BitPico Takes Responsibility for Lightning Network DoS Attack

Mysterious BitPico admitted creating a network stress tool for Lightning Network
04 April 2018   774

On March 21 we have reported about the DDoS attack on Lightning Network nodes, which was confirmed by Alex Bosworth, one of the developers of technology. The developer retwitted the screenshot of a chat with BitPico in Slack, and now there are new details of the case, that we would like to report about.

The mysterious twitter account under the name BitPico yesterday posted a screenshot and admitted creating a network stress tool for Lightning Network. According to him, the network was operating out of 8 countries running 22 attack vectors in-parallel from about 384 endpoints.

BitPico tweet regarding lightning network DoS attack BitPico tweet regarding Lightning Network DoS attack 

Developers have performed a Denial-of-Service, a cyber-attack in which the perpetrator seeks to make a machine or network resource unavailable to its intended users by temporarily or indefinitely disrupting services of a host connected to the Internet.

There is not so much information about BitPico and their indentity, but as we reported previously BitPico stated that, contrary to the statement on the refusal of the SegWit2X hardfork, it was intending to implement it. Also BitPico stated that it was controlling about 30% of the Bitcoin network hashrate.

Ebang to Unveil New BTC Mining Devices

As reported, 10-nm process technology based Ebang E11 miners can reach 44 TH/s performance
25 September 2018   111

The Chinese manufacturer of mining equipment Ebang Communication revealed details about the new line of E11 devices, CCN reports.

At World Digital Mining in Tbilisi, the company introduced three new devices. Based on the 10-nm process technology Ebang E11 miners can reach 44 TH / s. According to the information on the company's website, new miners will go on sale in the near future.

Ebang Mining Devices
Ebang Mining Devices

On the advertising pic there are new devices: E11 (30TH / s), E11 + (37TH / s) and the most powerful E11 ++ (44TH / s)

Main competitor of Ebang - Bitmain - had introduced a high-performance chip BM1391 last week based on 7nm process technology. It is noteworthy that the device E11 ++ from Ebang in its effectiveness exceeds the flagship chip from Bitmain only 2J / TH.

The first information about the new line of miners from Ebang appeared in August.