Crowd Funding, Micro-funding, New Approach for Investors - Alternatives to Wall Street
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Rescooped by Richard Platt from The Blockchain Revolution
July 5, 2018 4:36 AM
Scoop.it!

CryptoMining Hardware Industry Falters as Profits Dwindle

CryptoMining Hardware Industry Falters as Profits Dwindle | Crowd Funding, Micro-funding, New Approach for Investors - Alternatives to Wall Street | Scoop.it
Cryptocurrency mining profits are on the way down, resulting in declining demand for mining hardware, with sources expecting a 20% price cut for GPUs.

Via Lionel Gikonyo
Richard Platt's insight:

Cryptocurrency mining profits are on the way down, resulting in declining demand for hardware, such as high-end graphics cards. Sources suggest that GPUs could drop by as much as 20% within the upcoming month.

Lionel Gikonyo's curator insight, July 4, 2018 6:15 AM

"Cryptocurrency mining profits are on the way down, resulting in declining demand for hardware, such as high-end graphics cards. Sources suggest that GPUs could drop by as much as 20% within the upcoming month."

Rescooped by Richard Platt from The Blockchain Revolution
May 23, 2018 11:10 PM
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New ‘Snobbish’ #Cryptojacking Malware Infected 500k Users in 3 Days, Report Says. #Crypto #fintech

New ‘Snobbish’ #Cryptojacking Malware Infected 500k Users in 3 Days, Report Says. #Crypto #fintech | Crowd Funding, Micro-funding, New Approach for Investors - Alternatives to Wall Street | Scoop.it
WinstarNssmMiner, a new type of malware script used to mine Monero, has spread to half a million devices in 3 days, cyber researcher reports.

Via Lionel Gikonyo
Richard Platt's insight:

"A new piece of so-called cryptojacking malware used half a million computers to mine 133 Monero (XMR) tokens (about $25,000) in three days, Finance Magnates reports today, May 18.

Lionel Gikonyo's curator insight, May 19, 2018 5:22 AM

"A new piece of so-called cryptojacking malware used half a million computers to mine 133 Monero (XMR) tokens (about $25,000) in three days, Finance Magnates reports today, May 18."