2/3 Bitcoin Cash blocks mined by Hong Kong anonym

The unknown Hong Kong mining pool has mined 75% of Bitcoin Cash blocks so far
03 August 2017   1319

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Bitcoin Cash (BCH, BCC), a hard-forked version of the original Bitcoin, is less than two days old ans only three mining pools are currently mining the brand new coin: these are Bitcoin.com, ViaBTC and... the third one is rather mysterious.


Distributed database that is used to maintain a continuously growing list of records, called blocks

Thus, according to the CoinDance data, the share of that "unknown" pool accounts for 75% of the total hashrate. By the way, the block’s coinbase data has revealed an address to a backpackers hostel in Hong Kong called Kwong Wah Mansion - that's where a good part of Bitcoin Cash has been mined from.

Latest Bitcoin Cash blocks by mining pool summary on cash.coin.dance Latest Bitcoin Cash blocks by mining pool summary on cash.coin.dance

Bitcoin Cash

A new cryptocurrency representing a hard-forked version of Bitcoin, different from it in the blocksize limits

News.bitcoin.com lifts the veil of secrecy and provides the readers ith an exclusive conversation with the miner from Hong Kong otherwise known as "MC Pool", who wishes to remain anonymous.

The miner was asked about the initial reasons for mining Bitcoin Cash.

Seriously for fun and to promote the new trading center in Hong Kong.

MC Pool
Bitcoin Cash miner from hong Kong

Apparently, the miner started mining Bitcoin Cash to promote his new trading center called “Genesis Block”, which will focus on day trading, Over-the-Counter (OTC) sales, retail, night-time lectures, sharing and local cryptocurrency meet-ups.

According to the information provided by news.bitcoin.com, the Hong Kong miner explains that he and “most of his friends” have already switched back to the BTC main chain, as the operation hasn’t been profitable due to the difficulty. “Return still cannot catch up to difficulty,” explains the miner.

Only time will tell which one [BTC or Bitcoin Cash] will survive eventually.

MC Pool
Bitcoin Cash miner from hong Kong

Since switching back to the main chain, the Hong Kong miner doesn’t think they will mine it again. He doesn’t believe his “friends” will go back into mining Bitcoin Cash either. 

Tesla's cloud account hacked to mine cryptocurrency

Independent security group discovered Tesla's cloud account being hacked and infected with a miner-virus
21 February 2018   23

Cryptocurrencies are on the rise and all sorts of shady characters are trying to get in with dubious methods. Recent string of hacking attacks is a perfect example. And now not only exchanges and users with their hard-earned coins are in danger, but also companies with large cloud infrastructure face the same threat.

RedLock, a security research firm, reports that electric car manufacturer Tesla's cloud account information has been leaked to the internet, which allowed hackers to access the company's cloud. It has been hacked and hardware infected with a miner virus called Stratum. The mining protocol masks itself with low CPU usage and obscuring the IP of the mining server.

Of course, RedLock immediately contacted Tesla with this information and the company quickly got to fixing the breach. Tesla's spokesperson assured us that customer personal information hasn't been compromised, and that the vulnerability was patched in a matter of hours. Only small test park of internally-used engineering sample cars has been impacted and no indication whatsoever discovered that actual customer cars have been compromised in any way.

It certanly looks possible, because according to the same RedLock Cloud Security Intelligence group mining profitability of Tesla's cloud is worth a lot more that all the customer data available could be sold for on the black market. This also isn't the first instance of such a hack with no data being stolen. In fact, hacks with intention of hijacking mining capacity has already targeted Gemalto, a world's largest SIM-card manufacturer, and Aviva, a British insurance company, just to name a few.