Nearly 400,000 computers have been hacked to disseminate cryptocurrency mining malware. The computers in Russia, Turkey, Ukraine and other countries were hacked using Trojans. Microsoft revealed that nearly 73% computers were hacked in Russia, 18% in Turkey and 4% in Ukraine. Microsoft has blocked nearly 400,000 sites.
Japanese GMO mining released their business progress and revealed over 200 bitcoins were mine since February 2018. Bitcoin Cash mining also shows the outstanding result with a report for over 300 bitcoin cash were mined.
The Australian Federal Police (AFP) is probing two officials of the Bureau of Meteorology. They have been suspected to have used the bureau’s computer systems to mine cryptocurrencies. No charges have been registered yet. The employees have been approached with a search warrant.
Slush Pool has announced its compatibility with AsicBoost and aim to allow the user to mine bitcoin more efficiently and more profitably. The announcement of using technology the technology made by the first Bitcoin mining pool on March 6.
A study conducted by an electric supply company, EliteFixtures showed the actual total mining cost per bitcoin. The study shows that the cost of bitcoin mining varies per countries. Lowest cost for bitcoin mining title owned by Venezuela only costs $531 to mine a bitcoin.
According to a security firm’s research, the number of crypto mining script installed has increased significantly up to 725%. The big number explained the number of attacked users by malicious crypto criminal which affects almost 2.7 million victims last years.
The researchers from Bad Packets report that approximately 50,000 WordPress sites had been affected by crypto mining malware. Troy Mursch, the researcher, was able to locate 48,953 websites affected by the crypto-jacking scripts when scanned through PublicWWW search engine. Coinhive has been observed as the popular crypto-jacking script.
Québec, Canada has been suggested to be the top digital currency mining farm due to its suitable climate and cost-saving electricity. However, Québac government isn’t pleased with the statement given and stated that it would not benefit the country anyway.
GMO Internet has made $3 million and above in the last three months. The company disclosed, the crypto mining business has generated 23 BTC, 93 BTC, and 124 BTC in December, January, and February. The company has also made $654,000 in 525 bitcoin cash. GMO would also rise to provide cryptocurrency cloud mining services in August.
New card specialized for crypto mining rumored to be revealed by Nvidia now seems to be just another gaming video card. Regulatory risk and crypto market ups and downs play an important role in determining the demand for GPU said AMD.