Items tagged with cryptocurrency

It seems that everyone and their uncle is mining cryptocurrency these days. That is a topic in and of itself, but what's disturbing is even if you are not knowingly mining virtual coins, you might still be mining...for someone else. Crypto-jacking has emerged as a form of malware, whereby a website or app sneakily... Read more...
Everyone is looking to make a buck with cryptocurrency these days, and unfortunately it has gotten to the point where even unrelated apps and websites are prone to using your device's resources for mining, often without the user's consent. It has been a problem for Google Play, and now also the Mac App Store. It's... Read more...
There are plenty of uncertainties and grey areas currently lurking around the cryptocurrency market. From wild fluctuations in valuations, to cryptocurrencies like Bitcoin being used on the black market, to government institutions that are looking to get in on a piece of the action, we're still in the "Wild Wild West"... Read more...
Jon Peddie Research (JPR) has released its shipment numbers for GPUs during the fourth quarter of 2017, and there's some mixed news to report. Looking at quarterly performance, AMD was the big winner with an 8 percent quarter-over-quarter increase in GPU shipments during Q4. AMD was able to nab market share from both... Read more...
Apple Co-Founder Steve Wozniak recently revealed that he had seven bitcoins stolen from him in an old school scam that has been around as long as credit cards. Those coins are now valued at roughly $70,000 and change. He wasn't duped by one of the many cryptocurrency scams out there, like those that pretend to be from... Read more...
It's a terrible time right now for gamers and DIY PC enthusiasts who are looking to build up a new gaming PC. The problem isn’t that the hardware available now is sub-par; we have some fantastic CPUs and GPUs on the market. Unfortunately, as it has been widely reported, the problem is that cryptocurrency miners are... Read more...
Last November a hacker going by the name "DevOps199" found and exploited a flaw in the code for a subset of Ethereum wallets. That user was able to exploit teh vulnerability and take ownership of an Ethereum code library known as a smart contact. Once the hacker owned that smart contract, it was destroyed leaving... Read more...
It looks as though few people (or companies) are truly safe from cryptocurrency miners. Hackers have attempted various avenues to mine for Monero, with the latest crop of evildoers targeting Tesla's Kubernetes console, which unfortunately was not password protected. Once the Kubernetes console was compromised, the intruders were able to obtain Read more...
Bitcoin is on the upward swing of its current rollercoaster ride, rebounding above $11,000 -- a price that it hasn't seen since January. After soaring to nearly $20,000 in December, the cryptocurrency has crashed hard in the past two months. At one point earlier this month, Bitcoin was trading below $7,000. However... Read more...
Atari has just announced something that will surprise all the gamers out there who grew up on its consoles and games. The company made a big unveil today and while it's not a new console or game, Atari will actually be minting its own new type of cryptocurrency. The new altcoin type will be called "Atari Token" and... Read more...
The effect that cryptocurrency mining has had on the graphics card market has been so extreme, very few people could have predicted it. GPUs that were as easy to purchase as a gallon of milk became as hard to find as the hottest deal at Best Buy on Black Friday. In addition to the rarity, inflated pricing has been... Read more...
NVIDIA's Pascal architecture has been underpinning its GeForce series of gaming GPUs for nearly the past two years – it’s high time for an upgrade. We've heard rumors of a GA104 GPU called Ampere that is supposed to underpin a new GeForce GTX 2000 series of graphics cards. But there's another wrinkle in speculation... Read more...
Everyone seems to be trying to strike it rich with cryptocurrency, so it's no surprise that "drive-by cryptomining" has become a thing. If you're not aware, drive-by cryptomining is when a site injects a device with JavaScript code for the purposes of mining cryptocurrency, usually Monero (Coinhive launched a service... Read more...
In the span of a few short years, cryptocurrency mining went from being virtually unknown to making making waves in the tech community. While mining may not have caught on with mainstream audiences yet, the entire market has been affected by the new-age gold digging. GPU prices are particularly affected, with many... Read more...
If you're well-seasoned internet user, surely you have seen scams over the years that revolved around a Nigerian prince who needs your help to move money out of the country. We all know that it is a scam, yet for a long time, people have fallen for it. That Nigerian Prince scam is now back and has a new twist while... Read more...
When AMD announced its earnings last week, the company made it a point to indicate that it would boost capacity in order to address the GPU supply strain caused by booming cryptocurrency mining demand. Yesterday, it was NVIDIA's turn to release earnings -- which it knocked out of the park, by the way -- and it too is... Read more...
It looks as though it isn't just the Dow Jones that is having a crappy day in the financial world. Bitcoin, which was trading at close to $20,000 in late 2017, has come crashing down to earth in the past few weeks. Just last week, there panic coursed through the market which caused the cryptocurrency to drop below... Read more...
The effect cryptocurrency mining has had on the PC gaming industry, specifically the now sky-high cost of graphics cards, is profound. However, someday mining algorithms may change enough such that GPUs aren't the only non-specialized compute engines capable of processing cryptocurreny hash algorithms effectively, or... Read more...
With Monero being relatively easy to mine compared to other cryptocurrencies, legitimate users and a bunch of nefarious users are working hard to mine the valuable digital currency. The value of Monero means that some of those nefarious users are rolling out massive botnets to shackle PCs into working for... Read more...
Back in mid-December, Bitcoin peaked with a value of over $19,000 per coin. Then just a few days later, it dropped to below $14,000. After that it went back up a little bit, then fell to below $13,000 by the end of the month. In the first week of January, Bitcoin's value was back up to over $17,000. It has been... Read more...
If you need any more evidence that cryptocurrency mining is hitting primetime, look no further than this latest report that Samsung is looking into get in on the action. Samsung is reportedly producing application-specific integrated circuits (ASICs) for Chinese customers that will be use for Bitcoin mining. The... Read more...
Investors do not seem quite sure how to react to AMD's fourth quarter and full year financial results for 2017. In after hours trading, AMD's share price fell 5 percent to $12.25, following the Sunnyvale chip designer announcing fourth quarter net income of $61 million, or 6 cents per share, versus a loss of $51... Read more...
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