Tag Archives: Mining

Mining as a service with the launch of MinedBlock

Mining evolves as a service with the aid of MinedBlock

Mining is a fundamental part of the blockchain for any crypto whether PoW or PoS, even other more recent algorithms such as PoE or PoP; some tokens starts pre-mined at 50% or even 100% of the available supply. However, most work running on blockchains with some of the existing mining algorithms; as is the case with Ethereum. The miners who support the network as the basis of the decentralization model become centralized as the increasing cost of start to operate. Continue reading Mining as a service with the launch of MinedBlock

Brazilian Police Accidentally Discover Money Laundering Bitcoin Mining Farm

A report published in local Brazilian news outlet Zero Hora has revealed that Brazilian police have made an arrest in connection with a suspected crypto money laundering scheme. Continue reading Brazilian Police Accidentally Discover Money Laundering Bitcoin Mining Farm

Research Warns ‘Familiar’ Monero Mining Malware Is Infecting Windows Systems

A new hacking tool is propagating throughout the online community in an attempt to install cryptocurrency mining malware, researchers at security intelligence firm Trend Micro confirmed in a blog post on Feb. 20. Continue reading Research Warns ‘Familiar’ Monero Mining Malware Is Infecting Windows Systems

Ethereum (ETH) Network Sees Transactions with Exorbitant Mining Fees

Ethereum (ETH) has again shown transaction fees that far exceed the block rewards. Etherscan revealed several such instances, in one case the amount reaching 2,100 ETH. Other transactions saw fees of 420 ETH and 210 ETH. Continue reading Ethereum (ETH) Network Sees Transactions with Exorbitant Mining Fees