Tag Archives: miners

The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced to switch down their facilities due to deadly blizzards. See related article: British Columbia suspends new electricity connections for crypto miners Fast facts Bitcoin hashrate, the level of computing power used for mining and processing transactions, came in at 155.28 exahashes per second on Saturday, down from 253.88 exahashes on Wednesday, according to data from… Source link

Cryptocurrency miners are using hacked Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant’s cybersecurity team provided details of the security breach in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure. “Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances,” Google wrote in an Source link

Cryptocurrency miners are using compromised Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant’s cybersecurity team provided details in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure. “Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances,” Google wrote in an executive summary of… Source link

Cyberhackers are using compromised cloud accounts to mine cryptocurrency, Google has warned. Details of the mining hack are contained in a report by Google’s cybersecurity action team, which spots hacking threats against its cloud service – a remote storage system where Google stores customers’ data and files off-site – and gives advice on how to tackle them. Other threats identified by the team in its first “threat horizon” report include: Russian state hackers attempting to gain… Source link

The U.S. now leads the world in Bitcoin mining, according to data from the Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks Bitcoin’s energy consumption by geography. According to data added to the index, the United States currently makes up 42.7% of the Bitcoin network’s “hashrate,” a metric unit that measures how much power the Bitcoin network consumes. Up 14%, the growth in America’s hashrate — also known as hashpower — reflects the changing geopolitical… Source link

This week, we continue the conversation about Ethereum miners and how they’re preparing for changes to the reward dynamics of the network. Also, we take a look at what other asset types are popularly used on decentralized finance (DeFi) applications beyond ether (ETH).  Welcome to another edition of Valid Points. This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points… Source link

By Aftab Ahmed and Nupur Anand NEW DELHI/MUMBAI (Reuters) – India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class. The bill, one of the world’s strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets, said the official, who has… Source link