Sentences with phrase «on cryptocurrency mining make»

China's Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy - rich Canadian province an attractive alternative.

Not exact matches

Then it called on local exchanges to stop trading in cryptocurrencies and outlined proposals to discourage bitcoin mining — the energy - intensive computing process that makes transactions with the digital currency possible.

The data center will have the flexibility to switch between cryptocurrencies to focus computing resources on the most profitable cryptocoins, making it capable of mining numerous cryptocurrencies.

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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.

«In recent months, CrowdStrike has noticed an uptick in cyberattacks focused on cryptocurrency - mining malware that takes advantage of available CPU cycles, without authorization, to make money,» the firm wrote, noting that it «expects to see much more» of this activity moving through 2018.

Further, anyone who mines cryptocurrencies will have to pay taxes on the money they make as well.

A post on Google's Chromium blog today makes it clear: The search giant won't allow any new cryptocurrency mining extensions on its browser's web store, and those already on it will soon get the boot.

The company is the first mining entity to focus on Dash, a cryptocurrency that allows users to make instant, private payments online or in store using a secure open - source platform hosted by thousands of users around the world.

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.

The TSSB details that the firm's website and promotions have allegedly been making deceptive and misleading statements when soliciting Texas residents - promising 20 to 100 percent returns on investments within one to three months through the firm's cryptocurrency mining and trading services.

While Nvidia officials have declined to comment on rumors that the famous graphics cards manufacturer is developing GPUs that are specifically made for cryptocurrency mining, Huang recently hinted to analysts that the company offers coin miners «a special coin - mining SKU [that is] optimized for mining.»

The main goal of Litecoin Cash is to enable miners to make efficient use of their SH -256-design hardware, as they can use it on mining multiple cryptocurrencies.

Blockchain enthusiasts are cashing in on the cryptocurrency gold rush by making their own hardware rigs for mining tokens like zcash and ether on the Ethereum network.

The decision was made at the same meeting which Neowin reported about earlier in the week; the ban on the mining of other cryptocurrencies is a new detail that has since emerged.

Unlike fiat currencies, which are made on government printing presses, Bitcoins and other cryptocurrencies are mined, but the process is an entirely different kind of mining.

This all makes Ethereum potentially one of the best investment opportunities in the cryptocurrency market, with huge growth on the horizon if this mining process switch is implemented correctly.

MGT Capital, the John McAfee led technology and bitcoin mining company, who in the past year has made a big push towards growing its Washington State data center has today provided a clearer update for stockholders on the recent transactions of the company with clear metrics regarding the present status of its cryptocurrency business.

To make matters worse, these malicious cryptocurrency mining programs are sometimes accompanied by adverts for fake antivirus programs that install much more malware on people's computers.

On the other hand, digital currencies are not forbidden, which (together with low mining costs) has made China one of the largest cryptocurrency markets in the world and home for some of the most popular cryptocurrency exchanges, including BTCC and Huobi.

China makes a similar move, cracking down on cryptocurrencies by banning the mining of the most popular ones within China, citing energy waste and environmental concerns, but likewise fearing the risk of Bitcoin as a vehicle for capital flight.

Microsoft Windows servers around the globe are playing host to a mining botnet known as Smominru Monero, which may have made as much as US$ 3.6 million for its operators based on the current value of the monero cryptocurrency.