• BTC on Keyboard with B

    Salon is now using readers’ browsers to mine cryptocurrencies

    A recently published FAQ explains how the progressive site is using its readers to make money

    The fewer and fewer people who are visiting progressive-leaning blog site Salon may be mining cryptocurrencies, according to a recently published FAQ on the site. Based on data from Archive.org, the FAQ was first published on Monday, February 12, 2018. [Editor’s note: We’ve just heard back from Salon. We hope to have more updates shortly.]  Those visitors to Salon using an ad blocker are now given two choices: disable the blocker or let Salon use some of their computers CPU to mine cryptocurrencies while they catch up on the circus that is American politics. Of course, Salon couches it in terms that make one’s bleeding heart flutter just a little…

  • Fake Tethers under fake bitcoins.
    Alt coins

    Account expertly trolling Tether is back on Twitter

    Tether Printer is once again printing, albeit under a slightly new name

    It’s not the most significant bits of news: a Twitter account is now back online after being temporarily suspended. Then again, “Tether Printer” (or, as it’s currently called, “Not Tether Printer”) isn’t a simple account.It was down for a couple of days but was back in operation Monday night. Tether, of course, is the allegedly U.S. dollar-backed cryptocurrency that happens to have been started by the same folks who run Bitfinex, the world’s largest bitcoin marketplace. It’s alleged that large chunks of tether are being issued out of thin air and being used by the company’s owners to prop up the prices of bitcoin and other cryptocurrencies on exchanges, especially…

  • Geothermal powerplant in Iceland.

    Iceland may hit a milestone in 2018 because of bitcoin

    Miners love cheap electricity and Icelanders know a thing or two about volatility

    A remote nation with a small population, shaky politics, a hard left government, and economic turmoil in its recent past is finding that mining is taking up a huge chunk of one of its biggest resources. Sound familiar? No, not Venezuela or Congo or let’s face it, too much of the developing world. Nope, we’re talking Iceland, the country that gave the world… um… Bjork. Yeah, that’s one big export. Let’s see… What else… whale meat? C’mon. Work with us here. Anyway, the natural resource we’re talking about is geothermal-generated electricity and they’re used for mining bitcoin. According to a U.K.-based news site Metro, 2018 may see more Icelandic electricity…

  • Replica of the "Tsar Bomba" in Sarov, Russia.

    This may be the dumbest scheme ever plotted by Russian nuclear scientists

    Rule #1 of bitcoin mining: Don’t use your work computer if your boss is Vladimir Putin

    When one uses the term “Russian nuclear scientist”, one immediately imagines the smartest person imaginable. Perhaps a chess champion on the side or someone who has memorized all of Dostoyevsky’s works, but definitely the type of person who is a brilliant and shrewd mathematician seven steps ahead of his or her counterparts anywhere else in the world. And then there’s reality. Specifically, the couple of engineers—it’s believed to be two—at the Sarov, Russia nuclear facility who just got busted using their employer’s supercomputer to mine bitcoin. The All-Russian Research Institute of Experimental Physics (RFNC-VNIIEF) is where the Soviet Union’s first atomic bomb was developed. Andrei Sakharov, the nuclear physicist-turned-human rights…