Cryptocurrency miners are individuals or organizations who use powerful computers to solve complex mathematical problems in order to validate and process transactions on a cryptocurrency network. In return for their effort, miners are rewarded with newly created or "mined" units of the cryptocurrency.
Full definition
The latest dive in virtual currencies has pretty much impacted investors across the board, but it may also be significantly influencing what's going on behind the scenes
for cryptocurrency miners.
The current state of the graphics card market, which is under pressure because of such heavy demand
from cryptocurrency miners, is keeping the overall cost of high - end VR so high.
By limiting the number of cards per order to two or three, the manufacturer hopes to discourage
cryptocurrency miners who buy in bulk, and have as many as possible reach gamers.
This isn't the first
time cryptocurrency miners have been accused of illegally using subsidized electricity in public or office areas in the country.
The company focuses primarily on artificial intelligence, machine learning, and gaming — but a surprise source of booming demand has also come
via cryptocurrency miners.
A free - to - use script that helps website owners show EU cookie consent popups is dropping an in - browser
cryptocurrency miner on websites that use it.
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As cryptocurrency miners seek more computing power to handle increasingly difficult computations, many are turning to renewable energy to help reduce the environmental and economic costs associated with the business.
The Financial Times» Alphaville blog recently singled out shares of the chip maker Nvidia, whose products are hugely popular
with cryptocurrency miners, as a potential proxy for those looking to short bitcoin.
on a bitcoin entrepreneur, Mr. Bertrand, telling the local media that Canada was attracting
cryptocurrency miners because of the abundance of hydropower in the province.
Mining Hydro - Quebec, the largest state - owned utility in Canada, appears unable to meet the electricity demand from
cryptocurrency miners seeking to establish operations in the energy - rich province.
This is because Monero is still pretty easy to mine and has spawned two of today's most widespread malware trends — the deployment of Monero - mining malware on servers and desktop computers; and the deployment of cryptojacking scripts (in -
browser cryptocurrency miners) on hacked websites.
Shares in the intellectual property licensing and management company have zoomed after announcing a deal to
buy cryptocurrencies miner Global Bit Ventures Inc..
There have been rumors that the increase in demand from northern Kosovo was caused by
cryptocurrency miners moving into the area to take advantage of the free electricity.
Recently, internet domain provider Cloudflare suspended websites that ran
hidden cryptocurrency miners, including that of the operator of torrent site ProxyBunker.
«The technique of
delivering cryptocurrency miners through malware has been used for several years, but it is likely in 2018 - 19 that one of the main threats will be a newer technique of mining cryptocurrency which exploits visitors to a website.»
Previously, Google
allowed cryptocurrency miners in the Chrome Web Store as long as this was their sole purpose and they specifically informed users about it, but the rise of malicious add - ons that did nothing else than to eat CPU resources in order to run mining scripts in the background made the search giant change its mind.
While Russian Ministry of Finance proposes to
license cryptocurrency miners and tax mining income, the Central Bank of Russia calls for a nationwide ban on cryptocurrency exchanges, Russian President Vladmir Putin supports cryptocurrencies.
This month, China - based
cryptocurrency miner Bitmain, designer of the ASIC chip, unveiled a new digital currency mining system for ethereum, which some analysts predict could hurt demand for graphics cards like the ones Nvidia and similar companies produce.
Access to cheap energy is crucial because
cryptocurrency miners around the world are competing to solve the equations that feed into the blockchain, the digital record that supports the currency.
Delivering
cryptocurrency miners through malware is a known fact, but mining cryptocurrency when accessing a webpage is new and has led to the attackers abusing for personal gains.
Youtube's ad campaign program unknowingly allows attackers to mine digital currency by allowing them to serve ads with CPU -
draining cryptocurrency miners.
It may be hard to find, due to its demand
among cryptocurrency miners, but the AMD Radeon RX Vega 64 has the brute computing power to handle physics - heavy VR gaming.
PLATTSBURGH Just hours after the PSC announced it would allow local authorities to charge
cryptocurrency miners more for electricity, Plattsburgh Mayor Colin Read warned that the decision doesn't mark the end of the city's energy concerns.
Phrases with «cryptocurrency miners»