Archive for the ‘Crypto News’ Category

LTC Continues to Move Up After Coinbase Adds Support for Litecoin

4, May 2017

Litecoin (LTC) has been going up in terms of price in the last few weeks for a number of reasons including the upcoming SegWit support, Lightning Network and now the addition of trading pairs for the crypto currency by Coinbase. There was also a report that in the past 24 hours, over 1 million $LTC has been traded on GDAX. This is finally something that is really making LTC interesting again after the last couple of years when nothing much was happening and Litecoin wast moving much. This push is also helping the manufacturers of Scrypt ASICs such as the Innosilicon Dominator A4 and the more recent Bitmain AntMiner L3+. So if you have left out LTC for dead already, then you might want to reconsider that and keep an eye out for the future developments surrounding LTC once more.

– For more on how you can now easily buy, sell, send, and store Litecoin via Coinbase…

NiceHash Getting Ready to Release NiceHash Miner 2.0

3, May 2017

The NiceHash Miner is a nice and easy solution for mining and getting paid directly in Bitcoin, especially for people that re not much into crypto mining or don’t want to get too deep into things, but still want to make some coins if they have the hardware. NiceHash has opened a signup form for people that are interested in trying out the alpha version of their upcoming version 2.0 of the miner software. Furthermore they have announced that they will randomly select one tester that reports at least one bug or a review and reward him/her with 0.25 BTC. So if you are already using the NiceHash Miner and want to help in the improvement of the upcoming new major version (and possibly get rewarded for that) you might want to sign up.

– Sign up to be among the first to try out the new NiceHash Miner 2.0 alpha version…

BitMain Up for Another Scandal With Antbleed Backdoor

27, Apr 2017

After the recent controversy surrounding BitMain and the alleged use of AsicBoost here comes another scandal for the popular ASIC manufacturer. It seems that the company has introduced a backdoor into the firmware of their Bitcoin mining hardware Antminer that allows it to stop miners remotely. Not that they are doing it or will do it at some point, but the ability to do so and control a very large portion of the global mining hashrate is not something that users want. The backdoor is now publicly called and it seems that all recent S9 hardware is affected, and L3, T9 and R4 series hardware are likely to be affected as well.

What is the Antbleed Backdoor:
The firmware checks-in with a central service randomly every 1 to 11 minutes. Each check-in transmits the Antminer serial number, MAC address and IP address. Bitmain can use this check-in data to cross check against customer sales and delivery records making it personally identifiable. The remote service can then return “false” which will stop the miner from mining.

– For more information regarding the Antbleed Backdoor and why it is important…


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