Italian Enel will not Supply Power to Miners

This week Enel was in talks to sell power from renewable energy plants to the Swiss cryptocurrency company Envion AG
02 February 2018   283

Enel, one of the biggest electricity company in Europe, said it would not supply electricity to the energy-hungry industry of mining cryptocurrencies, adding it has “no interest whatsoever in selling power” for the purpose. The company said it had reached the decision after careful study and analysis.

This week the company was in talks to sell power from renewable energy plants to the Swiss cryptocurrency company Envion AG.

Enel has undertaken a clear path toward decarbonization and sustainable development and sees the intensive use of energy dedicated to cryptocurrency mining as an unsustainable practice that does not fit with the business model it is pursuing.

 

Enel statement

Enel, which owns a majority stake in Spanish utility Endesa, is one of Europe’s top renewable energy players and is focusing on green energy to help offset the crisis in traditional power generation.

We have recently reported that South Korean company Samsung Electronics started manufacturing ASIC hardware for cryptocurrency mining from January 2018.

Microsoft Word Has Mining Vulnerability, Votiro Says

According to researhers, vulnerability is caused by the new feature of Microsoft Word
22 February 2018   33

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.