Sentences with phrase «mining cryptocurrencies using»

The report noted that more than 4,000 websites secretly mined a cryptocurrency using a plugin for visually - impaired users.

Barely a week after Pirate Bay's admission of mining cryptocurrency using their visitors» browsers, CBS» ShowTime found itself in the same rocky situation.

On September 27, Nairobi Wire, a famous entertainment blog in Kenya, found itself at the center of attention after it was discovered that they were mining cryptocurrency using their visitor's computers through a program called Coin - Hive.

In case you had no idea, before April Fools Day, Google allowed developers of Chrome browser extensions to mine cryptocurrency using your computer's resources.

Not exact matches

An employee checks power supply units and cooling fans used in cryptocurrency mining machine systems at the SberBit mining «hotel» in Moscow, Russia, on Saturday, Dec. 9, 2017.

• Since bitcoin is the most valuable cryptocurrency at the moment, I chose to use NiceHash instead of mining others like ether.

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.

Tesla's Amazon Web Services (AWS) cloud account was compromised by hackers and used for cryptocurrency mining, RedLock said.

Meanwhile, cryptocurrency mining — the process that uses complex computer chips, hardware and electrical power to make bitcoins — is growing quickly, Morehead said.

Venezuelan president Nicolas Maduro is doubling down on his support for the Petro, encouraging the country's banks to mine and use the recently - launched national cryptocurrency.

Police in the north China city of Tianjin confiscated 600 computers used to mine bitcoin cryptocurrency after the local power grid operator reported abnormal electricity usage, Xinhua reported Wednesday.

In the early days of bitcoin, enthusiasts could use ordinary video graphics cards to profitably process computations needed to mine the cryptocurrency.

It also operates Antpool, a cryptocurrency «mining pool» that generates digital coins using the pooled resources of a number of different miners.

The PSC offered a truly staggering look at the electricity demand that cryptocurrency has created in the region, saying that in some communities cryptocurrency mining requires «thousands of times more electricity than an average residential customer would use» (emphasis PSC).

Crypto jacking is where hackers use a company's data centers to mine bitcoin or another cryptocurrency.

The report summarizes how «middlebox» technology — created by the Canada - based Sandvine Corporation — was used to «deliver nation - state malware in Turkey and indirectly into Syria, and to covertly raise money through affiliate ads and cryptocurrency mining in Egypt.»

Municipal power authorities in upstate New York have received permission to charge certain cryptocurrency mining enterprises higher rates for the use of their electricity than they charge other customers.

Malware authors have used a zero - day vulnerability in the Windows client for the Telegram instant messaging service to infect users with cryptocurrency mining malware, researchers from Kaspersky Lab plan to reveal today.

Furthermore, he said that authorities should work to eventually eliminate cryptocurrency mining in China by instrumentalizing regulations related to electricity prices, land use, taxation, and environmental stewardship toward that end.

Commonly referred to in other cryptocurrencies as mining, the process of digging for DOGE allows you to use your computer's CPU (Central Processing Unit) to do a certain amount of cryptographic work.

For advocates of bitcoin and the other cryptocurrencies surging in value, the gold may be in the shares of the companies that produce the computer processors and chips used to create the digital currencies in the process that's become known as mining.

Cryptocurrency mining describes the use of high - powered computers and servers to solve complex mathematical equations and, in the process, validate transactions on a blockchain network.

Cryptocurrency mining is one of the most commonly used methods of validating transactions that have been executed over a blockchain network.

Though cryptocurrency mining might often be lumped in as one big free - for - all, there are differences in the equipment being used to validate transactions.

Nvidia's fourth quarter report consisted of a revenue beat on strong sales of GPUs to the datacenter end market, the gaming end market, and for use in cryptocurrency mining, McConnell said in a note.

Over the past few months, a roster of apps and websites have been discovered to be draining people's CPUs and electricity as they use intensive resources to run cryptocurrency mining codes.

Security researchers have detected a new wave of cryptocurrency - mining malware infecting servers across the web, and this one is using multiple exploits to gain access to vulnerable and unpatched systems to install a Monero miner.

This same example also applies to other cryptocurrencies that use the PoW mining system.

Cryptocurrency mining operations, illegal or not, are becoming a real problem for the higher education sector, where hackers have found plenty of easy to hack systems, but also where students are using university resources to make an extra profit via deliberate cryptocuCryptocurrency mining operations, illegal or not, are becoming a real problem for the higher education sector, where hackers have found plenty of easy to hack systems, but also where students are using university resources to make an extra profit via deliberate cryptocurrencycryptocurrency mining.

UNICEF Australia is using consent - based cryptocurrency mining to garner funds for noble causes.

To verify transactions, miners use a computer or a group of computers to solve a mathematical puzzle, called a cryptographic function, and they are rewarded with freshly generated cryptocurrency — the reward is what leads to the name mining.

Bitmain has unveiled a new cryptocurrency mining hardware product dedicated to the Equihash algorithm, which is used by the privacy - oriented cryptocurrency...

Logos Fund uses investor funds to invest in the infrastructure and technology behind cryptocurrency mining; warehouses, power sources, and computers.

Bad actors could begin using cryptocurrency mining attacks to generate new Litecoin, which may increase the number of organizations that will be affected by such incidents in the coming years.

Equihash, the Proof - of - Work (PoW) mining algorithm used by Zcash and a variety of other cryptocurrencies, is about to get a lot less equitable.

Many first - time investors use «Google» to make the process of mining this cryptocurrency as easy as possible.

Medicine Hat has signed an agreement to sell electricity and lease land to Hut 8, a company that mines for cryptocurrency using power - hungry computers.

Many cryptocurrencies have now started to make use of power - of - stake (POS) instead of POW for mining purposes.

The Australian department of children's charity Unicef has created a novel way to raise funds using in - browser cryptocurrency mining.

Bitfury Group is a long - term strategic partner delivering Hut8 Mining with portable «containerized» datacenters used exclusively for cryptocurrency mMining with portable «containerized» datacenters used exclusively for cryptocurrency miningmining.

At the time, the site was using the cryptocurrency mining software Claymore to extract ether through visitors» computers.

The problem most people have when attempting to use cryptocurrency, however, is that it currently requires a large amount of technical expertise and money to contribute to mining costs to actually obtain and use, making it prohibitive for the average person.

Charitable organisation UNICEF is using Coinhive to give donators a chance to support refugees by mining cryptocurrency.

Together, such use cases could do an excellent job of democratizing mining by taking electricity costs out of the equation, allowing anyone anywhere to mine and earn cryptocurrency.

Cryptocurrencies are virtual «coins» that are «mined» by computers using complex algorithms.

More than half of organizations around the world were struck by threat actors using cryptocurrency mining tools to steal corporate computing resources last month, a trend that will likely continue in 2018, according to recent research.

Cryptocurrency mining attracted lots of public discussion last year, much of which revolved around environmental concerns over the rising amounts of electricity used by mining farms.

One would think that a guy in IT would be aware of the massive energy consumption used for mining cryptocurrency.

Many investors insincere that the use of Xunlei's cloud acceleration height on mining rigs made it a good suppositional gamble on cryptocurrencies, and the stock surged scarcely 250 % after the announcement.

Using state resources for cryptocurrency mining.