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10 reasons why 2019 is the year of the cryptocurrency 51% attack

[ad_1] ETC kicked off the year-long 51% attack competition in taste, and there is masses extra the place that got here from. 2019 shall be the year of the 51% attack, suggests David Vorick of Siacoin and Obelisk mining. There are no less than 10 reasons why. 1. Hashrate marketplaces …

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ETC 51% attacker returns funds amid abnormal transaction fees

[ad_1] The 51% assault itself is the least bizarre factor to occur to Ethereum Classic within the closing week. Gate.io has introduced that the 51% attacker has returned $100,000 in stolen ETC. The Ethereum Classic community is experiencing wildly increased transaction fees. Evidence means that the attacker could be laundering …

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Opinion: Razer’s cryptocurrency mining scheme is utterly unethical

[ad_1] At least cryptojacking malware is indiscriminate. But Razer’s crypto scheme turns out to focus on youngsters. Cryptocurrency mining has been blamed for most of the international’s ills in fresh months. Its power intake has been taken to job with hysterical studies of dubious veracity, and cryptojacking, the act of …

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Iran might emerge as an unlikely bitcoin mining powerhouse

[ad_1] Miners are repeatedly after more cost-effective power, and Iran has it. Getting the machines there may be more difficult even though. Energy costs in Iran can get as low as zero.04 yuan ($zero.006) consistent with kilowatt hour, mentioned a Chengdu-based crypto mining startup to CoinDesk. That’s only a 10th …

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Bitcoin hashrate dives over 30% as prices eke towards $three,000

[ad_1] What are we able to be informed from bitcoin’s meltdown a 12 months after its sizzling upward push? Bitcoin prices are recently perched on the most sensible of the stairs that result in the basement, fumbling for the sunshine transfer. They want to in finding it, lest bitcoin tumble …

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Bitcoin hashrate dives over 30% as prices eke towards $three,000

[ad_1] What are we able to be told from bitcoin’s meltdown a yr after its sizzling upward push? Bitcoin prices are these days perched on the best of the stairs that result in the basement, fumbling for the sunshine transfer. They wish to in finding it, lest bitcoin tumble all …

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51% attacks have been shredding Vertcoin’s blockchain since October

[ad_1] The Vertcoin blockchain can be a lot more safe if its costs had been decrease. The Vertcoin blockchain has been getting yanked far and wide via an unknown attacker for a few months now, with 4 distinct incidents – a minimum of two of which incorporated a hit double-spend …

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Cryptocurrency crash sees miner exodus from China

[ad_1] Mining economics have taken a flip for the more severe. According to the South China Morning Post (SCMP), most of the nation’s bitcoin miners are biting the bullet and promoting off their machines after being not able to proceed mining at a loss. Working with the mix of bitcoin …

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Aeternity and decisions in cryptocurrency design. Part 1: Consensus

[ad_1] This is a part one among a three-part sequence at the possible choices you must make when development a cryptocurrency. aeternity, or æternity to make use of its given identify, is a blockchain sensible contract platform that objectives initially a extra fashionable basis than Ethereum did, for the advent …

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Study: Energy for buck, cryptocurrencies are more expensive to mine than metals

[ad_1] The similar find out about additionally offers a somewhat rosy image of crypto mining emissions. A find out about printed in Nature Sustainability on five November has assessed the potency of mining cryptocurrencies subsequent to metals, as measured by means of electrical energy for bucks, in particular how a …

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