Mining

Minneapolis-based cybersecurity firm Jamf Threat Labs found a crypto-jacking program well hidden in pirated copies of Apple’s Final Cut Pro. Jamf warns Apple chip speed will make Macs increasingly popular targets for malware attacks. In its report, Jamf said: “During routine monitoring of our threat detections in the wild, we encountered an alert indicating XMRig usage, a command-line crypto-mining tool. While XMRig is commonly used for legitimate purposes, its adaptable,...

The real OGs of Bitcoin came out with a groundbreaking solution in making crypto mining smarter and more sustainable by introducing the world’s very first DeFi Mining AI. After seven years of research and development, Satoshi AI today unveiled J – a revolutionary AI program that will bring a new exciting chapter in the advancement of artificial intelligence technology development. Satoshi AI is the artificial intelligence program initiated by the Satoshi Foundation – a...

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Increasing electricity costs and a decline in digital asset prices coupled with high mining difficulty in the fourth quarter slashed mining profit margins and made it difficult for miners to stay afloat. Chinese crypto mining rig maker – Canaan – reported a mining revenue of $10.5 million in the fourth quarter, representing an increase of 16.3% from the previous quarter. It was also up by a staggering 368.2% compared to the same period in 2021. But the bigger picture tells a...

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Through a series of letters to federal agencies, those in charge in the United States have stated that they believe they have the authority to force crypto mining firms to produce information about how much energy they use and how many greenhouse emissions they create. Are Mining Companies in Trouble? The United States has become something of a “safe haven” for crypto mining companies in recent years after regions like China have imposed bans on mining activities. There...

Riot Blockchain – one of the largest and most recognized crypto mining facilities in the world – reported that January was its best month to date in terms of crypto extraction. The company says it was able to pull as many as 740 BTC units from the blockchain two months ago, the most it’s ever done. Riot Blockchain Saw Its Mining Figures Reach Sky High This is good news in that everything we’ve heard ever since the midway point of 2022 suggests mining has become much...

The Colorado-based bitcoin miner – Riot Blockchain – reported a total revenue of nearly $260 million for 2022, a 22% increase compared to 2021. It mined 5,554 BTC and boosted its hash rate capacity to an all-time high of 9.7 EH/s. The positive results come in spite of the devastating bear market that reigned during the bigger part of the year, and Riot’s shrunk production levels in the summer due to a heat wave.  Against All Odds Riot produced 46% more bitcoin in 2022 than in...

Universal Basic Asset (UBA Finance) has attracted a lot of user attention, so is it worth your time? There are nearly 10,000 people mining online for free every day. How much profit can he bring you? In the cryptocurrency industry, people get rich every day, and people get huge airdrops every day, just because they pay attention to some projects in advance and spend some time understanding and participating in them. Universal Basic Asset (UBA Finance) has recently been...

Coffeezilla – the popular YouTuber and “Internet Detective” covering crypto scams – is now accusing the mixed martial arts legend Khabib Nurmagomedov of “scamming” his followers with NFTs.  The former UFC lightweight champion said his new collection will give fans access his his “private club,” while enabling holders to mine Bitcoin.  Khabib’s NFT Collection Nurmagomedov launched his NFT collection in partnership with GoMining, for whom he became an ambassador in October...