Hidden Miners Cases to Rise 400% in 2018, Kaspersky Says

Kaspersky Lab report is much like the Cyber Threat Alliance study dated September this year
18 December 2018   628

In 2018, the number of attacks for hidden mining reached 13 million, which is 400% more than in 2017. Then 3.5 million attacks were recorded. Such data are provided by the Russian cyber security company Kaspersky Lab, according to CCN.

Experts also noted that in the Middle East and Africa, the number of hidden mining cases increased fourfold compared to last year.

The findings of Kaspersky Lab coincide with data from a September Cyber ​​Threat Alliance study. Then, cybersecurity company analysts said that the cases of hidden mining cryptocurrency increased by 459% compared with last year.

Mining Ban in China Won't Affect Bitmain & Canaan

This is said by the companies themself; also, Bitmain and Canaan did not indicate whether they intend to move the business abroad
11 April 2019   201

The prospect of a ban on mining in China will not have an impact on the operating activities of mining giants Bitmain and Canaan in the short term. This was stated by representatives of the press services of companies, 8btc reports.

At the same time, Bitmain and Canaan did not indicate whether they intend to move the business abroad, if the mining ban is set at the legislative level.

Note that China currently holds a dominant position in mining Bitcoin and Ethereum.

According to local cryptoexperts, mining equipment manufacturers will exist as long as Bitcoin has value.

Earlier in April, the National Development and Reform Commission of China issued a bill that called mining an “undesirable industry” and proposed banning it.

So far, the initiative has no legal force. Public discussion of the bill will last until May 7.