Tag: cryptocurrency mining

AMD GPU Sales Explode due to Cryptocurrency Mining Goldrush

We live in quite an interesting era of cryptocurrencies right now. Back when Bitcoin could still be mined with a GPU, a lot of miners bought large amounts of graphics cards to build their own mining farms. It now appears the same is happening in the altcoin world, which causes some issues for manufacturers and store owners. In fact, the amount of available AMD graphics cards is at an all-time …
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Bondnet Botnet Hijacks Windows Server Machines to Mine Monero and ZCash

It was only a matter of time until a new botnet would start making the rounds. It appears this new type of malware originates from China, albeit that has not been officially confirmed at this stage. So far, the botnet is comprised of 15,000 infected Windows Server machines, all of which are mining cryptocurrencies. Interestingly enough, the primarily mined cryptocurrency is Monero, and not Bitcoin. Crypto-mining Botnet Has Grown More …
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CoinFac announces quantum computing technology for cryptocurrency mining

According to recent reports, CoinFac, a technology company established this year, has just introduced a next generation quantum computing tech, meant for digital currency mining. In return, this will supposedly allow bitcoin and altcoin miners from all around the world to get a 4,000x speed increase. To put things better into perspective, quantum computing is currently being looked at as the next generation of computers, able to process information and …
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