Tag Archives: Mining

Hodler’s Digest, Dec 10-16: Top Stories, Price Movements, Quotes and FUD of the week

Top Stories This Week CEO of Defunct Mt. Gox Exchanges Faces Ten Year Jail Sentence Over Embezzlement Mark Karpeles, the former CEO of now-defunct Japanese Bitcoin exchange Mt. Gox, could be facing a ten-year jail sentence over charges of embezzlement. Karpeles, who headed the exchange during the major hack in 2014 that resulted in the loss of 850,000… Read More »

Blockchain Mining Benefits Beyond the Cryptocurrency Spectrum

Mining is an integral part of the cryptocurrency and blockchain technology narrative. However, the process of discovering, validating, and adding new blocks (mining) to the chain has the potential to do more than increasing the money supply of a particular cryptocurrency. Moving Past Cryptocurrency Mining Apart from being responsible for creating new tokens in a cryptocurrency blockchain that… Read More »

Gaming Hardware Firm Razer Launches Token-Based Loyalty System and Desktop Miner

United States-based gaming hardware manufacturer Razer has redesigned its native virtual currencies and loyalty system and launched a desktop mining app, according to a blog post published on Dec. 12. Founded in 2005, Razer has become a leading gaming hardware and software manufacturer in the U.S., Europe, and China. The company’s software platform reportedly has more than 50… Read More »

Gaming PC Maker Razer Offers Store Credit in Return for Crypto Mining

Gaming hardware manufacturer Razer has launched an app that rewards users for mining cryptocurrency – but not with either cash or crypto. Announced Wednesday, the app, dubbed Razer SoftMiner, allows gamers to utilize their idle graphics cards to mine for new transactions blocks on the ethereum blockchain, among other networks. While mining directly using software clients or via other… Read More »

France: Gov’t Report Recommends $570 Million Blockchain Investment

French political deputies want to spend €500 million (about $569 million) on state-level blockchain deployments over the next three years, local daily news outlet Les Echos reported Dec. 12. Citing a report published Wednesday, the publication said both blockchain and cryptocurrency interaction was high on the agenda of two members of parliament (MP), who are pushing the initiative… Read More »

Gaming Firm Wants to Pay Players to Mine Cryptocurrency

When the crypto chips are down companies often seek alternative methods of generating income. Gaming equipment giant Razer wants to pay gamers to mine crypto using their graphics cards. The new crypto rewards program is called ‘Razer SoftMiner’, and it enables users to put their GPUs to work mining “Silver” which according to the firm is not actually… Read More »

Ethereum Miners May Be Exposed to a Hacker Mass-Scan Campaign

Think you’re working hard at making an extra income even while prices are down? If you’re not careful and don’t heed the warnings about port 8545, you may just see all your ETH disappear overnight. According to crypto-jacking and cybersecurity research firm Bad Packets, a mass-scan campaign is active at the moment. Hackers are on the lookout for… Read More »

Calling All Gamers: Razer Wants You to Mine Cryptocurrency Using Idle GPUs

Razer, the multi-billion-dollar gaming equipment manufacturer, released a new program that allows gamers to easily utilize their idle GPUs to mine cryptocurrency. The catch to this seemingly simple program, however, is that users don’t actually get to keep the cryptocurrency they mine.Razer Releases Cryptocurrency Mining Software Called SoftMinerThe new program, called SoftMiner, allows PC users to utilize their… Read More »