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Interest in mining cryptocurrency has skyrocketed lately. This has caused a major wave of sales of PC graphics cards, which has actually driven up the price of many mid-range cards. Mining with a GPU may even turn a profit if one has access to cheap electricity. However, this process is known to damage graphics cards and affect their longevity. People consid…
We have seen multiple versions of Bitcoin ransomware over the past few years. It feels like a new one comes out almost every week, regardless of how successful it is. SpongeBob, the children's cartoon character, is not something most people would associate with malicious software, but that may soon change. There is now a SpongeBob ransomware in circulation,…
Given the recent popularity of cryptocurrency ICOs, it was to be expected some things would be unclear to a lot of people. One of the most recurring questions is why all of these ICOs try to prevent US citizens from participating. There are many different reasons as to why this is the case, even though the countermeasures can be bypassed quite easily. ICOs a…
There are so many different projects to keep track of in the cryptocurrency world, it becomes hard to get acquainted with everything. The Ethereum Virtual Machine, also known as EVM, is quite a nifty project a lot of people tend to overlook. It is quite important to understand what this project is all about, as it provides some interesting benefits to Ethere…
Cryptocurrency enthusiasts were not surprised to find out various central banks and governments want to issue their own digital currency in the future. In the United States, this initiative is known as Fedcoin. The idea was first proposed in 2014 by JP Koning. Fedcoin will not necessarily be a threat to bitcoin anytime soon, yet it is worth looking at what t…
The Large Bitcoin Collier (LBC) -not to be confused with LocalBitcoins - is a decentralized network of computers looking to utilize the collective computing power to find a collision of private Bitcoin keys. Its name pays homage to the Large Hadron Collider. Essentially this project is looking to challenge the notion that it is “impossible” to break into a B…
