bitcoin

This bitcoin miner could end the GPU shortage

This bitcoin miner could end the GPU shortage

Cryptocurrency mining fever is behind GPU shortages and increased prices, leaving many PC gamers unhappy, but that reality could be changing soon. According to sources, Bitmain is planning to launch Ethereum ASIC Miner F3 with 72GB of DDR3 DRAM. The launch is expected to happen in the second quarter of this year, giving crypto-enthusiasts a new option for mining their favorite digital coins.

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Litecoin price jolts on Cash fork scam

Litecoin price jolts on Cash fork scam

Litecoin ($LTC) is supposed to have a fork today that'll give users 1 Litecoin Cash for every 1LTC coin they hold. The key phrase in that sentence is "supposed to." That'll happen at block 1,371,111, the creators of Litecoin Cash suggest. This news sent the price of Litecoin jolting upward. But this news might not actually be true - so to speak.

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Salon asks ad-blocking visitors to mine cryptocurrency

Salon asks ad-blocking visitors to mine cryptocurrency

The online publication Salon has turned toward cryptocurrency mining as a potential way to make up for lost advertisement revenue. Visitors who use adblock while on the Salon website are being asked to either disable the ad-blocking software, which would allow advertisements to run, or to authorize the website to mine cryptocurrency temporarily using the visitor's computer.

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Bitcoin stock price OR why $ETC is jumping

Bitcoin stock price OR why $ETC is jumping

This afternoon the price of Bitcoin hovering in at right around $8500 (or thereabouts) while the price of Ethereum Classic ($ETC) jolts upward. Why would this classic version of Ethereum move at such a pace here near the middle of February, 2018, while Bitcoin jumps around a price point it's hovered near the last week? There's an airdrop coming - that's why. An airdrop is headed toward ETC at an alarming pace, and quite a few users aren't about to miss it, regardless of the price.

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Bitcoin aims for eBay and Wikipedia

Bitcoin aims for eBay and Wikipedia

News of eBay's switch from Paypal sent both stocks reeling at the tail end of January 2018 - now there's word that eBay's new partner might be their key to Bitcoin. The auction site teamed up with payment service Adyen, replacing for the first time their primary payment company since Paypal was acquired in 2002. Adyen, in turn, at one point partnered with BitPay to accept cryptocurrency payments.

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Telegram flaw targets crypto users with Russian miners

Telegram flaw targets crypto users with Russian miners

A new flaw in Telegram messaging - and quite possibly in other platforms as well - flips the text in a file share to mislead users. This flipped bit of text suggests that the user is being sent an image file, for example - but in reality, the file is anything but. In an example given this morning by the folks at Kaspersky Lab at Secure List, a user might send a PNG file, but when it's accessed, it becomes an executable javascript file - of the malicious sort.

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Bitcoin price just rebounded 50%: Watch the bounce

Bitcoin price just rebounded 50%: Watch the bounce

Over the weekend the price of Bitcoin rambled its way up to over $9k, coming up on a set of stairs from its recent plunge below $7,500 just this past week. That's quite a drop below its nearly-$20k high in December of 2017 - and it looks a whole lot like chaos to most users that haven't been paying close attention to the market past a half year ago.

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Bitcoin price up despite EU supervision talk

Bitcoin price up despite EU supervision talk

The European Union is updating its currency safeguards to encompass bitcoin risk, warning that cryptocurrencies are being considered "very risky" assets and are likely to come under increased scrutiny. It's the latest sign of traditional players in world finance looking more closely at virtual currencies and raising the possibility of increased regulation, something bitcoin enthusiasts have often been reluctant to embrace.

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Bitcoin mining gets Russian nuke scientists arrested

Bitcoin mining gets Russian nuke scientists arrested

The current cyptocurrency craze we find ourselves waist-deep in is beginning to make its way into every day life. Graphics card prices are through the roof, mainstream news outlets are covering the volatility of Bitcoin, and now it appears that even Russian nuclear scientists are getting in on the action. Unfortunately for them, it seems they didn't really plan out their cryptocurrency mining scheme all that well.

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Crypto taxes time: IRS has Coinbase in its sights

Crypto taxes time: IRS has Coinbase in its sights

The Internal Revenue Service (IRS) is ramping up an investigation of the ways and means with which citizens of the USA hide their cash for tax season. Their primary target right this minute: Bitcoin and other cryptocurrencies. This investigation is currently aiming at Coinbase, the biggest brand in buying Bitcoin for USD - and a primary source for many millions of dollars in cash exchanged for code.

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Bitcoin price on the rise, but something strange is afoot

Bitcoin price on the rise, but something strange is afoot

Today the price of Bitcoin seems to be continuing its rebound from around $7k, but something strange is happening at the same time. Previous recent vertical movements of the most popular coin in the cryptocurrency universe meant altcoins (all other coins, for the most part) were going to take a dive. In this case, it seems that a whole lot of altcoins are rising at the same time as Bitcoin.

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Bitcoin scam targets Twitter, fools hundreds (at least)

Bitcoin scam targets Twitter, fools hundreds (at least)

This week a cryptocurrency scam is taking hold of Twitter. Malicious parties have impersonated well-known Bitcoin and Ethereum traders and leaders in the market, telling everyday followers that they'll be holding a special drawing for free coins. All users have to do is send a few coins to gain entry - therein lies the scam, as it were.

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