Mining Hardware Store to Open in South Africa

Bitcoin hardware stores are popping up all over the world and now one of them will open its doors in South Africa
08 February 2018   256

A supplier of Bitcoin mining hardware from South Africa, Bitmart, is about to open its first retail store. The store will stock software components, ASICs, GPU miners and other relevant hardware. It will also stock cryptocurrency merchandise such as t-shirts, caps, hardware wallets and etc. Now miners in South Africa can just walk into a shop and pay on the spot.

This shop is willing to provide educational seminars in order to create a cryptocurrency community. Bitmart will accept EFT (a South African internet banking payment transfer service), credit cards, and, of course, all major cryptocurrencies, such as Bitcoin, Ethereum as a method of payment.

Bitmart will offer business owners the additional services such as mining farm development, deployment and management, container-based mining solutions, and large-scale deployment. It will also install equipment in place to accept Bitcoin as payment.

It is important to note that South Africa is not the only place where users can buy equipment for mining. For example, a large electronics mall in Singapore has at least five mining hardware shops.

Microsoft Word Has Mining Vulnerability, Votiro Says

According to researhers, vulnerability is caused by the new feature of Microsoft Word
22 February 2018   47

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.