Nicehash to Return 60% of BTC Stolen

Cloud mining platform was hacked back in December 2012 and 4700 BTC stolen
28 August 2018   480

Cloud mining service Nicehash returned 60% of the bitcoins stolen as a result of the platform hacking in December 2017. This is reported by Bitcoin.com.

After hacking, the company lost 4700 BTC, but immediately announced that it would return all stolen funds to customers, and gradually fulfills its promise. As part of this process, Nicehash charges a portion of the stolen coins monthly.

Law enforcement authorities meanwhile continue to investigate the incident. Representatives of the local police emphasize that such incidents are always very complex and take a lot of time. Typically, hackers are abroad and operate from different parts of the world, and also resort to various tricks to hide their identity and location.

Recall that the hacking of the cloud-based mining service occurred on December 6, 2017. At the time of the theft, the value of assets reached $ 65 million.

Bitfury to Represent Bitcoin Mining Optimization Chip

The product is called Bitfury Clarke ASIC and it's based on five successful generations of mining chips
20 September 2018   122

Bitfury Group introduced a new generation of hardware for bitcoin mining under the control of the integrated microcircuit Bitfury Clarke ASIC.

Five successful generations of Bitfury mining chips are the basis for new Bitfury Clarke ASIC. According to the developers, the new chip has the highest performance characteristics among the bitcoin mining hardware.

14nm Bitfury Clarke ASIC is fully optimized for Bitcoin Mining on SHA256. The hashing capacity is up to 120 Gigahets per second (GH / s) with energy costs of only 55 miljoules per gigahash (mJ / GH). The minimum required mains voltage is 0.3 V.

In addition to selling Bitfury Clarke chips, Bitfury also integrates Bitfury Clarke into other hardware, including its own servers for mining and BlockBoxes, as well as in the mining centers in Canada, Norway, Iceland and Georgia.