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Mining Boom: Bitmain’s Profit Over $3 Billion According to Researchers

Beijing-based start-up Bitmain now dominates the Bitcoin mining industry. Last year it is estimated the company made as much money as chipmaker Nvidia did, according to estimates from researchers at Wall Street analyst Bernstein. Based on conservative estimates, the analysts calculate that Bitmain made $3 to $4 billion in operating profit last year. Bernstein’s U.S. semiconductor

Asian Altcoin Trading Roundup: Top Cryptocurrency is Nano

The markets have continued correcting during the Asian trading session this morning. Bitcoin continues with its slow sell off but the some of the altcoins seem to be accelerating downwards at a faster rate. BTC seems to have found support at $10,500 and has headed upwards slightly however it is still down around 2% on the day. Most altcoins are also down except one which is pretty rampant right no

Illicit Uses of Cryptocurrency Gaining Attention Around the World: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy.If you would like to contribute an Expert Take, please email your ideas and CV to&n

UCOT Establishes the Partnership With the Creator of Monero’s RingCT Signature Scheme, Dr. Joseph Liu.

Recently, Renping Liu (CTO of UCOT) and key members of his technical team came to visit Monash Universities cryptocurrency laboratory. This lab, located within the Faculty of Information and Technology, which is being operated by professor Dr. Joseph Liu is currently helping the ecosystem by developing practical Blockchain-based solutions with rigorous security that can, in addition to digital cur

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Kraken Reinstates Delisted Currency Pairs and Advanced Order Types

Cryptocurrency exchanges are constantly evolving. Kraken, one of the world’s leading cryptocurrency trading platforms, introduced some new big changes. Advanced orders and 10 different currency pairs have been added to the platform overnight.Advanced Orders On KrakenKraken has been working hard to improve its overall user experience. Earlier this year, the firm made necessary infrastructure upgr

Trading Tip `The Wall´ – Drop Tokens That Suffer From Overtokenization

Op-Ed It’s said that 90% of all startups fail, and that we should expect nothing more from ICOs. 10% success rate is still overly optimistic for ICOs, but perhaps not for the reason you may think. You’re probably aware of examples of ICO “founders” who turned out to be a bunch of made up Linkedin-profiles. You’re probably also aware of the

Salon Offers Visitors In-House Cryptocurrency Mining When Blocking Ads

Mining Mainstream web magazine Salon has started allowing its readers an ad-free site, if readers start mining cryptocurrency for them, after sustaining a decline in income due to ad blocking technology.Also read: Japan Cracks Down on Foreign ICO Agency Operating Without LicenseSalon’s Mining InitiativesSalon, a left-leaning political and life

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The Jenkins Miner is the Biggest Botnet Mining Monero

Cryptocurrency mining operations come in many different shapes and sizes. 0Running a profitable Bitcoin mining firm requires a lot of hardware and space. For altcoin mining, things are very different. Unfortunately, the Jenkins Miner is not a legitimate operation. Although it is the biggest of its kind, it’s 100% malicious. It also seems to be mining Monero first and foremost, with over $3m bein

Asian Altcoin Trading Roundup: Top Cryptocurrency is Neo

The Asian holiday weekend is upon us and markets are looking good. Most digital assets are in the green and Bitcoin is holding steady at over $10k again. Altcoins are once again being pulled up by their big brother and, as expected, one is standing out from the crowd.According to Coinmarketcap NEO is the only altcoin trading in double digit gains during this morning’s Asian session. Up to $140 f

Mining Crypto In a Browser Is a Complete Waste of Time

Mining Malware that surreptitiously mines cryptocurrency while you browse the web is big news right now – literally in the case of news outlet Salon, which has enabled it as an opt-in feature. One thing that it certainly isn’t, though, is big business. Every other day, media outlets seem to be running stories about the latest cryptojacking scams.

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