Items tagged with cryptocurrency
Is cryptocurrency a capitalistic scam, only benefitting the wealthy? That is what Jackson Palmer, co-founder of Dogecoin, seems to think after reemerging on Twitter to explain his take on the current state of crypto.
On July 14th, Palmer addressed the frequent question of whether he will return to cryptocurrency...
Read more...
As Bitcoin prices skyrocketed earlier this year, all cryptocurrencies were under the microscope by people around the globe. Specifically, energy-consumption concerns arose as miners built out massive mining operations to execute the “proof-of-work” system that makes cryptocurrencies like Bitcoin tick. However, none of...
Read more...
Though cryptocurrency has drawn some ire worldwide, there is some serious market potential, and it would be foolish for tech companies to ignore potential financial gains. Take, for example, a cryptocurrency called Chia, which utilizes unused storage as part of a proof of space and time blockchain. The faster, the...
Read more...
It appears that illegal electricity theft and cryptocurrency mining go hand in hand, as the Ukrainian Security Service (SBU) reported that it has shut down a massive crypto-farm stealing electricity. Comprised of thousands of consoles and hundreds of graphics cards, the farm was seized from an old warehouse...
Read more...
Back in June, China made the decision to crack down on cryptocurrencies such as Bitcoin, leading to tumbling prices and a mass exodus of miners. This is now beginning to have rippling effects beyond cryptocurrency as Chinese miners are beginning to dump GPUs on the secondhand or used marketplace.
On Twitter, a video...
Read more...
The founder of McAfee Antivirus, John McAfee, was found dead this afternoon in a Barcelona prison. McAfee had been held in the Spanish jail since early October 2020 following an indictment filed by the U.S. Securities and Exchange Commission (SEC) for failing to file tax returns and tax evasion. McAfee, who was 75...
Read more...
In May, China began a cryptocurrency crackdown that kicked off a mass exodus of digital miners from the country. Since then, this crackdown has continued and even been reaffirmed as of late with several major mines' shutdown. This has put cryptocurrencies like Bitcoin and Ethereum into a tailspin, and it is hard to...
Read more...
While a push toward privacy is great for the average person, it is also simultaneously great for criminal gangs. Using secure messaging systems, these gangs can secretly communicate plans for drug shipments or killings worldwide. However, if law enforcement is inside these messaging apps, then the criminals can be...
Read more...
Though cryptocurrency mining is becoming less profitable by the day, those who still have the hardware may as well use it. However, it sucks up a lot of energy and dumps a lot of heat, which suspiciously looks like a marijuana grow house, as it turns out.
Earlier this month, police in London were tipped off to a...
Read more...
China is one of the largest cryptocurrency mining countries in the world, in part due to its sheer population, cheap electricity, and easy access to electronics. This year, Bitcoin and other large cryptocurrencies took off alongside new coins like Chia, which saw immense popularity in China. Now, the Chinese...
Read more...
It has been a tumultuous week for cryptocurrencies as many of the major coins have taken a nosedive off a cliff, such as Bitcoin sitting at $34,000 at the time of writing. As this is happening, many crypto exchanges, like Binance and Coinbase, are feeling the pressure and may be struggling for it. Citing issues like...
Read more...
Hey, good news everyone—the GPU shortage is over! Just kidding, you still can't find a graphics card in stock (not from a first-party seller at a fair price, that is). I know, I know, what an insensitive intro, my apologies. However, there is actually some good news, related to GPUs. Ethereum is aiming to become much...
Read more...
Over the past two weeks, Colonial Pipeline has been battling a ransomware attack that crippled fuel flow to the eastern seaboard. This was supposedly not intended to be as catastrophic as it was, but the hacking group behind the attack, DarkSide, has quite a bit of experience in ransomware. The group has reportedly...
Read more...
Ransomware attacks have been on the rise lately, and both organizations and consumers need to protect themselves as best they can before the problem worsens over time. As it turns out, one of the most popular and widespread operating systems, Windows 10, has ransomware protection, and it is super simple to turn on so...
Read more...
Gigabyte yesterday jumped the gun when it comes to its announcement of Lite Hash Rate (LHR) GeForce RTX 3060 graphics cards. While NVIDIA’s beta 466.24 driver released late last month confirmed that new GPU revisions were on the way, there was no mention of the LHR terminology at that time. Today, however, NVIDIA...
Read more...
Gigabyte today made its new Lite Hash Rate (LHR) GeForce RTX 3060 cards official. We've heard about upcoming GPU revisions for the GeForce RTX 30 Series with a second-generation Ethereum limiter onboard, but Gigabyte is among the first to post actual product pages confirming the change.
NVIDIA's GeForce 466.24 driver...
Read more...
Officials from the United States Department of Justice (DoJ) and Internal Revenue Service (IRS) are currently probing Binance, the world's largest cryptocurrency exchange, for illegal activity including money laundering and various tax offenses, according to a report. Details of the investigation are not clear, though...
Read more...
Meme coins have been on the rise, with Dogecoin taking off and other cryptocurrencies attempting to follow suit. This has caused some trouble for the rest of the cryptocurrency world as fees have gone up and the legitimate cryptocurrency market is diluted. Now, one of the cofounders of Ethereum, Vitalik Buterin, has...
Read more...
Graphics cards based on NVIDIA's CMP HX GPUs are finally starting to trickle into the marketplace. So far, we've seen entries from ASUS and Gigabyte. Now, MSI is looking to get in on the action with its CMP 30HX Miner XS.
Based on previous leaks, the CMP 30HX Miner XS features NVIDIA's GeForce GTX 1660 Super GPU. The...
Read more...
It seems as though enthusiasts just can’t catch a break these days. Finding a current-generation (or even previous-generation) GeForce RTX 30 Series or Radeon RX 6000 Series graphics card in stock is near-impossible. And things on the console gaming side aren’t much better, as both the Xbox Series X and PlayStation 5...
Read more...
When it was found that Microsoft Exchange on-premises was vulnerable to hackers, quite a bit of havoc ensued across a wide range of industries. Since then, the FBI obtained a court order to go in and remove backdoors to hacked servers, but there are likely many hacked Exchange servers still out there. In recent days...
Read more...
Elon Musk might not have done Dogecoin any favors when he hosted Saturday Night Live (SNL) over the weekend, but he's still bullish on the hot cryptocurrency. And as it turns out, it's not just Musk that is enamored with Dogecoin; SpaceX customers are also getting in on the action. Geometric Energy Corporation (GEC)...
Read more...
