Sentences with phrase «as cryptocurrency mining operations»

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This has led to a phenomenon known as cryptojacking, where people's computers are hijacked to contribute to the attacker's cryptocurrency mining operation, without their knowledge.
Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of computers.
China was said to be a dwelling to most of cryptocurrency mining operations before Beijing started discouraging it in 2017 as part of a huge crackdown on Bitcoin and other cryptocurrencies though it is still unclear how much of mining activity has moved offshore or been closed down.
As part of the decree, cryptocurrency mining and other related operations are not considered entrepreneurial activities, which means that anyone is free to take part in transactions and exchanges.
The company began as a bitcoin mining operation before pivoting to an alternative to email that awards cryptocurrency to prominent people who reply to unsolicited messages.
HashChain is distinguished as the first publicly traded Canadian cryptocurrency mining company to support a highly scalable, diverse and flexible mining operation.
Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.
«Other cryptocurrencies, such as Monero, have far surpassed Bitcoin in terms of privacy and anonymity of transactions, which is an important consideration for cyber criminals exploiting devices for cryptocurrency mining operations,» said Goody.
It wouldn't be surprising to see more big mining operations pop up in the country as demand for cryptocurrency grows — which inevitably puts more strain on the network.
The entire operation runs on electricity produced with coal, as do a growing number of cryptocurrency «mines» popping up in China.
The Presidental Decree that became effective as of March 28, 2018, legalized all crypto - related business in the country, including, ICOs, mining and cryptocurrency exchange operations.
There are massive mining operations around the world and they are bound to be more popping up in the next few years as Bitcoin and other cryptocurrencies continue their path into mainstream acceptance.
The bill seeks to amend the tax code of Ukraine to exempt the profits from the purchase and sale of cryptocurrencies and their derivatives as well as revenues from cryptocurrency operations and from mining.
In the same way that traditional mining expands, and is able to spend more on its infrastructure when the price is high, cryptocurrency start - ups are realizing that while the profit remains as high as it does at the moment, there is a cushion which provides them with the flexibility to move their operations and remain profitable.
In order to create an effective mechanism for stimulating the market of cryptocurrency in Ukraine, the logical step is the exemption from taxation of profits of enterprises... Income from cryptocurrency operations should not be included in the calculation of the total monthly (annually) taxable income, and transactions with cryptocurrency and mining crypto goods are classified as transactions that are not subject to taxation.
Having successfully launched a Bitcoin exchange earlier this year, GMO is looking to dive into the deep end of the cryptocurrency world and will start a mining operation in 2018 as well.
As Bloomberg noted, until early 2017 China was the biggest market for bitcoin trading on exchanges, and some of the largest cryptocurrency mining operations on the planet are located there.
As the bitcoin community saw with the rise of cryptocurrency mining, in which at - home mining via PCs was quickly outpaced by industrial operations, profits attract corporate interests.
bleepingcomputer.com - Three in - browser cryptocurrency mining scripts ranked first, second, and fourth in Check Point's most active malware top ten, outranking classic high - output malware distribution infrastructures such as spam botnets, malvertising, and exploit kit operations.
Three in - browser cryptocurrency mining scripts ranked first, second, and fourth in Check Point's most active malware top ten, outranking classic high - output malware distribution infrastructures such as spam botnets, malvertising, and exploit kit operations.
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