TT-Miner 2.2.4 Nvidia GPU Miner With New Algorithms Supported

TT-Miner 2.2.4 Nvidia GPU Miner With New Algorithms Supported

Ethereum, News, Tech
The latest TT-Miner Version 2.2.4 comes with three new mining algorithms supported as well as some bug fixes to help improve the miner stability. The newly added algorithms are PROGPOWH, a modified ProgPoW Rev.0.9.2 for the HYDNORA project, PROGPOW092 ProgPoW Rev.0.9.2 for SUM (Solidum Network) as well as TETHASHV1 for the TEO project. If you are interested in any of the newly added algorithms you might want to check out the projects that have implemented them as well. TT-Miner supports ProgPOW, ProgPOWH, ProgPOW092, TETHASHV1, PROGPOWZ, Ethash, UBQhash, MTP, LYRA2REV3 and Myriad-Groestl algorithms on Nvidia GPUs and is available for Windows only, a closed source miner with 1% developer fee for all of the supported algorithms. – For more information and to download and try the latest TT-Miner for Windows…
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The Man Behind Bitcoin Pizza Day Is More Than a Meme: He’s a Mining Pioneer

The Man Behind Bitcoin Pizza Day Is More Than a Meme: He’s a Mining Pioneer

Bitcoin, News, Tech
Bitcoin was barely a year old and trading for less than a penny. Excitement for the world’s first cryptocurrency was still largely bottled up in the infant hobbyist forum Bitcointalk, itself barely half a year old. Here, OGs effervescent with enthusiasm compared notes on economic philosophy, technical knowledge and the new cryptographic beast that Satoshi Nakamoto created. Satoshi himself was still active on the forum, too, as the earliest adopters shared their visions for the future of money.Though, if that future was going to be realized, something was still missing: No one had ever spent bitcoin on anything. Darknet markets wouldn’t exist for a few years and the only transactions users facilitated (besides peer-to-peer ones on the network) were done in cash.Perhaps this is why Laszlo Hanyecz decided it was…
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Australian Civil Servant Caught Mining Crypto With Government Hardware

Australian Civil Servant Caught Mining Crypto With Government Hardware

News, Tech
The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release.In the release, the AFP states that the unnamed 33-year-old man is an IT contractor with the Australian government, who took advantage of his access to “manipulate programs to use the processing power of the agency’s computer network for cryptocurrency mining.”For his effort, the report claims he earned AU$9,000 (around $6,200) from the mining operation.He was subsequently charged for the unauthorized modification of restricted data and the unauthorized modification of data to cause impairment. The charges mentioned carry a maximum sentence of 2 years and 10 years, respectively.Speaking on the matter, Acting Commander Chris Goldsmid, manager of cybercrime operations, said the civil servant in question will…
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The Giant Is Back: Tezos Imminent Arrival of its First On-Chain Protocol Upgrade

The Giant Is Back: Tezos Imminent Arrival of its First On-Chain Protocol Upgrade

News
Tezos is a notable open-source project in the blockchain space, which applies decentralization to its overall model, instead of merely touting decentralization, according to Alison Mangiero, president of The Tocqueville Group (TQ Tezos). As a reminder, Tezos had gone through a very successful ICO event during the summer of 2017, raising as much as $232 million. Back then, Tezos was the ICO which raised the highest amount of funds. Decentralization On The Whole “Tezos, as a project, doesn’t just pay lip service to decentralization and isn’t just decentralized in terms of our validators, stakers or bakers,” Mangiero said on a recent interview with CryptoPotato. “The entities that work on Tezos are also decentralized.” Diving into the concept a bit further, Mangiero explained the Zug-based (Switzerland) Tezos Foundation “houses Alison Mangeiero, TQthe…
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Dutch Man Arrested for $111 Million Fake Mining Scheme

Dutch Man Arrested for $111 Million Fake Mining Scheme

News, Tech
On March 21, 2019, Dutch news outlet NL Times reported that “Berry van M.,” a 33-year-old Dutch businessman and the operator of now-defunct trading platform Koinz Trading, has been arrested on charges of deceiving investors with a bogus bitcoin mining scheme.The report claims that van M. was the director of companies that sold “computers for mining Bitcoin” since 2017 and that he “managed the computers in a so-called ‘mining farm.’” He convinced investors that they would receive returns of 0.3 BTC per month. But when the investors did not receive these funds and found that they could not get their hands on the hardware they had invested in, they contacted the police.In total, the report claims that van M. raised investments totaling about €100 million (approximately $111 million). But instead…
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New T-Rex 0.11.0 Nvidia Miner With X25x Support for the Upcoming SUQA/SIN Fork

New T-Rex 0.11.0 Nvidia Miner With X25x Support for the Upcoming SUQA/SIN Fork

Ethereum, News, Tech
The latest T-Rex Nvidia GPU miner version 0.11.0 adds support for the new X25x algorithm to be used by the SUQA/SIN Project in the upcoming hardfork planned for block 165,000 or around 24th-25th May. So far this is the first and the only miner for the new X25x algorithm to be ready ahead of the fork, so if you are planning on mining SUQA/SIN after the fork make sure you are ready. Aside from the support for the new algorithm, the new latest T-Rex brings some bug fixes that help improve the stability of the miner. The previous release T-Rex 0.10.2 from a couple of days ago also brought support for the MTP algorithm (Zcoin), so this is something new if you have missed the previous update and are still…
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Australian Government Employee Faces Court for Misusing Government IT Systems to Mine Crypto

Australian Government Employee Faces Court for Misusing Government IT Systems to Mine Crypto

News
An Australian government employee will reportedly face court today over his alleged misuse of government IT systems. An Australian government employee will reportedly face court today over his alleged misuse of government IT systems to mine cryptocurrency for personal gain. The news was announced by the Australian Federal Police (AFP) on May 21.The AFP alleges that the 33-year old man, whose name was not disclosed, used his access as an IT contractor to “manipulate programs to use the processing power of the agency’s computer network for crypto currency mining.” The alleged profits from his illicit mining activities reportedly amounted to AU$9,000 (~$6,200).The man’s appearance before the Sydney Local Court follows an AFP search operation of his residency in Sydney on March 5, during which officers reportedly seized his personal laptop,…
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