Bitcoin Core developer will make AntMiner’s killer

Active Bitcoin developer BtcDrak became a co-founder of Halong Mining
23 November 2017   806

Now Halong Mining company is testing a pilot version of a mining machine called DragonMint 16T.  BtcDrak considers that the machine can produce a total of 16 th/s and its energy efficiency is 30 percent higher than that of today's industry leader Bitmain’s AntMiner S9. The first serial release of the DragonMint 16T is scheduled for March 2018. In the development of the device has already invested about $ 30 million.

Bitmain's mining machines that have dominated the market in recent years. Over 70% of the network capacity is now produced by Bitmain machines, and about half are pools that are either directly owned or closely related to Bitmain - for example, AntPool, BTC.com, ConnectBTC and ViaBTC. BtcDrak considers that it is a problem of centralization. He hopes that DragonMint 16T will offer an alternative to Bitmain's mining machines.

One manufacturer as a monopoly is not good for Bitcoin. Centralization in mining is a problem regardless of how benevolent you are. If there is a center, then governments and criminals can attack it. Decentralization protects the entire system and all its participants. So I wanted to bring competition.

 

BtcDrak

Bitcoin Core developer.

Already Halong Mining done building on the research over the past year. And now the company is considering open sourcing its board designs and software.

Microsoft Word Has Mining Vulnerability, Votiro Says

According to researhers, vulnerability is caused by the new feature of Microsoft Word
22 February 2018   32

Java mining scripts for Monero can be run inside Word documents. This became possible thanks to a new feature that appeared in the latest versions of Microsoft Office products. It allows you to add text to the video using the iframe insertion code. The file itself does not become harder, because the view is done online. This is reporte by Block Tribune.

The problem was noticed by a researcher from the Israeli company Votiro Amit Dori. He writes that the video player is actually a disguised Internet Explorer browser that operates in an offline mode. In addition, Word allows you to insert links to any site on the Internet, even if it is not in the white list.

You can protect yourself by maintaining an up-to-date machine with all security patches and updates installed. Furthermore, if you spot a serious CPU rise while watching an online video in Word, be aware it might be an in-browser miner and close the video frame.
 

Amit Dori

Security researcher, Votiro

The scammer can place the video in his own domain, adding to it a Java-script for mining. It is worth the user to click on the playback, as the crypto miner starts to mine Monero, parasitizing on the power of its processor.