Bitmain’s new $12K cryptocurrency miner might be useless by the time it ships

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND


Bitcoin mining titan Bitmain has launched a new ultra-powerful cryptocurrency miner specifically designed for the CryptoNight hashing algorithm which powers privacy-oriented coins like Monero (XMR) and Bytecoin (BCN). But there is one massive problem: the device might be virtually obsolete by the time it starts shipping in May and June – especially to those interested in mining XMR. The so-called Antminer X3 ASIC (application-specific integrated circuit) mining rig will offer an impressive 220 kH/s at 550W. Bitmain intends to ship the machine in two batches – one in May and one in June. Customers can purchase first-batch X3 for $ 11,999 or wait for the…

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Cash For Apps: Make money with android app

There’s a currency miner in the Mac App Store, and Apple seems OK with it

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

Enlarge / A version of Calendar 2 downloaded on Sunday from the Mac App Store.

Resource-draining currency miners are a regular part of the Google Play market, as scammers pump out apps that covertly harness millions of devices, in some cases with malware so aggressive it can physically damage phones. A popular title in the Mac App Store recently embraced coin mining openly, and so far Apple gatekeepers haven’t blocked it.

The app is Calendar 2, a scheduling app that aims to include more features than the Calendar app that Apple bundles with macOS. In recent days, Calendar 2 developer Qbix endowed it with code that mines the digital coin known as Monero. The xmr-stack miner isn’t supposed to run unless users specifically approve it in a dialog that says the mining will be in exchange for turning on a set of premium features. If users approve the arrangement, the miner will then run. Users can bypass this default action by selecting an option to keep the premium features turned off or to pay a fee to turn on the premium features.

Feels like the first time

If Calendar 2 isn’t the first known app offered in Apple’s official and highly exclusive App Store to do currency mining, it’s one of the very few. The discovery comes as sky-high valuations have pushed the limits of currency mining and led to a surge of websites and malware that surreptitiously mine digital coins on mobile devices, personal computers, and business servers. Calendar 2 is slightly different in the sense that it clearly discloses the miner it runs by default. That puts it in a grayer zone than most of the miners seen to date.

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apple – Ars Technica

Cash For Apps: Make money with android app

We used a cryptocurrency miner as a heater this winter and it really worked


Surfing through the web back in October, I stumbled upon an odd but genuinely fascinating contraption: a Russian cryptocurrency miner that leverages the heat it generates from stacking Ethereum to keep your room warm. Shortly after I wrote about this unusual device, Comino – the Russian-based startup behind this invention – reached out to us and kindly offered to ship one of its miners for us to test this winter. We gladly took them up on their offer, and a couple of weeks later, the Comino was already installed at our cozy office in Amsterdam. After running the crypto-heater for…

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The Next Web

Politifact inadvertently hosted a digital currency miner

You might expect a pirate website to use something as shady as a secret cryptocurrency miner, but that's now becoming a problem with above-board sites — and it's not on purpose. Politifact visitors have discovered that the site was inadvertently hos…
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