburg, Russia

Russia has always been an interesting country when it comes to cryptocurrency. Government officials remain on the fence about whether or not to allow this industry to thrive. The Russian Interior Ministry has suddenly decided to halt several Bitcoin mining ope...