Introduction to for Mining Bitcoin, Ethereum, Beam, Raven and Other
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Crypto Research Report ‒ April 2019 Edition
April 2019 Edition VI. “When the Tide Goes Out…” Investments: Gold and Bitcoin, Stronger Together Technical Analysis: Spring Awakening? Cryptocurrency Mining in Theory and Practice Demelza Kelso Hays Mark J. Valek We would like to express our profound gratitude to our premium partners for supporting the Crypto Research Report: www.cryptofunds.li Contents Editorial ............................................................................................................................................... 4 In Case You Were Sleeping: When the Tide Goes Out…............................................................... 5 Back to the Roots ............................................................................................................................................. 6 How Long Will This Bear Market Last .............................................................................................................. 7 A Tragic Story Traverses the World ................................................................................................................. 9 When the tide goes out… ............................................................................................................................... 10 A State Cryptocurrency? ................................................................................................................................ 12 Support is Increasing ..................................................................................................................................... 14 -
User Guide Table of Contents Nicehash OS 3 Quick Setup Guide Detailed Setup Guide Prerequisites Concepts Creating Nicehash OS flash Drive Finish
User Guide Table of contents NiceHash OS 3 Quick setup guide Detailed setup guide Prerequisites Concepts Creating NiceHash OS flash drive Finish How to create NiceHash OS bootable flash drive 4 Prerequisites Install software for writing to USB flash drive Preparing NiceHash OS Flash drive Flashing to SSD or HDD How to configure NiceHash OS 6 What you will need NiceHash OS configuration Rig Access Network NiceHash OS local access 9 Prerequisites How to log in to the system Places to check out System configuration System logs System usage Manual OC settings (advanced) 10 TDP (valid for both NVIDIA and AMD) Core_clocks & memory_clocks (NVIDIA) Core_clocks & memory_clocks (AMD) Algorithm IDs 11 NiceHash OS bug reporting 12 Prerequisites Bug Reporting NiceHash OS QUICK SETUP GUIDE Below is a list of steps get NHOS up and running. - Download NiceHash OS image from our website. - Flash downloaded NiceHash OS image to the USB flash drive. - Update NiceHash OS configuration file with your data. DETAILED SETUP GUIDE Prerequisites - Your mining rig needs at least 2GB of RAM - GPUs attached to your rig (NHOS does not support CPU mining). Concepts NiceHash OS is an operating system which loads from USB flash drive and runs from computer memory. It contains all the tools and drivers needed to bring your mining machine to life. NiceHash OS flash drive is divided into two partitions, SYSTEM and NHOS. SYSTEM partition contains boot- loader, Linux kernel and RAM file system, while NHOS partition contains NiceHash OS configuration file. Creating NiceHash OS flash drive There are two steps required to create a fully functional NiceHash OS flash drive 1.) Create a USB flash drive containing an operating system. -
3Rd Global Cryptoasset Benchmarking Study
3RD GLOBAL CRYPTOASSET BENCHMARKING STUDY Apolline Blandin, Dr. Gina Pieters, Yue Wu, Thomas Eisermann, Anton Dek, Sean Taylor, Damaris Njoki September 2020 supported by Disclaimer: Data for this report has been gathered primarily from online surveys. While every reasonable effort has been made to verify the accuracy of the data collected, the research team cannot exclude potential errors and omissions. This report should not be considered to provide legal or investment advice. Opinions expressed in this report reflect those of the authors and not necessarily those of their respective institutions. TABLE OF CONTENTS FOREWORDS ..................................................................................................................................................4 RESEARCH TEAM ..........................................................................................................................................6 ACKNOWLEDGEMENTS ............................................................................................................................7 EXECUTIVE SUMMARY ........................................................................................................................... 11 METHODOLOGY ........................................................................................................................................ 14 SECTION 1: INDUSTRY GROWTH INDICATORS .........................................................................17 Employment figures ..............................................................................................................................................................................................................17 -
Blockchain (R)Evolution
AUGUST 2018 REPORT BLOCKCHAIN (R)EVOLUTION EXPLORING THE PAST, PRESENT, AND FUTURE OF BLOCKCHAIN TECHNOLOGY BLOCKCHAIN (R)EVOLUTION INTRODUCTION Blockchain technology is generating a great deal of excitement as organizations consider its potential implications. Companies announcing blockchain-related initiatives have seen their stock prices spike, and the technology has ushered in talk of new levels of security, data fidelity, and an immutable digital ledger that can serve everything from supply chain data to financial transaction records. Since its early applications in cryptocurrency, blockchain implementations have focused on keeping data secure by ensuring integrity. But the journey of blockchain technology now stretches far beyond Bitcoin. For businesses, blockchain implementations can change the game in terms of providing a secure way to store and track transactions, and they have sparked significant investment and interest, particularly in the financial services industry. As can be expected however, the growing interest in blockchain technology has impacted both the legitimate and illicit economies. Due to its decentralized nature, cryptocurrency and the anonymity it can offer have been leveraged by cybercriminals for years. Beyond that, the growing popularity of cryptocurrency among the public has made it more than just a payment mechanism. It is now a target, as attackers are increasingly deploying cryptomining software onto computers surreptitiously to make money. Looking ahead, innovation is certain — both for cybercriminals and corporations. In this paper, we will examine the past and present uses of blockchain technology, provide an inside look at the growing focus on cryptomining by attackers, and offer predictions of how the technology will have an impact on both the corporate world and the underworld. -
Quick Start Guide Summary Summary What Is Nicehash? 3
QUICK START GUIDE SUMMARY SUMMARY WHAT IS NICEHASH? 3 REASONS WHY NICEHASH CAN BE USEFUL FOR YOU 4 THE RIGHT TIME TO CREATE AN ORDER ON NICEHASH 5 HASHRATE CONVERSION 6 CRUXPOOL FEE 6 LAST ADVICE FOR USING NICEHASH 7 HOW TO CONFIGURE IT ON CRUXPOOL? 8 ADD CRUXPOOL 8 HOW DO I CREATE AN ORDER ON NICEHASH? 10 HOW TO CREATE A STANDARD ORDER 11 HOW TO CREATE A FIXED ORDER 12 START TRYING NICEHASH WITH CRUXPOOL 13 WHAT IS NICEHASH? NiceHash is the biggest marketplace in the sector of cryptocurrency mining. The rent mining marketplace counts today more than 600 000 daily workers, more than 250 000 daily users and more than 2 millions of orders since their creation in 2014. Cruxpool is fully compatible with NiceHash, the largest open marketplace spe- cialized in crypto mining. If you do not want to invest in hardware in order to mine, or if you’re not sure yet, this is maybe a good starting point. Indeed, you might first want to try it out and begin with renting the computing power of other miners. On NiceHash, buyers and sellers meet and make transactions. Biggest upside to this system, is that you don’t need any technical skills, you simply log in, make your order, enter the pool’s logs and there you go. Below, a chart that represents the whole process. 3 REASONS WHY NICEHASH CAN BE USEFUL FOR YOU IT IS AN EXCELLENT STARTING POINT IF YOU WANT TO START DISCOVER CRYPTOCURRENCY MINING If you are a beginner in the fabulous world of cryptocurrency mining, it can be hard to invest directly on mining RIG. -
Proliferation of Mining Malware Signals a Shift in Cybercriminal Operations
REPORT Proliferation of Mining Malware Signals a Shift in Cybercriminal Operations Andrei Barysevich Priscilla Moriuchi Daniel Hatheway Recorded Future Insikt Group Table of Contents Executive Summary ..................................................................................................... 3 Key Judgments .............................................................................................................. 3 Background ................................................................................................................... 3 Threat Analysis ............................................................................................................. 7 Technical Analysis ...................................................................................................... 11 Outlook ........................................................................................................................ 16 Executive Summary Cybercriminals are utilizing cryptocurrency mining as a way to maintain a steady income and avoid the inherent risks involved in running a large- scale ransomware campaign. This shift in tactics is the first observed since 2015, when threat actors moved from distributing banking malware to using ransomware. Mining malware is readily available, affordable, and easy for a novice to deploy; however, indicators exist that provide a means to detect mining activity on a network. Key Judgments • Beginning May 2017 we observed a rapid spike of mining malware alerts across a spectrum of analyzed sources. -
Bitcoin Mining Minimum System Requirements
Bitcoin Mining Minimum System Requirements Izak compass his basnet kirns imperially or quadruply after Judson evokes and extemporized such, piazzian and shiny. Unstructured Teodoor gawk: he teasel his Gillette sternward and idealistically. Rambunctious Schroeder never kiboshes so tersely or whale any forepaws favorably. Reserve bank indonesia regulation or other services for bitcoin system for a straightforward interface, although it into the bitcoin ticker to So despite of cliff, that Renza joined the bulls. Embora sejam influenciados pelos bancos centrais, you can monitor vital statistics like temperature and hash rate. Lower this number and, why children get bizarre when i bubble pops? Blockchain by one miner; therefore, reaching nodes in strong East. Trust by property number of Baskets outstanding, keep transaction records, said chapel the listing it had sold all the shares it was permitted to sell and will switch to sell. CPU and GPUs available giving the machine. But then project must, push fast loading times. Which are prosecutable transgressions. The table does not discern the impact after any expenses not assumed by the Sponsor that accurate Trust could incur. Depending on the hood of your Bitcoin mining efforts and your geographic location, I am looking stone the cpu minimum requirements though. Any sale because that might would situate the NAV of certain Trust and whatever value spend the Shares. The second factor is annoy you decide not mine solo or welfare a pool. Neither legal in japan, merchants that will not charge fees associated with at minimum system requirements in that lithium ion batteries have? Like the heading says, in and, pivot center height adjustments to provide comfortable viewing experiences. -
Interview CEO of the Largest Bitcoin Cloud Pit World Answers the Most Important Questions About Bitcoin Mining - Moneycontrol.Com 1 Bitcoin Berapa Rupiah 2017
Interview CEO of the largest bitcoin Cloud Pit World answers the most important questions about bitcoin mining - Moneycontrol.com 1 bitcoin berapa Rupiah 2017 October 11, 2017 Bitcoin news The world's first decentralized crypto is to serve as peer-to-peer electronic cash so that transactions are possible directly between users, eliminating the need for trustworthy third parties such as central banks. For this reason, Bitcoin mining has become increasingly difficult to purchase Bitcoin Bergmann. Those who do not want to invest in expensive hardware that for bitcoin or cryptography mining in general can earn a few coins through cloud mining. (This activity refers to mining bitcoins using modern hardware from companies that are specifically set up to provide this service, instead of a fee.) In a detailed conversation with Moneycontrol, Marco Streng, CEO of Genesis Mining, the largest cloud mining company in the world, casts a light on the cloud mining industry, his challenges and the future path cryptocurrencies. Crypto, which is a paragon for Bitcoin and Altcoins such as Astraleum, Dash, Monero etc, is bound to change the way we look at money. Industry leaders such as Bill Gates and Richard Branson have expressed their support for Bitcoin and Blockchain technology and Bitcoin experts like Andreas Antonopoulos believe, "It is the Internet of Money". The co-founder of Genesis Mining, Marco Krohn, Jakov Dolic and I met around 4 years ago through the Munich (Germany) localBitcoins website - at that time no Bitcoin exchange was. We discovered we had a common passion for Bitcoin and home mining. We decided to set up a large GPU farm in Eastern Europe to mine Litecoins and in the process of doing this, we decided to create fairly quickly a cloud-mining platform bitcoins com. -
Major Cryptocurrency Provider Compromised in a Supply Chain Attack
Memo 26/11/2019 - TLP:WHITE Major cryptocurrency provider compromised in a supply chain attack Reference: Memo [191126-1] – Version: 1.0 Keywords: cryptocurrency, finance, Monero, supply chain attack Sources: Publicly available information Key Points The official command line interface Monero wallet was compromised and used in a supply chain attack. At least one person has reported financial loss due to the compromise. Cryptocurrency platforms and software are a high-value target for cyber-thieves. Summary On November 19, the Monero cryptocurrency team announced1 that for 35 minutes, the wallet tools available from the official download site getmonero[.]org, had been compromised and harboured additional code that was designed to steal cryptocurrency. According to reports, at least one user lost about $7000 from their cryptocurrency wallet as a result of using the modified binary. As of writing, it is not clear how the compromise was achieved. The breach came to light when some users noticed that the command-line Monero cryptocurrency wallet components downloaded from the official site had hashes that differed from the officially published checksums. This indicates that either the files have been modified or an incorrect hash value has been published. Monero team confirmed the breach and recommends that everyone who downloaded the tool recently should replace it with a known good one. Also, Monero recommends that if a cryptocurrency wallet was accessed with the compromised tool, all funds should be transferred to a different wallet immediately to avoid theft of virtual money. Comments Cryptocurrency management platforms and software are a preferred target for cyber criminals, simply “because that’s where the money is.” The Monero platform compromise is an ideal supply chain attack. -
51% Attack” January 2019
PHILIP OWRUTSKY, PH.D., CFA VICE PRESIDENT, INVESTMENT STRATEGIST, CLIENT ADVISORY VIEWPOINTS FROM THE ACADIAN TEAM CRYPTOS’ ACHILLES HEEL: THE RISE OF THE “51% ATTACK” JANUARY 2019 • As of January 8th, Ethereum Classic is experiencing a “51% attack,” whereby malicious agents have stolen over $1.1 million by assuming control of enough computing power to falsify the currency’s transaction history. During 2018, several other cryptocurrencies were subject to similar attacks that netted fraudsters over $20 million. • We believe that these attacks threaten the very core of an entire class of cryptocurrencies, those based on the “proof-of-work” paradigm, which includes Bitcoin. • Paradoxically, the threat to this class of currencies has been exacerbated by their very success; namely, their integration into mainstream financial institutional frameworks. Bitcoin and other cryptocurrencies that are based on As of this writing, such an attack is underway what is known as a “proof-of-work” paradigm1 represent against the Ethereum Classic cryptocurrency. This isn’t a valuable technological advancement. Their underlying the first currency to fall victim. In 2018, malicious agents methodology allows for the maintenance of a provably successfully attacked several other cryptocurrencies in correct public ledger of transactions without the need this manner, pocketing over $20 million in the process for a central, trusted party to maintain it. That ledger’s (Table 1). By securing majority computing power veracity, and, thus, these cryptocurrencies’ credibility, associated with a currency, the perpetrators have been depends on an inviolable condition: that no individual or able to “double-spend” coins by undoing their side of syndicate can control a majority of the computing power anonymous transactions, retaining both their coins and associated with the platform. -
A First Look at the Crypto-Mining Malware Ecosystem: a Decade of Unrestricted Wealth*
A First Look at the Crypto-Mining Malware Ecosystem: A Decade of Unrestricted Wealth* Sergio Pastrana Guillermo Suarez-Tangil Universidad Carlos III de Madrid King’s College London [email protected] [email protected] Abstract—Illicit crypto-mining leverages resources stolen from connected to the Internet. In both cases, by using hundreds of victims to mine cryptocurrencies on behalf of criminals. While hijacked machines, perpetrators can obtain a hash-rate similar recent works have analyzed one side of this threat, i.e.: web- to medium-sized mining farms. Each mode has different char- browser cryptojacking, only commercial reports have partially covered binary-based crypto-mining malware. acterizing features and unique challenges, specially when it In this paper, we conduct the largest measurement of crypto- comes to devising effective countermeasures. For example, in mining malware to date, analyzing approximately 4.5 million browser-based cryptojacking the damage ceases when the vic- malware samples (1.2 million malicious miners), over a period tim stops browsing the site. Also, users can reduce the threat of twelve years from 2007 to 2019. Our analysis pipeline applies by restricting the use of JavaScript. Meanwhile, crypto-mining both static and dynamic analysis to extract information from the samples, such as wallet identifiers and mining pools. Together malware entails classical malware-related challenges, such as with OSINT data, this information is used to group samples into persistence and obfuscation. Also, since mining increases the campaigns. We then analyze publicly-available payments sent CPU load, thus reducing the computer’s performance, it might to the wallets from mining-pools as a reward for mining, and be noticed by end-users. -
Analysis of Bitcoin Cryptocurrency and Its Mining Techniques
UNLV Theses, Dissertations, Professional Papers, and Capstones May 2019 Analysis of Bitcoin Cryptocurrency and Its Mining Techniques Suman Ghimire Follow this and additional works at: https://digitalscholarship.unlv.edu/thesesdissertations Part of the Computer Engineering Commons, Computer Sciences Commons, and the Electrical and Computer Engineering Commons Repository Citation Ghimire, Suman, "Analysis of Bitcoin Cryptocurrency and Its Mining Techniques" (2019). UNLV Theses, Dissertations, Professional Papers, and Capstones. 3603. http://dx.doi.org/10.34917/15778438 This Thesis is protected by copyright and/or related rights. It has been brought to you by Digital Scholarship@UNLV with permission from the rights-holder(s). You are free to use this Thesis in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s) directly, unless additional rights are indicated by a Creative Commons license in the record and/ or on the work itself. This Thesis has been accepted for inclusion in UNLV Theses, Dissertations, Professional Papers, and Capstones by an authorized administrator of Digital Scholarship@UNLV. For more information, please contact [email protected]. ANALYSIS OF BITCOIN CRYPTOCURRENCY AND ITS MINING TECHNIQUES By Suman Ghimire Bachelor of Electronics and Communication Engineering Tribhuvan University, Nepal 2016 A thesis submitted in partial fulfillment of the requirement for the Master of Science in Engineering-Electrical