Bitcoin Is Still Unsustainable
While the digital currency has gotten more energy efficient in the last few years, transactions still take thousands of times more electricity than swiping a credit card. Continue reading Bitcoin Is Still Unsustainable
Category Archives: Bitcoin mining
Someone Is Trying to Sneak Bitcoin Mining Code Into Open Source Software
Federal Reserve staffer caught mining bitcoins at work fined $5,000
Staffer bypassed security and installed mining and remote-access software on a Federal Reserve server Continue reading Federal Reserve staffer caught mining bitcoins at work fined $5,000
Unknown Bidder Buys 2,700 Bitcoins (worth $1.6 million) at US Government Auction
A winning anonymous bidder bought 2,700 Bitcoins (worth roughly $1.6 Million) in an auction held by the United States Marshals Service (USMS) on Monday.
The US government announced at the beginning of this month its plans to auction 2,719 Bitcoins tha… Continue reading Unknown Bidder Buys 2,700 Bitcoins (worth $1.6 million) at US Government Auction
Warning — Bitcoin Users Could Be Targeted by State-Sponsored Hackers
Another day, another bad news for Bitcoin users.
A leading Bitcoin information site is warning users that an upcoming version of the Blockchain consolidation software and Bitcoin wallets could most likely be targeted by “state-sponsored attackers.”
R… Continue reading Warning — Bitcoin Users Could Be Targeted by State-Sponsored Hackers
DDoSCoin — New Crypto-Currency Pays Users for Participating in DDoS Attacks
It’s 2016, and now, you can earn some dollars by contributing into well-organized DDoS attack scheme.
Do you know while mining Bitcoins you are actually contributing a significant computational power to keep the Bitcoin network running?
In Bitcoins, the miners actually build and maintain massive public ledger containing a record of every Bitcoin transaction in history.
When one user tries
Continue reading DDoSCoin — New Crypto-Currency Pays Users for Participating in DDoS Attacks
Craig Wright Will Move Satoshi Nakamoto’s Bitcoin to Prove His Claim
Yesterday, BBC broke a story allegedly revealing Craig Wright as the original creator of Bitcoin digital currency Satoshi Nakamoto.
However, the highly skeptical cryptographic community is definitely not yet convinced with the technical proofs Wright has yet provided to the media outlets and on his blog.
Now, Wright has promised to provide further evidence for his claim that he is behind the
Continue reading Craig Wright Will Move Satoshi Nakamoto’s Bitcoin to Prove His Claim
Bitcoin Creator Has Finally Unmasked Himself. Maybe, Real?
The mysterious creator of the BITCOIN digital cryptocurrency seems to have been identified as an Australian entrepreneur, and his name is:
Craig Steven Wright.
Five months after Wright, an Australian computer scientist and businessman was outed as Sa… Continue reading Bitcoin Creator Has Finally Unmasked Himself. Maybe, Real?