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Congressman says Americans should be banned from mining, using cryptocurrency

Congressman says Americans should be banned from mining, using cryptocurrency Congressman Brad Sherman believes the government should prohibit U.S. citizens from mining and using cryptocurrency. As a medium of exchange, cryptocurrencies facilitate narcotics trafficking, terrorism, and tax evasion. The post Congressman says Americans should be banned from mining, using cryptocurrency …

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Lack of Cryptocurrency Miner Demand May Cause Deep GPU Discounts

Lack of Cryptocurrency Miner Demand May Cause Deep GPU Discounts Unnamed sources close to Taiwan-based graphics card manufacturers such as Gigabyte and MSI claim these companies will be forced to slash prices due to a dramatic 40 percent drop in month-on-month shipments starting in April. The plunge stems from a …

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Hackers Retooled Ransomware to Carry a Cryptocurrency-Mining Payload

Hackers Retooled Ransomware to Carry a Cryptocurrency-Mining Payload Trend Micro recently discovered that hackers repurposed the XiaoBa ransomware to carry a cryptocurrency miner payload. Typically, XiaoBa infects a PC, encrypts its files, and holds those files hostage until the victim delivers a payment to hackers. But in this case, the new …

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Google plans to ban cryptocurrency mining extensions from the Chrome Web Store

Google is cracking down on Chrome extensions with a cryptocurrency mining component, blocking new submissions starting now and de-listing current extensions by the end of June. Why? Blame the malicious developers. The post Google plans to ban cryptocurrency mining extensions from the Chrome Web Store appeared first on Digital Trends.

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Digital coin miners purchased more than 3 million graphics cards in 2017

A recent report published by Jon Peddle Research claims that digital coin miners purchased more than 3 million graphics cards in 2017, totaling around $776 million. The demand from miners is expected to drop during 2018. The post Digital coin miners purchased more than 3 million graphics cards in 2017 …

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Nvidia may reveal dedicated ‘Turing’ cryptocurrency mining cards in March

Reuters reports that Nvidia will reveal gaming-class graphics cards code-named Turing at GTC 2018 next month. But that name is likely what Nvidia will use for its dedicated cryptocurrency mining cards slated for a March reveal, too The post Nvidia may reveal dedicated ‘Turing’ cryptocurrency mining cards in March appeared …

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