Genesis Mining news-Page 2
AUG 13 DIGEST: Windows 10 a Threat to Bitcoin Privacy; Genesis Mining Joins Companies Leaving NY
Windows 10 could be a threat to Bitcoin users’ privacy; Genesis Mining leaves New York over BitLicense; Envestnet acquires Yodlee for US$590 million and more top stories for August 13. Windows 10 could be a Serious Threat to Bitcoin Privacy The recently unveiled Windows 10 could turn out to be a serious threat to Bitcoin users’ privacy. Apparently, traffic analysis done on the operating system has revealed that it enables unauthorized and continuous transmission of data from personal computers to external servers. If this is the case, then using Bitcoin through your device could expose your transactions to external surveillance. …
Smart Contracts / Aug. 13, 2015
US vs. China: The 20 MB Miner War That Could Destroy Bitcoin (Op-Ed)
The world’s two largest economies; two of the three most populated countries on earth; much more importantly: the world’s two largest Bitcoin mining communities locking horns in a struggle for power and control over the Bitcoin blockchain. The Far East versus the West; the United States versus China: a classic battle of global superpowers that may not have a winner, but may take the world’s first global currency down in the digital crossfire. Possible implosion The issue of Bitcoin block size is coming to a head within a matter of days. Could a battle over block size between Western businesses …
Blockchain / June 15, 2015
Cloudmining: The Bane or Blessing of Bitcoin? (Op-Ed)
With the promise of the moon for its users without the need to purchase expensive mining equipment, the cloudmining industry has been experiencing its ups, and recently, its downs. While the ostensible scams and pyramid schemes in the cryptocurrency space are damaging and ultimately bad for Bitcoin, the concept of mining “in the cloud” can be beneficial to the long-term growth of the ecosystem. What is Cloudmining? Put simply, cloudmining is when you buy processing power that is generated at remote data centers. Many users have opted to mine “remotely” in this way since it offers no additional electricity costs, …
Bitcoin / April 7, 2015